Credit and Growth Capital Units Elevated to Divisions... Stick Investment Restructures Organization

Establishing a Balanced Three-Division Management Structure Alongside PE

Stick Investment has elevated its Growth Capital and Credit business units from headquarters to divisions. By raising them to the same division level as Private Equity (PE), the company aims to pursue balanced growth across its three management divisions.

On January 2, Stick Investment announced that it had carried out this organizational restructuring. With the elevation of the Credit Headquarters and Growth Capital Headquarters to divisions, Lee Kyunghyung, Head of Growth Capital Headquarters, and Kang Ilseong, Head of Credit Headquarters, will each assume the role of division head. In addition, Cho Youngmin, Executive Director of the Growth Capital Headquarters, has been promoted to partner of the Growth Capital Division.

A representative from Stick Investment stated, "We expanded and reorganized the Credit business unit into a division to meet the needs of limited partners (LPs) seeking stable investments, to strengthen the internal structure of the Credit organization, and to further enhance our credit investment capabilities." The company also explained, "By leveraging our 20-year track record of expertise in Growth Capital, we are proactively responding to funding for the National Growth Fund and have elevated the unit to a division to further strengthen future Growth Capital investments."

Meanwhile, Stick Ventures has promoted Bora Jeong, Executive Director of the Investment Headquarters, to Chief Investment Officer (CIO) and Senior Managing Director. CIO Jeong has been a founding member since joining Stick Investment in 2017 and participating in the spin-off of Stick Ventures in 2018. The company plans to further strengthen the role of the CIO going forward.