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Three Korean asset managers open subscription for 600 billion-won growth fund

  • Three asset managers began subscription for a national growth investment trust.
  • The offering totals 600 billion won, approximately $441.8 million.
  • The product is structured as a private equity fund-of-funds.

Samsung Asset Management, Mirae Asset Global Investments and KB Asset Management began subscription on the 30th for the Public Participation National Growth Mixed Asset Investment Trust No. 2 (Private Equity Fund-of-Funds). The offering totals 600 billion won, approximately $441.8 million.

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Three Korean asset managers open subscription for 600 billion-won growth fund - CoinPost Terminal