This article was published on Nov. 10, 2025, at 4:58 p.m. on the ChosunBiz MoneyMove site.
STIC Investments credit division (hereinafter STIC Credit) is about to complete the first blind fund formation. It plans to finish with just over 400 billion won.
On the 10th, according to the investment banking (IB) industry, STIC Credit is raising its first blind fund and has gathered about 410 billion won so far. On that day, securities firms, central associations and capital companies agreed to commit a total of 44.2 billion won.
STIC Credit has been raising the blind fund 'STIC Hybrid Credit' since July of last year, and completed the first closing in June this year at a scale of 343.3 billion won. STIC Hybrid Credit is composed of three funds: two blind funds and one sidecar fund (an auxiliary fund operated alongside a main fund).
The final raised amount is known to be in the low 400 billion won range. It plans to receive additional capital commitments by the end of November and close the fund.
STIC Credit's first blind fund is reported to have already deployed more than 100 billion won. It invested about 60 billion won in contact lens maker Interojo, becoming the second-largest shareholder, and invested 30 billion won in Kolon TissueGene in the form of convertible bonds (CBs). It plans to invest about 100 billion won in waste treatment company Eco Solution, of which about 20 billion won will be borne by the blind fund.