The Export-Import Bank of Korea selected four blind fund managers to support small and midsize companies' overseas expansion.
According to the investment banking (IB) industry on the 2nd, the Export-Import Bank selected four "second-half 2025 fund managers for small and midsize companies' overseas expansion" that day. In the large-cap category, bnw Investment and Eum Private Equity (PE) were chosen, and in the small- and mid-cap category, No & Partners and Wonik Investment Partners were picked.
In this commitment program, the Export-Import Bank will commit a total of 200 billion won. It will allocate 70 billion won each, or 140 billion won in total, to the two managers selected in the large-cap category, and 30 billion won each, or 60 billion won in total, to the two managers selected in the small- and mid-cap category.
The minimum fund size must be at least five times the Export-Import Bank's commitment. The large-cap fund must raise 350 billion won, and the small- and mid-cap fund must raise 150 billion won. The final target is 1 trillion won.
If a fund invests in corporations located outside the greater Seoul area, or if a portfolio company transfers its headquarters to a non-capital region, the Export-Import Bank plans to pay part of the revenue attributable to the bank to the manager as an incentive.
Managers must invest at least twice the Export-Import Bank's commitment amount to support the global expansion of domestic small and midsize companies, including exports and overseas investments. The managers' own commitment ratio must be at least 1% of the fund size.
The deadline to establish the fund is within six months from the selection date. If unavoidable, the establishment deadline may be extended by up to two months through consultation with the Export-Import Bank.