Korea Development Bank and Korea Growth Investment Corp. announced Monday they have selected seven firms as delegated managers for the second round of 2026 policy sub-funds under the National Growth Fund's indirect investment segment.
The policy fund is designed to strengthen the global competitiveness of advanced strategic industries and support the venture and innovation ecosystem. The second manager selection round — covering 1.6 trillion won ($1.06 billion) across seven firms — drew a competition ratio of 9.3 to 1.
The seven selected firms are Dominus Equity Partners, Woori Venture Partners, Korea Investment Partners, Stic Investments, SL Investment, SBI Investment, and KB Securities-Ecopro Partners.
The newly selected sub-fund managers are expected to complete fund formation by year-end and move quickly to deploy capital, with the aim of bolstering the competitiveness of domestic advanced strategic industries, revitalizing the Kosdaq market, and driving the growth of innovative regional companies.
The National Growth Fund's indirect investment policy fund has a total size of 5.85 trillion won and was established to secure global competitiveness in advanced strategic industries and support the venture and innovation ecosystem.
Korea Development Bank said the process completes its investment foundation for advanced strategic industries. "We will do our utmost to ensure that policy finance serves as a catalyst to channel private capital into advanced strategic industries and deploy it swiftly to innovative companies," the bank said.
hyuk@heraldcorp.com
