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Hana Financial Group to expand investment banking focused on Kosdaq and venture firms

Hana Financial Group said on Tuesday it will expand investment banking supply for Kosdaq companies and growth-stage firms by linking its banking, securities, asset management, capital and venture investment affiliates. It plans to create a venture fund structure under the Hana Modu Growth Project and manage 4 trillion won in venture funds. The group also aims to supply up to 4 trillion won in venture capital by 2028 and is pursuing a 200 billion won private master fund for pre-IPO Kosdaq firms.