Hana Financial Group Establishes 20 Billion KRW Fund to Support Women-Led Ventures and Startups

Establishment of 'Hana WISH Value Growth Fund'

Hana Financial Group (Chairman Ham Young-joo) announced on the 26th that it has established the 'Hana WISH (Women's Innovative Start-up with HFG) Value Growth Fund' worth 20 billion KRW to foster female ventures and startups.

Through the establishment of the Hana WISH Value Growth Fund, Hana Financial plans to discover and support promising female venture and startup companies that have technological capabilities but lack financial resources, enabling their growth. This is expected to expand women's participation in social activities and increase investment opportunities in female-led companies.

Formed as a new technology business investment association, the main investment targets of this fund are promising domestic companies in five industrial sectors where positive synergy with Hana Financial Group is possible and the strengths of female leaders can be well utilized: ▲life platforms ▲bio-healthcare ▲fintech ▲artificial intelligence (AI) and big data ▲ESG (environment, social, and governance).

The Hana WISH Value Growth Fund will be co-managed (Co-GP) by Hana Securities and Hana Ventures. Hana Bank, Hana Card, and Hana Capital will participate as limited partners (LPs). Through this fund establishment, Hana Financial Group has laid the groundwork for the growth of female ventures and startups at the group level, following Hana Securities’ 1 billion KRW investment in the government-backed ‘Women’s Enterprise Fund’ in July.

A portion of the profits generated from managing this fund will be allocated to a fund used for the group’s ESG projects supporting women. Investment support for promising female companies will continue through events such as ▲women’s enterprise IR and ▲demo days, which involve external experts.

A Hana Financial Group official stated, “Through the establishment of this fund, we expect to support women’s participation in social activities and contribute to creating social value for the establishment of diversity and an inclusive culture. We will continue to provide substantial support for the greater leap and growth of promising female companies with creative technologies and ideas.”

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