Next Generation Partner

NGF Partner
Scaling Vietnam’s Next Regional Champions

Our Mission

To build the next generation of regional business champions through disciplined ownership, hands-on leadership, and long-term value creation

Our Mission

Redefining Private Equity in Emerging Markets: Smart Investments
Transformational Value Creation
High-Talent Density.

We invest in, partner with and scale SMEs in Vietnam

Identify & Acquire Exceptional Vietnamese SMEs

We source and acquire high-quality, profitable founder-led businesses with strong fundamentals and long-term growth potential.

Lead Through Hands-On Ownership & Execution

NGF takes an active operator role to professionalize governance, strengthen leadership, and upgrade core business systems.

Accelerate Growth Through Disciplined Value Creation

We drive revenue growth, margin expansion, and scalability through operational excellence, digitalization, and strategic expansion.

Create Enduring Businesses and Premium Exit Outcomes

We build stronger, more resilient companies positioned for long-term ownership, strategic sale, or capital market exits

Searcher & Operating Team with Deep PE, CFO/M&A, and Value Creation Expertise in Vietnam

NGF is run by a deeply Vietnam-experienced operating team across private equity, finance, M&A, HR, retail, and technology, supported by senior advisors from leading consulting and regional consumer-tech groups

Managing Partner / Searcher and Experienced Advisors with Deep Global & Vietnam Market Experience

Max-F. Scheichenost

Managing Partner / Searcher
  • Former Partner at Mekong Capital
  • Founding Board Member at VPCA
  • Co-Founder & Non-executive Director at Alps Ventures
  • Co-Founder of DailyDeal Austria, acquired by Google
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Marco Breu

Advisor
  • Chairman, Orionis Capital
  • Founded McKinsey Vietnam & led as Managing Partner for 13 years
  • Former Managing Partner, McKinsey Thailand & Singapore
  • Chairman, Vietcetera
  • Founder & Managing Partner, Alchemy Capital Solutions

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Jorge Martin Martinez

General Management
  • Advisor/Board Member at LiveSpo, Smollan, Bain & Company
  • Deal Partner, Expert Representative at Mekong Capital
  • Former Head of Country (Vietnam) & CFO Indochina at DKSH
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Minh Nhat Nguyen

BI/Analytics Lead
  • Financial Planning & Analysis Manager at Starbucks Vietnam
  • Former BI/Analytics leader at Gojek, GapoWork, Sony Electronics, Lazada
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Linh Nguyen

Retail/Ops Advisor
  • Partner, SEEDCOM
  • Former Chairman, The Coffee House
  • Former Vice President, Điện Máy Xanh
  • Former Sales Operations Director, Thế Giới Di Động
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Thu Vu Xuan

HR Advisor
  • Former Chief Operating Officer / Head of HR, Sun Group
  • Former HR Director, Vingroup
  • Former Employee Relations Manager, Nokia
  • Former Country HR Manager, Motorola
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Luong Ngo

Deal / Operations
  • Deal & Investment, Orionis Capital
  • Former Consultant, PwC Consulting
  • Former PMO, VinFast Global
  • Valedictorian, RMIT Class of 2024

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Minh Anh Tran

Investment Research/ Synthesis
  • Business Analyst, Orionis Capital
  • Former Equity Analyst, Phu Hung Securities
  • Top 5% Graduated, RMIT Class of 2026

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Our Case Studies

Our case studies of high-quality SMEs advised through focused, operator-driven value creation projects & initiatives in Vietnam

Marou

Value Creation Through Digital & Operational Transformation

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Vincent Mourou
Co-Founder, Chairman & CEO, Marou Chocolate

“Under Max’s digital business transformation leadership, Marou made one of its boldest transitions - from fragmented legacy systems to a fully integrated digital backbone. The ERP, data warehouse, and PMO he built with our team didn’t just modernize operations; they made performance transparent and decisions faster. Max has set a new benchmark for value creation through digital transformation.”

Pharmacity

Building Scale Through Leadership, Operations & Partnerships

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Deepanshu
CEO of Pharmacity

“Max was one of my most trusted advisors. He helped me recruit key leadership talent - including our CTO and CHRO - enabled partnerships with TCB, F88, and insurance partners, and connected me with world-class retail and operations experts who gave us valuable feedback during our transformation journey. His ability to combine strategic clarity, executional discipline, and a deep understanding of people made him an invaluable partner in building trust with talent and stakeholders in Vietnam.”

F88

Accelerating Product Innovation Through Agile Execution & Data Foundations

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Our Culture

We are building a platform where the best people aspire to spend their careers - a place where you can be your authentic self, push your boundaries, and collaborate with colleagues you trust, respect, and admire.

We call our culture being A-L-I-V-E

Authentic

We speak and act from what is real and present - without posturing, hidden agendas, or image management - so people experience clarity, trust, and forward movement in every interaction and communication.

Leadership & Ownership

We take full responsibility for outcomes we influence, keep our word (or clean it up immediately when we cannot), and make decisions as if the capital, reputation, and consequences were entirely our own.

Inquiry & Curiosity

We approach ambiguity, mistakes, and disagreement as learning opportunities - asking better questions before forming conclusions, especially when the answer threatens our assumptions.

Valued Respect

We treat founders, partners, teams, and each other as capable, dignified adults - challenging directly, listening deeply, and focusing on each other's strengths wherever it shows up.

Enjoyment & Fun

We bring energy, humor, and humanity into serious work - because sustainable excellence, creativity, and long-term performance only exist where people enjoy the game they are playing.