Vietnam Development Partners I, L.P.
Real Estate FundFund ID 805-9893539795Cayman Islands
Gross assets
$693.6M
Min. investment
$1
Beneficial owners
10
Size rank
Top 11%
Audited
Yes
Structure
Standalone
About this fund
Vietnam Development Partners I, L.P. is a real estate fund managed by Ares Management LLC. The fund reports $693.6 million in gross assets, placing it among the top 11% of private funds by size. The stated minimum investment is $1. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-9893539795 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | No |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Ares Senior Credit Master Fund III LP | Hedge | $23.21B |
| Ares Senior Direct Lending Master Fund II Designated Activity Company | Hedge | $12.92B |
| Ares Capital Europe VI (e) II Levered, L.P. | Hedge | $9.89B |
See all 671 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Vietnam Development Partners I, L.P.?
Vietnam Development Partners I, L.P. reports $693.6 million in gross assets, among the top 11% of private funds by size.
What is the minimum investment for Vietnam Development Partners I, L.P.?
The stated minimum investment is $1.
Who manages Vietnam Development Partners I, L.P.?
Vietnam Development Partners I, L.P. is managed by Ares Management LLC.
Does Vietnam Development Partners I, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
A
Los Angeles, CA
Service providers
Reported gross assets
$693.6M▲ 151%
May '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 11%
Larger than 89% of 67,041 private funds
Gross assets vs Real Estate FundsTop 7%
Larger than 93% of 5,814 real estate funds
Minimum investmentTop 98%
Higher than 2% of funds reporting a minimum
Investor base
Adviser & related persons2%
Funds of funds%
Non-U.S. persons98%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.