Military Mutual Aid Association Selects 18 Blind Fund Managers for 200 Billion KRW

The Military Mutual Aid Association has selected a total of 18 domestic blind fund management companies and will entrust funds worth 200 billion KRW.

According to the Military Mutual Aid Association on the 1st, to enhance profits and secure new investment opportunities, it selected 18 domestic blind fund management companies as of 2022 and resolved to invest a total of 200 billion KRW on this day. The entrusted management scale is 120 billion KRW in the PE sector and 80 billion KRW in the VC sector.

Lee Sang-hee, Director (CIO) of the Financial Investment Division, said, “We carefully selected capable management companies by evaluating not only their performance but also their management strategies and processes from multiple perspectives,” adding, “We will do our best to achieve target returns and manage members’ assets stably through this blind fund investment.”

Previously, the Military Mutual Aid Association received proposals from November last year to select domestic PE and VC blind fund management companies, and finalized the management companies through presentations (PT), evaluation committees, and due diligence by February this year.

A total of 18 companies were finally selected as entrusted management companies.

In the PE sector, the selected companies are ▲Daol PE ▲Lindeman Asia Investment ▲Skylake Equity Partners ▲Stick Investment ▲Aju IB Investment ▲Keystone Partners ▲IMM Investment ▲SG PE ▲UCK Partners.

In the VC sector, the companies are ▲Daol Investment ▲Daekyo Investment ▲Murex Partners ▲Shinhan Venture Investment ▲Atinum Investment ▲BNH Investment ▲KB Investment ▲LB Investment ▲SV Investment.