This article was displayed on the ChosunBiz MoneyMove (MM) site at 9:19 a.m. on Feb. 13, 2026.
Executive managing director Park Eun-su, credited as the key figure behind the formation of Korea's largest venture capital fund valued at 860 billion won, is leaving Atinum Investment. Park, who joined in 1997, is departing after 29 years and recently informed major limited partners (LPs) and other stakeholders of the resignation. Observers say Atinum Investment is entering a transition period.
According to the investment banking (IB) industry on the 13th, Park recently sent a resignation message to major LPs—including pension funds and mutual aid associations—that invested in Atinum Investment's venture fund "Atinum Growth Partnership 2023," saying, "I am leaving the Atinum Investment I grew attached to and plan to take some time to recharge for the time being."
Park added, "I extend my deep gratitude to the LPs who have trusted and consistently supported Atinum Investment over a long period," and said, "I want to reflect on the time I spent (working at Atinum Investment) and prepare for the road ahead."
Park, a first-class public recruit at Atinum Investment (then Hanmi Venture Capital), is regarded as a representative one-club man in the domestic VC industry. Joining in 1997, Park worked for 29 years. Starting with early-stage fund operations and administration, Park handled mid- and back-office functions including post-investment portfolio management, risk management, and compliance.
Park is particularly credited with introducing to the domestic VC industry the concept of RM (Relationship Management), which oversees and manages relationships with LPs. By bringing in new LPs that had not previously committed to venture partnerships, Park led the formation in 2023 of the country's largest venture investment fund, totaling 860 billion won.
Park is said to have decided to resign early this year and has been discussing it with the company. Before the company fully launches new fundraising following Atinum Growth Partnership 2023 this year, Park reportedly determined it was necessary to add new personnel and decided to step down. Park is expected to leave in March.
Atinum Investment has begun restructuring its management, including shifting to a three-CEO system this year. The company decided to finalize the appointment of President Maeng Doo-jin, head of deep-tech investments and a Ph.D. in engineering who previously worked at Samsung Electronics' Advanced Institute of Technology, as a new CEO after the regular shareholders meeting in March.
The company will shift from a dual CEO system of Shin Gi-chun and Lee Seung-yong to a three-CEO system of Shin Gi-chun, Lee Seung-yong, and Maeng Doo-jin, with new CEO Maeng, a former investment professional, expected to oversee new deal sourcing and fundraising. Lee is expected to focus on expanding the company's external footprint, including identifying overseas investments.
Atinum Investment also set the expansion of overseas fundraising as a mid- to long-term goal this year and hired RM personnel for overseas LPs. Atinum Investment said, "It is true that Executive Managing Director Park Eun-su has decided to resign," adding, "We preemptively recruited overseas LP RM personnel and are currently proceeding with follow-up hiring."