Eximbank of Korea to commit $143 mn to 4 Korean PEs

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Eximbank of Korea to commit $143 mn to 4 Korean PEs - Korea Economic Daily

Quick Summary:

According to sources in the investment banking industry on Monday, Korea Eximbank selected two managers for the large-scale fund segment and two for the mid-sized fund segment in its supply chain stabilization initiative for the second half of this year.

IMM Investment, Korea Investment Private Equity (PE), Corstone Asia, and Paratus Investment have been selected for the Export-Import Bank of Korea's (Eximbank) supply chain stabilization fund investment initiative.

Korea Eximbank will contribute 200 billion won ($143 million) to these funds, with the combined minimum target fund size reaching 1 trillion won ($713 million).