Investors with deep pockets seek refuge in GDP Capital’s PE-BOND Fund amidst turbulent markets KUALA LUMPUR, Malaysia, Jan. 09, 2024 (Korea Bizwire) — The COVID-19 pandemic has unleashed unprecedented economic turmoil, resulting in contracting markets and dwindling returns worldwide. Private Equity and other investment sectors find themselves navigating an exceptionally challenging and unpredictable landscape. [...]
SEOUL, Apr. 30 (Korea Bizwire) — CJ Foodville, the restaurant arm of food and entertainment conglomerate CJ, said Tuesday that it has decided to sell its coffee chain operator to a foreign private equity fund (PEF) for some 200 billion won (US$171 million) to improve its financial footing. The company’s board of directors approved a [...]
SEOUL, Sept. 27 (Korea Bizwire) — The financial regulator said Thursday it will ease some rules on local private equity funds, with the aim of removing outdated restrictions on the industry and spurring competition with foreign rivals. Under the move, the Financial Services Commission (FSC) said it will allow local private equity funds to have [...]
SEOUL, March 8 (Korea Bizwire) – Asset management firms in South Korea reaped record profits last year, as investors poured money into private equity funds amid low interest rates, data showed Wednesday Assets controlled by 165 management companies reached 907 trillion won (US$788 billion) as of the end of 2016, up 10.8 percent from the [...]
SEOUL, June 2 (Korea Bizwire) – “The consumer market in Korea is high developed, so I believe Korea’s services sector is the most promising,” stated Stefan Zuschke, the president of BC Partners. “If I invested in a Korean business, I would invest in one of Korea’s IT corporations,” claimed VSS executive director Christopher Russell. And [...]