Korea Investment & Securities Discusses Global Collaboration with Muzinich & Co.

Korea Investment & Securities announced on July 29 that it had discussed strategic collaboration plans with Muzinich & Co., a U.S. private credit investment specialist, to diversify its global bond investment portfolio and strengthen its competitiveness.

The meeting, held at the headquarters of Korea Investment & Securities in Yeouido, was attended by Justin Muzinich, CEO of Muzinich & Co., and Kim Jaepil, Korea Country Head. They exchanged views on trends in the global private credit market and bond asset investment strategies. The company explained that the discussion particularly focused on investment opportunities and differentiated approaches centered on the U.S. private credit market and parallel lending in the European market.

On the 29th, at the headquarters of Korea Investment & Securities, President Sung-Hwan Kim (right) and Justin Muzinich, President of Muzinich & Co., are discussing collaboration to diversify global investments and strengthen competitiveness. Korea Investment & Securities

Muzinich & Co. is an asset management firm specializing in high-yield bond portfolios, including U.S. public and private credit and high-yield bonds. In the European market, the firm is specialized in the parallel lending market, collaborating with local banks to jointly issue loan bonds. Currently, its global assets under management amount to $37.3 billion (approximately KRW 51.6 trillion). In January, the firm established an official branch in Korea to expand its business in the country.

Korea Investment & Securities expects that this discussion will provide a foundation to further enhance the scalability and competitiveness of its global high-yield bond and alternative investment product lineup. Last year, the company launched the first Muzinich fund and sold about KRW 10.9 billion, and is currently considering the launch of additional Muzinich fund products. The new products are expected to be launched as early as August.

A representative from Korea Investment & Securities said, "Through discussions with Muzinich & Co., which has differentiated competitiveness in the global bond investment market, we will be able to further strengthen the diversity and stability of our global investment portfolio," adding, "We plan to continue expanding cooperation with global asset managers that possess expertise in each field."

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