[Korea financial newspaper sinyuncheol News] Woori Bank (Bank yigwanggu) This midsize Venture Capital Company K Partners (CEO Kim Hak-bum) and the hand of the first commercial bank specializing in investment fund Korea Movies - has formed the 'Woori Bank Company Kay Korea Movies investment funds' It said 22 days.
We invested 30 billion to banks and major investors, participate in the CJ E & M, NEW, also owned SHOWBOX. Fund size is expected to invest about 120 billion investment in the domestic three major investments distributor (CJ E & M, NEW, SHOWBOX) is a Korea film distribution, over the next four years about 100 convenience accumulated in major South Korea movie based on a total of 60 billion won to be.
Have reduced the risk to the individual investment portfolio investment in existing funds against major film distribution film, the target rate of return is also expected to more than 10%. In particular, the womb fund focused on policies such as the financial situation in Korea has made investments in movies, are being evaluated in the market means that there is a specialized investment fund organized for this movie Korea commercial banks.
Woori Bank official said, "our bank the most recent successful privatization will establish one of the 'IB reinforced with two kinds of industrial expansion Activate five business objectives, existing infrastructure / real estate / PEF investments as well as investments in Robo adviser, iris recognition technology holding company including the expansion of investment base, "said," through this fund it said it expected not only to contribute to the development of cultural industries Korea is also possible to secure a stable return on investment with Korea film growth. "
On the other hand, we support our banking subsidiary, including through the crowdfunding platform wibi crowd "of private merchant banking investments recruitment and promotion for the film box office is also planned.
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