[South Korea's Choice Financial newspaper reporter] Industrial Bank announcement coming on the 13th Churchill (PE) funds and venture capital (VC) fund managers entrusted selection plan.
This year funds entrusted investment management scale is 450 billion won PE funds, VC funds have a total of 610 billion won to 160 billion won. Plans to raise 1.35 trillion won fund size through the matching of private capital.
Industrial Bank is such emphasis on the direction of this year's fund is mergers and acquisitions (M & A), including business reorganization and expansion, recovery market activation for sustained growth supported by companies, seven promising service industries, venture capital Seon Sunhwan through overseas expansion.
Industrial Bank following last year to this year, was selected to excellent managers Zero League managers. League managers is how to divide the managers into four league fund size, etc. eopryeok the large, medium, small, rookie criteria selected by the league managers.
Immaengho Creative Industries Division, said the bank financial growth, the domestic fund market in the long term to reflect market needs to be developed to reduce the reliance of public authorities in the ecosystem of the center-founder of the private investment plan to improve the system continuously.
Meanwhile, the Industrial Bank of New Industrial development funds including this batch IPO investment projects (April 11 document review result announcement), the matching contribution (half of) the project investment (year-round at any time), the various contributions, including government linked investment (the second half) through the program, it plans to implement a total of 900 billion won-scale investment projects of this year.
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