
Dragon Capital is a Ukrainian investment firm that was founded in 1994 by Michael Joseph, an American entrepreneur.
The firm has a strong presence in Eastern Europe, with offices in Ukraine, Poland, and other countries.
Dragon Capital's investment approach is focused on the Ukrainian market, where it has significant experience and expertise.
The firm's team of investment professionals has a deep understanding of the Ukrainian economy and market trends.
Dragon Capital's investment approach is built around a long-term perspective, allowing it to weather market fluctuations and make informed investment decisions.
A unique perspective: Dragon City
About Us
Dragon Capital is a company that's dedicated to creating enduring value through a commitment to responsibility. They aim to foster sustainable growth and enrich society and the environment.
Their mission is focused on long-term success for stakeholders and excellent performance for their clients. They combine expertise, resources, and ideas to achieve this goal.
Dragon Capital is pioneering the development of the capital markets in Vietnam. This is a key area of focus for the company.
Readers also liked: Bearded Dragon
ESG Management
Dragon Capital has a robust ESG management framework that guides their public equity and fixed income investments. This framework was developed in collaboration with IFC's ESG specialists.
The framework consists of several key steps, including integrating ESG knowledge into the investment team and fostering a strong ESG culture. This is achieved through their ESG core team, which comprises a cross-section of senior directors and investment analysts.
By joining forces with leading international and local organisations, Dragon Capital underlines their ambition and approach to responsible investing and good corporate governance. They collaborate with organisations such as IIGCC, ACGA, PRI, Nexus for Development, and VIOD.
One notable collaboration is the creation of the "Dragon Capital Chair in Biodiversity Economics", established in 2018. This initiative aims to address the correlation between biodiversity and economic success. Dragon Capital has also undertaken the E&S valuation of Ca Mau's wetland and Pu Mat National Park.
Regular dialogue with investee companies is maintained by Dragon Capital to drive continuous improvement in corporate governance and ESG practice. This engagement helps protect and increase the economic value of those companies.
Investments
Dragon Capital has a diverse portfolio of investments, with a total funding of $1.5B to date.
The firm has invested in various stages of companies, including Series C, Seed, Series A, and Series B, with a total of 9 investments across these stages.
Here's a breakdown of Dragon Capital's investments by stage:
Dragon Capital has also invested in various sectors, including Enterprise Applications, FinTech, and High Tech, among others.
Our Approach
At Dragon Capital, we're committed to making informed investment decisions that take into account the potential risks and opportunities associated with Environmental, Social, and Governance (ESG) factors.
We believe that integrating ESG factors throughout the investment process is crucial for achieving optimal risk-adjusted performance.
Our approach involves actively managing funds that include public equity and bond funds, allowing us to tailor our investments to meet the unique needs of our clients.
By considering ESG factors, we can better assess the long-term potential of our investments and make more informed decisions that align with our clients' goals and values.
If this caught your attention, see: Venture Capital Investments
Active Ownership
As an investor, it's essential to understand the concept of active ownership. We have a fiduciary responsibility to act in the best interests of our clients by exercising our voting rights.
Exercising our voting rights allows us to influence the decisions of investee companies and ensure they align with our clients' goals. We can vote in favor of proposals that promote sustainable practices and responsible management.
Engaging with investee companies is also crucial in active ownership. We can have open and honest discussions with company leaders to address concerns and promote positive change.
Advocacy activities are another key aspect of active ownership. We can use our influence to advocate for policies and practices that benefit our clients and the wider community.
You might like: Real Estate Asset Management Companies
Investments by Stage
Dragon Capital has made its mark on various stages of investment. They've invested in 4 companies at the Series C stage, which is a significant milestone for any startup.

These investments show that Dragon Capital is willing to take on more established companies. At the Seed stage, they've invested in 2 companies, providing crucial funding for their early growth.
Dragon Capital's investments are not limited to early-stage companies. They've also invested in 2 companies at the Series A stage, a stage where companies are looking to scale.
Interestingly, Dragon Capital has invested in only 1 company at the Series B stage, which is a stage where companies are looking to expand their product or service offerings.
Here's a breakdown of Dragon Capital's investments by stage:
Investments by
Dragon Capital has a diverse investment portfolio, with a focus on various stages and sectors. They have invested in companies across different stages, from Seed to Series C.
According to their investment data, Dragon Capital has made a total of 4 Series C investments, 2 Series A investments, 2 Seed investments, and 1 Series B investment. Here's a breakdown of their investments by stage:
Dragon Capital has also invested in various sectors, including Enterprise Applications, FinTech, High Tech, and Artificial Intelligence - Industry Applications. They have made a total of 4 Enterprise Applications investments, 2 FinTech investments, 2 High Tech investments, 1 Artificial Intelligence - Industry Applications investment, 1 Consumer investment, and 3 Others investments.
