Search results for mezzanine
Finance
Public growth fund sales to start on May 22, backing unlisted firms and tech-special Kosdaq listings
South Korea will sell a public-participation growth fund to retail investors from May 22 to June 11, raising 600 billion won and adding 120 billion won in fiscal funding to total 720 billion won. The fund will allocate at least 60 percent to companies in 12 advanced strategic industries. At least 30 percent will go as new funding to unlisted companies and Kosdaq firms listed under a technology-special listing track, with limits on KOSPI exposure.
Finance
Mirae Asset Securities launches second IMA product to expand corporate finance, venture capital investment
Mirae Asset Securities said on March 24 it will launch its second Mirae Asset Investment Management Account (IMA) product. The three-year closed-end product has a minimum subscription of 1 million won and a maximum investment limit of 10 billion won. Sales will run from March 25 to 27 on a first-come, first-served basis for a total of 100 billion won, including 5 billion won seeded by the company. Returns are not fixed at subscription and will depend on performance at maturity.
Finance
KB Securities posts 911.6 billion won operating profit for 2025, up 17 percent
KB Securities said on Feb. 5 it posted 911.6 billion won in operating profit in 2025, with pretax profit of 906.9 billion won and net profit of 682.4 billion won. The figures rose 17 percent, 21 percent and 16 percent, respectively, from a year earlier. The wealth management unit surpassed 200 trillion won in client assets. Investment banking, trading and wholesale businesses also reported steady performance and expanded revenue sources.
