India-focused venture capital and private equity show resilience amid soft global market BANGALORE, India, Sept. 25, 2024 (Korea Bizwire) – Preqin, the global leader in alternative assets data, tools, and insights, recently published its Preqin Territory Guide: Private Capital in India 2024 report. It covers private capital* growth in India, assets under management (AUM), deals volume and value, [...]
SEOUL, Aug. 9 (Korea Bizwire) — Another homegrown equity fund renowned for its failed attempt to take over the holding company of the country’s largest airline last year has joined a consortium to acquire SsangYong Motor Co., the consortium said Monday. The Korea Corporate Governance Improvement (KCGI) fund came aboard the consortium that Edison Motors [...]
SEOUL, Oct. 14 (Korea Bizwire) — While the private equity (PE) market has grown at a fast pace since deregulation in 2015, a number of problems have been exposed. According to Korea Financial Investment Association on Sunday, private equity funds (PEFs) are valued at 394.95 trillion won (US$333.2 billion), an all-time record. This year alone, [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korean retail giant Shinsegae Inc. said Friday it has signed an initial agreement with a foreign investment firm and a private equity firm to strengthen its e-commerce business amid a rapid expansion of the country’s online market. Shinsegae said it will hive off the online business divisions of [...]
SEOUL, May 10 (Korea Bizwire) – Transactions by South Korea’s private equity firms slipped 30.4 percent on year in 2016 amid a lack of mega buyout deals, government data showed Tuesday. Local private equity groups invested a total of 8.9 trillion won (US$7.8 billion) last year, compared with deals worth 12.8 trillion won in 2016, [...]
SEOUL, Nov. 24 (Korea Bizwire) — U.S. private equity investor Lone Star Funds, which withdrew from Korea with a handsome profit of 4.6 trillion won (US$4.14 billion) after selling the controlling stake in Korea Exchange Bank, has won a lawsuit with the Korean court to ask for a refund for taxes withheld at the time of the [...]
SEOUL, Korea, Mar 19 (Korea Bizwire) – Private equity firms around the world are adapting to a “new fundraising road map”, according to the latest Global Private Equity Report from Grant Thornton LLP. Now in its third year, the report is the result of 156 in-depth interviews with senior private equity practitioners in Canada and [...]