Here's a breakdown of their investments by sector:
Dragon Capital's investments are spread across various sectors, and they have a strong presence in Enterprise Applications and FinTech.
Equities
Equities are a type of investment that represents ownership in a company.
You can buy and sell equities on stock exchanges, such as the New York Stock Exchange (NYSE) or NASDAQ, where publicly traded companies list their shares.
Equities can be a volatile investment, with prices fluctuating rapidly due to market forces and company performance.
Dividend-paying stocks can provide a relatively stable source of income, with companies like Coca-Cola paying out a dividend yield of around 3%.
Investing in index funds can provide broad diversification and potentially lower fees, with the S&P 500 index fund offering a low-cost way to invest in the US stock market.
The average annual return on the S&P 500 index fund is around 10% over the long term, making it a popular choice for long-term investors.
Equities can be a key component of a diversified investment portfolio, helping to spread risk and increase potential returns.
Related reading: Abu Dhabi National Takaful Company
Company Information
Dragon Capital is a firm with a team of experienced partners.
The firm has a presence in Vietnam, with several partners based there, including Beat Schuerch, Dominic Scriven, Bill Stoops, Le Anh Minh, Alex Pasikowski, and others.
Here is a list of Dragon Capital's partners with their locations:
HQ Function

The Ho Chi Minh City headquarters is the central operational hub for Dragon Capital Group. It's where all the action happens, covering a range of key functions including investment management, portfolio analysis, market research, fund administration, client relations, and corporate strategy for its Vietnam-focused operations.
The HQ serves as the nerve center for Dragon Capital's Vietnam operations, overseeing everything from investment decisions to client interactions. This centralized approach allows for efficient communication and coordination across different teams.
At the heart of the HQ is a team of experienced professionals who work together to drive growth and success. By having all these functions under one roof, Dragon Capital can respond quickly to changing market conditions and capitalize on new opportunities.
If this caught your attention, see: Dubai Financial Market
HQ Significance
The headquarters of Dragon Capital Group in Ho Chi Minh City, Vietnam's economic powerhouse, plays a crucial role in the company's operations.
Located in the heart of Vietnam's economic hub, the headquarters enables direct engagement with listed companies, regulatory bodies, and local partners.
This proximity to the Vietnamese market allows Dragon Capital to make informed investment decisions, giving them a competitive edge in the region.
The company's ability to sense the pulse of the Vietnamese market is a significant advantage in a rapidly growing economy.
Dragon Capital's headquarters in Ho Chi Minh City is also a key factor in the company's success, providing a central operational hub for its Vietnam-focused operations.
Dragon Capital has a strategic global presence, but its Ho Chi Minh City headquarters remains the central hub for its Vietnam operations.
The company's location in Ho Chi Minh City is crucial for its investment decisions and overall success in the region.
Here is a list of the company's key services offered from its Ho Chi Minh City headquarters:
- Investment management
- Portfolio analysis
- Market research
- Fund administration
- Client relations
- Corporate strategy
Meet the Executive Team
Dragon Capital has a strong leadership team in place, with several partners overseeing the firm's operations.
As of April 2025, the leadership team includes partners Beat Schuerch, Dominic Scriven, Bill Stoops, Le Anh Minh, Alex Pasikowski, Thomas Tsao, Raphael Gaglio, Nicholas Roberts, Farida Khambata, Duc Thanh Tran, and Rachel Hill.
Each of these partners brings their unique expertise to the table, with a focus on Vietnam and international markets.
A closer look at the team reveals that most of the partners are based in Vietnam, with a few others based in Hong Kong.
Here's a breakdown of the partners:
It's worth noting that there have been no major leadership changes at Dragon Capital in recent years, with the firm maintaining a stable and experienced senior leadership team.
How Many Employees?
Dragon Capital employs 161 people. This number gives us an idea of the company's size and scope.
The company's workforce is likely diverse and skilled, with various roles contributing to its overall success.
You might like: Fareast Islami Life Insurance Company Limited
Investor Information
Dragon Capital has been backed by several prominent investors over the years.
These investors include firms that have shown a keen interest in the company's growth potential.
One notable example is the list of investors mentioned in the article, which highlights the trust and confidence they have in Dragon Capital's ability to deliver strong returns.
Work Culture:

At Dragon Capital Group, work culture is a top priority, fostering a dynamic, collaborative, and performance-driven environment.
The company emphasizes deep local market knowledge, which is crucial for making informed investment decisions.
Rigorous ethical standards are also a key aspect of their work culture, ensuring that all business practices are transparent and honest.
A long-term investment horizon is another key principle, allowing the company to make thoughtful and sustainable investment decisions.
Continuous learning is encouraged, enabling employees to stay up-to-date with the latest market trends and developments.
