Industry
Shinhan Investment Securities, Sierra Investment, Hyundai Commercial to create 50 billion won mobility cooperation fund
Shinhan Investment Securities, Sierra Investment and Hyundai Commercial will create a 50 billion won fund to ease funding difficulties among domestic mobility industry partner companies and improve supply chain stability. Shinhan said it will set up the Shinhan-Sierra Mobility cooperation finance institutional private equity fund on July 14. Shinhan Investment Securities and Sierra Investment will jointly manage the fund and raise capital, while Hyundai Commercial will participate as an investor.
