KB Financial Group announced on the 27th plans to launch a 150 billion won fund targeting unicorn companies in advanced technology sectors, aligning with South Korea's three mega-projects and the expanded National Growth Fund policy. The decision was made at the 4th KB Financial Group Productive Finance Council held on the 24th. The initiative represents a strategic shift from traditional balance-sheet evaluation to future-value assessment centered on cutting-edge technology and growth potential across the group's operations.
KB Financial Group Establishes 150 Billion Won Unicorn Fund
KB Financial Group plans to form the 'KB National Growth Unicorn Scale-up Fund' to invest in unicorn companies operating in AI, semiconductors, secondary batteries, aerospace, mobility, robotics, and bio sectors. The 150 billion won fund will be entirely capitalized by KB Financial Group affiliates. KB Securities' PE Growth Investment Division, which possesses capabilities in discovering and scaling advanced strategic industry companies, will manage fund operations.
KB Securities PE Division to Manage Fund Operations
Through the 'KB National Growth Unicorn Scale-up Fund', KB Financial Group intends to link policy financing from the National Growth Fund with the group's proprietary investment capabilities to expand capital supply across different growth stages of innovative companies. The group aims to strengthen its investment framework for discovering and nurturing unicorn companies at the organizational level.
FAQ
What is the KB National Growth Unicorn Scale-up Fund?
The KB National Growth Unicorn Scale-up Fund is a 150 billion won investment vehicle announced by KB Financial Group on the 27th, designed to invest in unicorn companies in AI, semiconductors, secondary batteries, aerospace, mobility, robotics, and bio sectors.
Who will manage the KB Financial Group unicorn fund?
KB Securities' PE Growth Investment Division will manage the fund operations, leveraging its experience in discovering and scaling companies in advanced strategic industries.