Finance
KRX, securities finance and others to raise 1 trillion won secondary fund over three years
Korea Exchange, Korea Securities Finance Corp, Korea Securities Depository and Koscom plan to raise a secondary fund worth about 1 trillion won over the next three years to help vitalise the exit market for venture companies. The four institutions will secure funding through internal resolutions and invest a combined 1 trillion won. The plan is aimed at supporting the government\'s productive finance policy and supplying capital to liquidity-strapped ventures.