S Korea’s IMM PE said to make first close of latest RoseGold fund at $510m

S Korea’s IMM PE said to make first close of latest RoseGold fund at $510m

Seoul, South Korea. Photo by Sunyu Kim on Unsplash

IMM Private Equity, a major player in South Korea’s PE space, has raised 700 billion won (about $510 million) in the first close of its fifth fund in the RoseGold series, according to a Private Equity International (PEI) report.

IMM Private Equity seeks to raise about $2.1 billion for IMM RoseGold V, which will continue to invest in conglomerates and mid-cap companies in the sectors of consumers, retails, industrials, TMT, and financial services.

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