
SBI Holdings launch Korean government-backed PE firm
Japanese financial group SBI Holdings has announced that its private equity entity in South Korea, has been appointed as one of the fund managers to operate a new KRW 10 billion ($92 million) Japan/Korea parts and material fund, to be operated in conjunction with the South Korea government owns Korea Finance Corporation (KFC).
The newly formed fund, named SBI Private Equity, will be jointly held by Seoul-based KTB Investment & Securities, and will make investments in the parts and material manufacturers and suppliers in South...
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