Mastern Investment Management, an asset manager specializing in alternative investments, is moving in earnest to bring in a "strategic No. 2 shareholder" to strengthen its mid- to long-term competitiveness.
Mastern Investment Management said on the 27th, "We are pursuing investment attraction in the form of a strategic partnership to build a foundation for long-term growth together, not a sale premised on a transfer of management control."
Mastern Investment Management explained, "Through this recruitment of a No. 2 shareholder, we will further solidify our core business foundation—advancing management capabilities, strengthening the investment review and risk management framework, and expanding our global network—and establish a stable and sustainable growth system."
In particular, the company intends to use this process not as a simple capital raise but as an opportunity to strengthen a co-growth partnership with key limited partners (LPs).
The company explained, "We plan to continue to solidify trust through close communication and transparent information sharing with LPs, while pursuing stability and profitability in a balanced manner," adding, "This strategic investment attraction is a step to institutionally reinforce this co-growth structure by one level."