The Kukmin Growth Fund’s fiscal fund-of-funds GP selection has narrowed to four experienced asset managers, with Mirae Asset Global Investments eliminated due to lack of venture fund-of-funds experience; Korea Development Bank is set to finalize appointments and launch sub-funds within the year.
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Kukmin Growth Fund Fiscal Fund-of-Funds Narrows to Four Finalists—Mirae Asset Fails to Advance Due to Lack of Experience
The Kukmin Growth Fund’s fiscal fund-of-funds GP selection has narrowed to four experienced asset managers, with Mirae Asset Global Investments eliminated due to lack of venture fund-of-funds experience; Korea Development Bank is set to finalize appointments and launch sub-funds within the year.
PharmAbcine Inc., facing potential delisting, has invested KRW 10 billion ($7.6 million) to establish Symbance, aiming to enter the venture investment sector by securing a New Technology Business Finance Company license, though regulatory disclosure remains pending.
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'Delisting Threat' PharmAbcine Invests KRW 10 Billion to Establish 'Symbance'—Strategic Move into Venture Investment
PharmAbcine Inc., facing potential delisting, has invested KRW 10 billion ($7.6 million) to establish Symbance, aiming to enter the venture investment sector by securing a New Technology Business Finance Company license, though regulatory disclosure remains pending.
Korea Development Bank Chairman Park Sang-jin announced that demand for the National Growth Fund has surpassed 150 trillion won ($113 billion), with KDB focusing on selective project support and plans to expand venture and post-IPO investments to drive South Korea's future growth.
#YonhapInfomax #KoreaDevelopmentBank #NationalGrowthFund #ProductiveFinance #VentureInvestment #150TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99584
KDB Chairman Says Demand for National Growth Fund Tops 150 Trillion Won—Focus on Selective Project Support
Korea Development Bank Chairman Park Sang-jin announced that demand for the National Growth Fund has surpassed 150 trillion won ($113 billion), with KDB focusing on selective project support and plans to expand venture and post-IPO investments to drive South Korea's future growth.
KIC Reviews Venture Investment Opportunities in Silicon Valley—Focus on AI Innovation Firms
Korea Investment Corporation (KIC) assessed venture investment trends and opportunities in Silicon Valley, highlighting AI-driven innovation and M&A strategies at a major industry event.
Mirae Asset Venture Investment shares more than doubled on SpaceX IPO speculation, but analysis shows Mirae Asset Securities is the main beneficiary of the group’s SpaceX stake, with group-wide gains expected if SpaceX lists at a higher valuation.
#YonhapInfomax #MiraeAssetSecurities #SpaceX #IPO #VentureInvestment #ValuationGains #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96750
Mirae Asset Venture Shares Double—But the Real SpaceX Dealmaker Lies Elsewhere
Mirae Asset Venture Investment shares more than doubled on SpaceX IPO speculation, but analysis shows Mirae Asset Securities is the main beneficiary of the group’s SpaceX stake, with group-wide gains expected if SpaceX lists at a higher valuation.
President Lee Jae-myung emphasized that South Korea's capitalist system requires balanced power, urging government intervention to address polarization and support collective action among SMEs.
#YonhapInfomax #PresidentLee #Capitalism #SMEs #FairTradeAct #VentureInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95930
President Lee - 'Capitalism Functions When Power Is Balanced—Government Must Ensure Equilibrium'
President Lee Jae-myung emphasized that South Korea's capitalist system requires balanced power, urging government intervention to address polarization and support collective action among SMEs.
Mirae Asset leads South Korea’s push into tokenized securities, aiming to open private venture investment—including in firms like Perplexity and SpaceX—to retail investors as regulatory reforms accelerate digital asset adoption.
#YonhapInfomax #TokenSecurities #MiraeAsset #VentureInvestment #Tokenization #DigitalAssets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95236
Will Token Securities Break the 'Closed League'—Opening Investment Paths to Perplexity and SpaceX?
Mirae Asset leads South Korea’s push into tokenized securities, aiming to open private venture investment—including in firms like Perplexity and SpaceX—to retail investors as regulatory reforms accelerate digital asset adoption.
GS Futures CEO Huh Tae-hong, a fourth-generation GS Group owner, has been promoted to Executive Vice President, highlighting the conglomerate’s push to secure future growth by expanding US venture investments and integrating new technologies across affiliates.
#YonhapInfomax #GSFutures #VentureInvestment #HuhTaeHong #BatteryTechnology #ExecutivePromotion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=92976
GS Futures CEO Huh Tae-hong, Fourth-Generation Owner, Promoted to Executive Vice President—New Business Challenges Beyond US Venture Investments
GS Futures CEO Huh Tae-hong, a fourth-generation GS Group owner, has been promoted to Executive Vice President, highlighting the conglomerate’s push to secure future growth by expanding US venture investments and integrating new technologies across affiliates.
South Korea’s Korea Venture Investment Corp. is advancing talks with the Asian Development Bank to expand its K-FoF model globally, aiming to boost venture investment and support Korean startups’ overseas expansion, as Asian nations seek to benchmark the successful fund-of-funds structure.
#YonhapInfomax #KFoF #KoreaVentureInvestmentCorp #AsianDevelopmentBank #VentureInvestment #SoutheastAsiaExpansion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=92709
K-FoF Goes Global – Korea Venture Investment Eyes Collaboration with ADB
South Korea’s Korea Venture Investment Corp. is advancing talks with the Asian Development Bank to expand its K-FoF model globally, aiming to boost venture investment and support Korean startups’ overseas expansion, as Asian nations seek to benchmark the successful fund-of-funds structure.
'IT Authentication and Security' RaonSecure Launches Venture Investment Arm—RaonVentures Established
RaonSecure, a KOSDAQ-listed IT security firm, has launched RaonVentures to boost investments in IT, AI, and Web 3.0 startups, expanding its influence in the tech sector.
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