Samcheonri Investment Prepares to Expand Investments by Increasing Screening Officers

Executive Director Kim Cheolsu, Experienced in NH Venture Investment, Joins
Synergy Expected with CEO Lee Jangwon, Senior and Junior from Sogang University

Samchully Investment, a corporate venture capital (CVC) led by a Samchully Group affiliate, has secured personnel with venture capital (VC) experience. The company plans to continue expanding its professional staff to strengthen the capabilities of its investment team.

According to the investment banking (IB) industry, Samchully Investment recently assigned Executive Director Kim Cheolsu to the investment team. Director Kim graduated from Sogang University with a degree in Business Administration and has accumulated diverse experience in display advertising, brand marketing, and procurement at IBM Korea, Naver, LG Household & Health Care, and Hyundai Steel. He was also a co-founder of BankSalad. Subsequently, he worked as a venture capitalist at Hanwha Investment, PathfinderH, and NH Venture Investment.

The head of the recently established Samchully Investment is CEO Lee Jangwon, a founding member of SV Investment. He graduated from Sogang University with a degree in Business Administration and has worked at Long-Term Credit Bank and Korea Citibank before serving as CEO of SV Investment. Director Kim, who recently joined, is a senior or junior alumnus of Sogang University’s Business Administration department. Given their diverse backgrounds, they are expected to create synergy.

Previously, Samchully Investment has been actively recruiting investment screening officers, primarily targeting those with experience in venture capital or corporate venture capital (CVC). Attention is focused on whether additional venture capital professionals will join following CEO Lee and Executive Director Kim.

Although the parent company, Samchully Group, operates businesses related to energy such as gas, there had been speculation that investments might focus on the energy sector. However, Samchully Investment plans to invest across various sectors without limiting itself to energy.

The company has decided to establish itself as a New Technology Business Financial Company (Shingisa) rather than a typical venture capital company (Changtu). Generally, Changtu companies fall under the Ministry of SMEs and Startups, while Shingisa companies are under the Financial Services Commission, with different regulatory authorities. The establishment capital also differs: 2 billion KRW for Changtu and 10 billion KRW for Shingisa. Samchully Investment’s capital is 30 billion KRW.

In particular, Shingisa has the advantage of a broader investment scope compared to Changtu. Additionally, Shingisa can form various types of funds, such as new technology investment associations and venture investment associations. Although initial costs are relatively higher, this allows for greater flexibility. There is keen interest in fund formation and maiden investments.