Mastern Investment Management, an alternative investment asset management firm, has launched its first organizational restructuring and executive appointments since CEO Park Hyungseok took office, signaling a full-scale effort to restore investor trust and establish a foundation for mid- to long-term growth.
On December 24, Mastern Investment Management announced a 2026 organizational restructuring and executive appointments aimed at clearly separating investment and asset management functions, enhancing the execution of global strategies, and strengthening risk management systems. The changes will take effect on January 1 of next year.
The new organizational structure will consist of a total of eight divisions: six core business divisions-Domestic Division 1, Domestic Division 2, Overseas Division, REITs Division, Marketing Division, and Infrastructure Division-as well as two support and management divisions-Business Strategy Division and RM (Risk Management) Division. The restructuring is focused on enhancing the competitiveness of each division.
The existing domestic division has been split into two separate divisions, each specializing in either “investment” or “asset management,” to strengthen the roles and expertise of each function.
Domestic Division 1 will be responsible for attracting investments and securing future growth engines such as deal sourcing, while Domestic Division 2 will oversee stable management and systematic operation of existing assets. A new Fund Management Headquarters will be established within Domestic Division 2 to further enhance asset management capabilities.
Accordingly, Park Kyungbae and Lee Taekyung, both previously Deputy Heads of the Domestic Division, have been appointed as heads of Domestic Division 1 and Domestic Division 2, respectively, and have both been promoted to Executive Vice President.
The Overseas Division has also been reorganized to diversify investment strategies and regions. In addition to the existing two Investment Management Headquarters, a new Strategic Investment Headquarters has been established, laying the groundwork for developing and executing investment strategies spanning all of Asia. Cho Yongmin, Head of the Overseas Division, has been promoted to Executive Vice President in this round of executive appointments.
The REITs Division has been restructured to strengthen the competitiveness of listed REITs and to pursue a growth strategy centered on project REITs. The division now consists of a Listed REITs Headquarters and two Project REITs Headquarters. The Listed REITs Headquarters will strategically reorganize the asset structure of listed REITs, while the Project REITs Headquarters will drive business expansion from development to operation and marketing, aiming to generate tangible business results for the REITs Division.
As part of this restructuring, a new Marketing Division has been established to focus on “restoring investor trust” and “strengthening the global network,” which CEO Park Hyungseok has identified as key priorities. The Marketing Division will be primarily responsible for managing domestic and overseas investor networks and enhancing fundraising capabilities. It will be comprised of the CM Headquarters, Fund Management Office, R&S (Research & Strategy) Office, and Development Management Office.
The support and management organizations have been divided into the Business Strategy Division and the RM (Risk Management) Division, allowing for more sophisticated company-wide strategy and risk control functions.
The Business Strategy Division is an integration of the former Business Division and Strategic Planning Division, and will be led by Executive Vice President Lee Gilui. The RM Division has been newly established by merging the former Compliance Office and Risk Management Office, with plans to strengthen the independence and expertise of risk management functions.
Park Hyungseok, CEO of Mastern Investment Management, stated, “This organizational restructuring is the first step toward restoring trust and achieving a new leap forward for Mastern Investment Management,” adding, “With a structure that clearly defines expertise and responsibility for each division, we aim to become an asset management firm that provides investors with trust and reassurance.”
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