Lindeman Asia to Acquire 10 Billion KRW Shares of Lindeman Innovation Growth Private Equity Fund
[Asia Economy Reporter Kim Hyo-jin] Lindemann Asia announced on the 27th that it will acquire 10 billion shares of Lindemann Innovation Growth Private Equity Partnership for 10 billion KRW.
After acquiring the shares, Lindemann Asia's stake in Lindemann Innovation Growth Private Equity Partnership will be 16.7%. The scheduled date for the share acquisition is August 28, 2024.
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Lindemann Asia stated that the purpose of this share acquisition is the "establishment and operation of a management participation-type private equity fund (PEF)."
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