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Korea seen as place to be for PE

Long considered one of Asia’s more difficult markets for private equity firms, Korea has seen a series of big deals this year that bode well for its future as an investment destination.
Korea seen as place to be for PE
A spate of bumper deals has seen South Korea emerge as a success story for private equity this year and a destination of choice for investors in Asia. And there a large number of projects in the pipeline, sources told AsianInvestor. Obtaining funding for PE deals has become tougher due to higher bank lending costs, but on the plus side government policies have been pushing Korean conglomerates, or chaebol, to sell domestic assets. The PE industry started the year strongly, notch…
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