Korea Social Investment Celebrates 10th Anniversary: "Achieving Asset Management Growth from 10 Billion to 100 Billion Won in 5 Years"

[Asia Economy Reporter Kim Bo-kyung] Korea Social Investment, a non-profit private accelerator (AC), announced on the 6th that it aims to achieve 100 billion KRW in assets under management (AUM) within the next five years, marking its 10th anniversary.

Founded in 2012, Korea Social Investment laid the foundation for impact investing by managing Seoul City's Social Investment Fund (approximately 52.6 billion KRW) on a consignment basis for four years. Through supporting businesses that address social issues such as the sharing economy, environment, and housing welfare, it contributes to establishing sustainable business models and creating jobs.

It has conducted accelerating and investment programs with MetLife Life Social Contribution Foundation, National Health Insurance Service, IBK Industrial Bank, Hana Financial Group, KOICA, and others.

Starting this year, it is accelerating fund formation and investment, planning to expand its current AUM of about 10 billion KRW tenfold within five years. To achieve this, it plans to diversify fund types and sizes through complex financing methods such as equity investment, loans, grants, and project financing.

Meanwhile, Korea Social Investment recently held a 10th anniversary global startup investment competition at Front1 in Mapo-gu, Seoul, attended by about 100 startup and investment stakeholders.

At the event, IR pitching was conducted by four global startups (Seed&Co, Cosmos Lab, Reset Company, Physio) that Korea Social Investment recently decided to invest between 50 million KRW and 300 million KRW, along with presentations from three nurturing companies (KRG Group, Joeun Undongjang, Dolbom Dream) equipped with ESG cooperation models.

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