Korean private equity steps in to help heirless tycoons
It's not raining men in Korea, but private equity financiers can step in to help when a family bloodline looks like faltering due to a lack of a male heir.
For private companies owned by families, the absence of a male offspring to inherit the dynasty is a problem. However, this is an area where private equity can enter and take a stake in a company where the succession lineage has no obvious candidate to step into daddy’s shoes.
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