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World’s Prestigious Venture Capitalists to Create a $150 Mil. Korea Fund

World’s Prestigious Venture Capitalists to Create a $150 Mil. Korea Fund

SEOUL, Sep. 19 (Korea Bizwire) – The Small and Medium Business Administration said on September 17 that it signed an agreement in San Francisco with Draper Fisher Jurvetson Venture and Walden International to create a US$150-million “Korea Fund” for start-up investment. An SMBA official said, “This is the first time for Silicon Valley’s top 5-percent venture capitalists to create an [...]

$5.5 Tril. Global Investment Consultation Body “CROSAPF” to Set Sail

$5.5 Tril. Global Investment Consultation Body “CROSAPF” to Set Sail

SEOUL, Sep. 7 (Korea Bizwire) – A government-led investment consultative group called the “Co-investment Roundtable of Sovereign and Pension Funds” (CROSAPF) that encompasses sovereign wealth funds, pension fund firms, and global public funds will be formed soon. Hosted by Korea Investment Corporation, a sovereign wealth fund, and sponsored by Korea EximBank, CROSAPF is Korea’s first global-level [...]