Korea’s Castling gets first LP commitment, targets fund-of-funds
Castling Investment Group, a start-up alternatives investment advisory firm based in South Korea, has received its first external LP commitment – totaling $80 million – from a local museum foundation. The capital will be placed into a separate account and deployed globally.
"We want to take this commitment and go to market next year for a co-mingled fund-of-funds," said Steve J. Kim, Castling's chief investment officer, told AVCJ. The firm was set up by a local family office...
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