The person with the most assets among domestic wealthy individuals is Kim Byung-joo, chairman of MBK Partners. Chairman Kim has maintained the top position in the country for several years. Notably, Chairman Kim's global wealthy ranking has risen 27 places in a month. While other wealthy individuals...
This article was published on April 8, 2025 at 10:56 a.m. on the ChosunBiz MoneyMove site. It has been confirmed that the interest rate applied by Meritz Financial Group for the refinancing of its acquisition financing for Homeplus last year was 14%. The rate that was known in the market was around ...
This article was posted on the ChosunBiz MoneyMove site on April 7, 2025, at 4:26 p.m. Former President Yoon Suk-yeol's dismissal last week has drawn the attention of the investment banking (IB) industry to the positions of heads of major pension funds. Some pension fund chairpersons tend to be appo...
This article was published on the ChosunBiz MoneyMove site at 9:02 a.m. on April 4, 2025. The private equity fund operator VIG Partners is approaching the final stages of its acquisition of a minority stake in Kakao Mobility. Multiple institutions have agreed to provide acquisition financing, and th...
The delegates meeting to select the new Chief Investment Officer (CIO) of Public Officials Benefit Association(POBA), which manages 27 trillion won, will be held on the 22nd. It will be a contest between Huh Jang, the former CIO whose term ended in February, and Lee Do-yoon, the former CIO of the Ye...
This article was published on April 2, 2025, at 4:46 p.m. on the ChosunBiz MoneyMove site. Aekyung Group, ranked 62nd in business circles, noted it is reviewing the sale of Aekyung Industrial. Aekyung Industrial, which started in 1954 as Aekyung Yujigongyeop, is the parent company of Aekyung Group a...
In June last year, the enforcement decree of the Aviation Business Act was revised, paving the way for domestic small airlines to operate with guaranteed revenue. The upper limit of the number of seats for small airlines, which was only 50 seats, has been increased to 80 seats. This allows them to c...
This article was published on April 1, 2025, at 1:08 p.m. on the ChosunBiz MoneyMove site. With Hanwha Energy, fully owned by the Hanwha brothers, preparing for its listing, securities firms that participated in the selection of lead managers have generally estimated the corporate value at around 4 ...
Domestic private equity fund operator Orchestra Private Equity will sell KFC Korea. It has been two years since acquiring management rights. The hoped-for sale price is said to be around 300 billion to 400 billion won. On the 1st, according to the investment banking (IB) industry, Orchestra PE has r...
Korea’s largest private equity fund (PEF) management firm Hahn & Company announced on the 31st that it had finalized the acquisition of an 85% equity stake in SK Specialty from SK Group for approximately 2.6 trillion won. This comes about three months after a stock purchase agreement (SPA) was s...
