PE (PEF)
Private
Equity
Fund
In the wake of outflow of national wealth to the foreign investment capitals that acquired healthy domestic enterprises at bargain prices in the aftermath of so called Korea's IMF crisis, the amendment to the Indirect Investment Asset Management Act was passed in 2004 to foster the growth of domestic capitals by allowing investors to establish private equity investment firms. Within just 10 years, PEF's in Korea now boast capital commitmet over KRW 43 trillion.
PEF's are now the big players in Korean capital market, but with the growth, the government agency has also become more sophisticated in monitoring compliance and enforcement of the restrictions under the Financial Investment Services and Capital Markets Act and other regulations. This is why a counsel with deep understanding of this area is a must have, not an option anymore.
We are ready to provide complete one-stop services for PEF transacti-ons including drafting PEF investm-ent structure proposals, financing and establishing PEF’s, completing PEF registrations with the Financial Services Commission, conducting due diligence on investment targe-ts, financing for acquisitions, and executing investment agreements.