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Copenhagen Infrastructure Partners Reach Final Close on CI Energy Transition Fund I at the EUR 3 Billion Hard Cap

Copenhagen Infrastructure Partners Reach Final Close on CI Energy Transition Fund I at the EUR 3 Billion Hard Cap

COPENHAGEN, Denmark, Aug. 31 (Korea Bizwire) — Copenhagen Infrastructure Partners (CIP) has reached final close on its new fund, CI Energy Transition Fund I (CI ETF I). The fund was oversubscribed and closed at the hard cap of EUR 3 billion. This makes CI ETF I the largest dedicated clean hydrogen fund globally. CI ETF [...]

S. Korean Hydrogen Council Creates Fund for Hydrogen Industry

S. Korean Hydrogen Council Creates Fund for Hydrogen Industry

SEOUL, July 7 (Korea Bizwire) — The Korea H2 Business Summit, a hydrogen council established primarily by major companies such as Hyundai Motor, SK and POSCO, on Wednesday set up a fund to promote the hydrogen industry. The fund worth 500 billion won (US$383 million) will be established via investments from domestic member companies and [...]

Madison Realty Capital Raises More than $2 Billion for Madison Realty Capital Debt Fund V

Madison Realty Capital Raises More than $2 Billion for Madison Realty Capital Debt Fund V

NEW YORK, Jan. 11 (Korea Bizwire) — Madison Realty Capital (“Madison”) today announced the final close of Madison Realty Capital Debt Fund V LP (“Fund V”), raising $2.08 billion in equity commitments, exceeding the fund’s $1.75 billion target. Fund V received significant support from existing investors as approximately 70% of the institutional LPs in Madison’s [...]

HHIH to Launch 34 bln-won Fund for Digital Health Care and Biotechnology

HHIH to Launch 34 bln-won Fund for Digital Health Care and Biotechnology

SEOUL, Nov. 10 (Korea Bizwire) — Hyundai Heavy Industries Holdings Co. (HHIH), the world’s largest shipbuilding group, said Wednesday it will launch a 34 billion-won (US$28.8 million) fund to support promising startups in the digital health care and bio industries. The fund will help the company advance into the digital health care market and seek [...]

Jeito Capital Becomes a Key Player in the Financing of Life Sciences in Europe with the Closing of Jeito I at €534 Million ($630 Million)

Jeito Capital Becomes a Key Player in the Financing of Life Sciences in Europe with the Closing of Jeito I at €534 Million ($630 Million)

Paris, Sept. 20 (Korea Bizwire) – Jeito Capital, a rapidly growing, new, independent Private Equity firm dedicated to biotech and biopharma, today announced the final closing of its first fund, Jeito I, at €534 million ($630 million), exceeding its original target of €500 million. Jeito I is the largest European fund dedicated to supporting companies in [...]

Samsung Asset’s Metaverse Fund Tops 50 bln Won in Assets

Samsung Asset’s Metaverse Fund Tops 50 bln Won in Assets

SEOUL, Aug. 24 (Korea Bizwire) — Samsung Asset Management Co., South Korea’s top money manager, said Monday that its Samsung Global Metaverse Fund surpassed the 50 billion won mark in assets under management just two months after being released as the ‘metaverse’ emerging as a central theme for investors in the fund market. The fund, [...]

Funders Join Forces to Advance a Global Economy That Works for People and the Planet

Funders Join Forces to Advance a Global Economy That Works for People and the Planet

New York, NY, June 29 (Korea Bizwire) — A new fund to advance fair global economic responses to COVID-19 launched today. The Response and Vision Fund, an initiative of a newly formed donor collaborative – Funders Organized for Rights in the Global Economy (FORGE) - seeks to build the power of workers and communities, strengthen accountability, and advance [...]