E&F PE enhances risk management capabilities PE firm hires Yoon Jong-young as new CRO
Translated by Kim So-in 공개 2021-04-28 07:44:34
이 기사는 2021년 04월 28일 07:35 thebell 에 표출된 기사입니다.
E&F Private Equity (E&F PE), a mid-sized South Korean PE firm, has hired a new risk management officer (CRO) to enhance its internal risk and asset management capabilities.E&F PE recently hired Yoon Jong-young, former head of Meritz Securities’ audit division, as its new CRO. Yoon has 15 years of experience in finance and audit. He was in charge of introducing a company-wide internal control system to prevent financial accidents as head of the audit division.
After that, Yoon joined Cenotec, a portfolio company of E&F PE, as a chief financial officer. E&F PE believed Yoon is the right person for its new CRO as he has risk management capabilities and a good understanding of its portfolio company. The PE firm is expected to further strengthen its internal risk management and increase the value of its invested companies through the latest hiring amid rapid growth.
Founded in 2014, E&F PE has focused on buy-out deals for environment and construction materials companies. It has assets under management of 990 billion won ($890 million), investing in 22 companies. Its average internal rate of return stands at 17.2%.
The PE firm was especially active in making investments last year, adding five portfolio companies including Inus, Iconix, Koentec and Saehan Environment, Kolon Environment & Energy, and Samduk. It invested 502 billion won and 217 billion won in Koentec and Saehan Environment and Inus, respectively.
E&F PE plans to raise 500 billion won for its second blind-pool fund this year. It was awarded New Deal mandate by Korea Development Bank (KDB) and Korea Growth Investment Corp (K-Growth) earlier this year.
The PE firm plans to complete the fundraising in the second half and start making investments. E&F PE scouted managers from Mirae Asset Securities and Deloitte Anijn for the fund which will invest 70% in the environment and construction materials industry and 30% in the new sector. (Reporting by Se-hun Jo)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재, 재배포 및 AI학습 이용 금지 >
관련기사
best clicks
최신뉴스 in 전체기사
-
- 하나금융, 자본비율 하락에도 주주환원 강화 의지
- 국민연금, '역대 최대 1.5조' 출자사업 닻 올렸다
- [도전 직면한 하이브 멀티레이블]하이브, 강한 자율성 보장 '양날의 검' 됐나
- [퍼포먼스&스톡]꺾여버린 기세에…포스코홀딩스, '자사주 소각' 카드 재소환
- [퍼포먼스&스톡]LG엔솔 예견된 실적·주가 하락, 비용 절감 '집중'
- [퍼포먼스&스톡]포스코인터, 컨센서스 웃돌았지만 주가는 '주춤'
- 신한금융, ‘리딩금융’ 재탈환에 주주환원 강화 자신감
- 젬백스링크, 포니 자율주행자동차 국내 도입
- 더테크놀로지, 전략 수집 RPG '리버스 삼국' 출시
- [ICTK road to IPO]빅테크 고객사들이 상장 청원한 사연은