이 기사는 2022년 01월 17일 07:41 thebell 에 표출된 기사입니다.

MBK Partners’ stake sale to New York-based Dyal Capital Partners has put the US investment firm in the spotlight in the South Korean private equity industry.

The Seoul-headquartered private equity firm with a focus on North Asia agreed to sell a roughly 13% stake to Dyal Capital for $1 billion, Bloomberg News reported on January 12.

Dyal Capital specializes in acquiring non-controlling minority stakes in established alternative managers. It returns money to its investors through fee income earned from these investments.

The stake sale will enable MBK Partners to expand its limited partner base globally, and also give the firm access to Dyal Capital’s professional assistance service for its partners – namely the Business Services Platform – which includes marketing support and product development.

Dyal Capital, founded in 2011, is a division of Neuberger Berman. It has minority partnerships with more than 50 private equity firms around the world and managed over $36 billion in assets at the end of 2021.

Neuberger Berman manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutional and individual investors worldwide, with offices in 36 cities across 25 countries. The firm was founded in 1939 and manages $437 billion in total assets under management.

Dyal Capital’s partner firms include Connecticut-based private alternative investment firm Starwood Capital, New York-based real estate firm RXR Realty, technology-specialist private equity firm Silver Lake, San Francisco-based investment firm Sixth Street and British private equity and investment advisory firm CVC Capital Partners. (Reporting by Ha-na Suh)