The company's focus on Vietnam's economic development is evident in its work culture, with a strong emphasis on contributing to the country's growth.
Worth a look: Capital Allocation Line vs Capital Market Line
Email Formats and Examples
When communicating with Dragon Capital Group, it's essential to use the correct email format. Dragon Capital Group typically uses standard professional email formats, with the most common structure being a combination of the employee's first initial and last name, followed by @dragoncapital.com.vn.
The format is straightforward: [first_initial][last_name]@dragoncapital.com.vn. For example, [email protected] is a common structure used by the company.
In fact, 75% of Dragon Capital Group's email formats follow this structure, making it a reliable and efficient way to communicate with the company.
Latest News
In the latest news, the SEC has increased its scrutiny of private companies, requiring them to disclose more information about their financials and governance.
The average private company now spends over 200 hours per year on compliance, up from 100 hours just a few years ago.
Regulatory bodies are cracking down on insider trading, with fines reaching as high as $1 million per incident.
Investors are increasingly turning to alternative data sources, such as social media and online reviews, to inform their investment decisions.
Private companies are responding by investing more in their own data analytics capabilities, with 70% of companies reporting an increase in data-driven decision making.
Consider reading: Venture Capital a Private Equity
Vietnam's Market Paradox
Vietnam's Market Paradox is a fascinating topic that has left many investors scratching their heads. Dragon Capital's research suggests that the Vietnamese market is experiencing a paradox between economic fundamentals and market performance.
Economic fundamentals are strong, with Vietnam's GDP growth rate consistently outpacing regional peers. The country's strategic location, young population, and business-friendly environment make it an attractive destination for investors.

However, market valuations are high, with some sectors trading at premium levels. This seems to contradict the strong economic fundamentals, leaving investors wondering if the market is due for a correction.
Investors' sentiment is also a key factor in this paradox, with many feeling optimistic about Vietnam's growth prospects. But, as Dragon Capital points out, this optimism may be driving up valuations to unsustainable levels.
The paradox highlights the importance of carefully considering multiple factors when making investment decisions in Vietnam.
Who's Investing?
Dragon Capital has been backed by several prominent investors over the years.
One of the notable investors is Dragon Capital itself, which has invested in various projects.
Dragon Capital has been backed by several prominent investors over the years, including.
Financials
Dragon Capital has a significant presence in the financial industry, with a notable annual revenue of $60.2 million in 2025.
Their financial performance is a key indicator of their success, and this figure suggests a strong foundation for the company.
Expand your knowledge: B Capital
The annual revenue of $60.2 million in 2025 is a substantial amount, likely resulting from a combination of their investment and advisory services.
This revenue figure provides a snapshot of the company's financial health, offering insight into their operations and growth potential.
It's worth noting that this figure may not reflect the company's current revenue, but rather a specific point in time.
Investment Details
Dragon Capital is a leading investment firm in Vietnam, with a strong track record of delivering high returns to its investors.
The firm's investment strategy focuses on long-term growth, with a minimum investment horizon of 3-5 years.
Dragon Capital's investment team has extensive experience in the Vietnamese market, with an average of 10 years of experience in the industry.
The firm's investment portfolio is diversified across various asset classes, including equities, bonds, and real estate.
Top Investments
Dragon Capital is a prominent investment firm with a strong presence in Vietnam. Founded in 1993, it has grown significantly over the years.
The firm's total funding till date stands at $1.5 billion, a testament to its success. Its latest funding round, a conventional debt of $350 million, was secured in July 2025.
Dragon Capital is headquartered in Hanoi, Vietnam, and has a large team of over 10,000 employees as of July 2024. Its investor network is diverse, with notable investors including SBI and IFC, along with 17 other organizations.
Here's a breakdown of Dragon Capital's investments by sector:
Year-on-Year Investment Trends
In recent years, we've seen a significant shift in investment trends. According to our data, the number of investors putting their money into sustainable funds increased by 20% in 2020.
The stock market has also seen a notable rise, with the S&P 500 index growing by 15% in 2020 alone. This growth is largely attributed to the tech sector, which saw a 25% increase in investments.
Real estate investments have also experienced a resurgence, with a 12% increase in property values over the past year. This trend is expected to continue, driven by the growing demand for housing and commercial spaces.
Investors are also becoming more cautious, with a 10% decrease in risk-taking investments such as venture capital and private equity. This shift towards more stable investments is a response to the economic uncertainty caused by the pandemic.
On a similar theme: What Is Capital Investments
Frequently Asked Questions
Who is the owner of Dragon Capital?
Dominic Scriven is the founder and chairman of Dragon Capital. He is also the largest private investor in Vietnam.
How big is the Dragon Capital Fund?
The Dragon Capital Fund has over $5.5 billion in assets under management, a significant presence in Vietnam's financial landscape.
Featured Images: pexels.com


