Friday, April 14, 2017

PE Kiwoom May ... Opening Capital largest



Should start operating next month [Korea Seo Hye Rin nine financial newspaper reporter] private equity fund management company Kiwoom PE (private equity) are Kiwoom made. The initial capital of 50 billion won to be the largest among domestic private equity fund management company.

14 days, according to the financial investment industry known to be applied during the financial authorities twenty-two months for private equity fund managers in the investment approval Kiwoom. Kiwoom was originally had planned to apply for approval in late February filed late last month in internal affairs.

According to Kiwoom is currently Kiwoom PE is preparing for next month, sales staff to show scale. It is a force of 6-7 levels including representative. The main business is private equity fund management participation as the main point of a sale after the company acquired management control, structural improvements.

The initial capital of 50 billion won Kiwoom PE is the size. Double Kiwoom is investing 20 billion won and 30 billion won will be invested in the remaining subsidiaries, including future technologies, Korea Information Certification.

This is the highest level of capital size of private equity fund managers that are currently registered. The size of the private equity fund management company Capital No. 1 is about 365 billion won to stick Investments.

Kiwoom official said, "it's based on the size of the industry-leading capital strengthening Kiwoom, asset management, venture capital companies, savings banks and investment links between affiliates to raise her investment into a new growth engine.



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