IMM raises $1.8b for fourth Korea fund
IMM Private Equity will complete fundraising for its fourth Korea-focused vehicle at the end of this month, with KRW2 trillion ($1.8 billion) in commitments. It caps a year in which the firm expects to close two new investments and agree exits on three others.
Fund IV launched at the start of 2019 and reached a first close of $1.3 billion in July of that year. Korean investors, including the National Pension Service (NPS), contributed $900 million. The final...
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