Korea Development Bank Selects 3 Final Operators for SoBuJang Blind Fund
Fundraising of 300 Billion Won Scale Within the Year
[Asia Economy Reporter Jin-ho Kim] The Korea Development Bank announced on the 21st that it has selected three final entrusted management companies for the second blind fund dedicated to investment in the materials, parts, and equipment sector.
The selected entrusted management companies are Yuanta Investment, Korea Investment Partners & Kingo Investment Partners, and Mirae Asset Venture Investment & WeVenture, each planning to complete fund formation of over 100 billion KRW within the year. The fund will focus on investing in 'companies related to the materials, parts, and equipment industry' and 'companies related to semiconductor materials, parts, and equipment' (limited to semiconductor materials, parts, and equipment).
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A Korea Development Bank official stated, "We expect that investing in companies that form the foundation of innovative growth such as semiconductors and future cars will contribute to strengthening the competitiveness of the materials, parts, and equipment industry and advancing Korea as a global powerhouse in this sector."
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