Raem Asset Management Shrinks Fund Assets to 3.8 Trillion Won... 40% Redemption Suspension Situation

[Asia Economy Reporter Park Ji-hwan] It has been revealed that the asset proportion of funds with suspended redemptions among the funds managed by Lime Asset Management, which is embroiled in a large-scale fund redemption suspension crisis worth 1.6 trillion won, reaches 40%.

According to the Korea Financial Investment Association on the 9th, as of the 6th of this month, the net assets of 269 private equity funds managed by Lime Asset Management amounted to 3.8307 trillion won. Considering that the asset size of the three mother funds with suspended redemptions last year was 1.5587 trillion won, it is interpreted that 40.7% of the fund assets currently managed by Lime Asset Management are in a state of suspended redemption.

Last year, Lime Asset Management decided to suspend redemptions for 'Pluto FI D-1', 'Tethys No. 2', and 'Pluto TF No. 1 (Trade Finance Fund)'. When also considering the 'Credit Insurance Trade Finance Fund', which has raised concerns about potential redemption suspension, the amount of funds either suspended or at risk of suspension increases to 1.6679 trillion won. This raises the proportion to 43.5% of Lime Asset Management's total fund assets.

On the 14th, Lime Asset Management is scheduled to readjust asset prices for two mother funds with suspended redemptions, which is expected to further reduce net assets.

This content was produced with the assistance of AI translation services.