Vayupak Fund 1

Sovereign Wealth Fund Bangkok, Thailand ·Founded 2003

Overview

Vayupak Fund 1 is a sovereign wealth fund established by the Thai government to support economic development projects within the country. The fund primarily invests in a diversified portfolio, including government securities, state enterprise bonds, and other financial instruments issued by government agencies and state enterprises. Its objective is to generate stable returns while contributing to the development of Thailand's capital markets and economy. The fund employs both active and passive investment strategies, focusing on assets with solid fundamentals, good liquidity, long-term stability, sustainable business practices, and strong corporate governance. It places significant emphasis on Environmental, Social, and Governance (ESG) factors, rigorously screening investments to ensure alignment with these criteria. The fund's management companies, Krung Thai Asset Management Public Company Limited and MFC Asset Management Public Company Limited, oversee its operations, ensuring adherence to its investment policies and objectives. Vayupak Fund 1 has demonstrated a commitment to delivering consistent returns to its investors. In 2025, it achieved a total dividend yield of 6.09%, surpassing its minimum target of 3% per annum. The fund's net asset value (NAV) increased to 10.70 baht per unit, reflecting its effective management and investment strategy. These outcomes underscore the fund's role as a stable and reliable investment vehicle, contributing to the growth and stability of Thailand's financial markets and economy.

Investment Focus

  • Compliance with Thai government regulations
  • Alignment with fund's investment policies and ESG criteria

Portfolio Companies

KASIKORNBANKSiam Cement GroupSiam Commercial BankAdvanced Info ServiceThai Airways InternationalPTT Exploration and ProductionBangkok BankCP AllThai OilBangkok Dusit Medical ServicesThai Union GroupCentral PattanaThai BeveragePTT Public Company LimitedKrung Thai Bank

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Frequently asked questions about Vayupak Fund 1

What sectors does Vayupak Fund 1 invest in?

Vayupak Fund 1 invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Bangkok, Thailand. Vayupak Fund 1 is listed as a sovereign wealth fund in the ConnectSafely investor database.

What stage does Vayupak Fund 1 invest at?

Vayupak Fund 1 backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 100M.

Which regions does Vayupak Fund 1 invest in?

Vayupak Fund 1 invests across Thailand.

What companies has Vayupak Fund 1 invested in?

Vayupak Fund 1's portfolio includes KASIKORNBANK, Siam Cement Group, Siam Commercial Bank, Advanced Info Service, Thai Airways International, PTT Exploration and Production, Bangkok Bank and CP All.

Last updated · Source: ConnectSafely investor database