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Korean LPs choosier about private equity

Traditional private equity investors in the country are growing more reluctant to invest in the asset class, says Kim Soomin of Japan’s Unison Capital, which in June closed its first Korea fund.
Korean LPs choosier about private equity
As Korea's traditional private equity investors face growing challenges and invest less in the asset class at home, small domestic companies are increasingly looking overseas for funding after years of government support. “These suppliers have good product, leading technology. They can’t market themselves, however. They’re poorly managed. There are giant companies outside of Korea that would be happy to work with them,” Kim Soomin of Japan’s Unison Capital told AsianInvestor. Su…
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