IBK Industrial Bank to Provide 170 Billion Won in Venture Capital to SMEs and Mid-Sized Companies

Joint Formation of "IBK-Kiwoom SME·Mid-Sized Jump-Up Private Equity Limited Partnership" with Kiwoom PE
Focused Investments in Future Growth Engines Such as Manufacturing, Eco-Friendly Industries, and Digital Transformation

IBK Industrial Bank announced on November 6 that it had completed the formation of the private equity fund "IBK-Kiwoom SME·Mid-Sized Jump-Up Private Equity Limited Partnership" with Kiwoom Private Equity (hereinafter referred to as Kiwoom PE) on October 22, and will provide a total of 170 billion won in venture capital.

IBK Industrial Bank contributed 75 billion won to this fund, which will be jointly managed with Kiwoom PE in a blind pool format. The investment period will run from October 2025 to October 2030. The bank plans to focus its investments on future growth engines such as manufacturing, eco-friendly industries, and digital transformation, targeting small and medium-sized enterprises (SMEs) and mid-sized companies with technological capabilities and growth potential.

An IBK Industrial Bank official stated, "This venture capital is not focused on short-term results, but is intended to support the sustainable growth of SMEs and mid-sized companies," adding, "We will continue to expand venture capital to contribute to the activation of productive finance."

Meanwhile, in 2022, IBK Industrial Bank and Kiwoom PE established the "IBK-Kiwoom Business Restructuring Private Equity Limited Partnership," supplying approximately 130 billion won in venture capital to a total of 12 SMEs, including Hallacast and Standard Energy.

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