2020.08.08(토)

전체기사

NH PE invests in Vietnam’s Vingroup A Korean PE house is set to buy a minority stake in Vingroup via SK Investment Vina II

Translated by Ryu Ho-joung 공개 2019-12-30 08:00:00

이 기사는 2019년 12월 30일 08:00 더벨 유료페이지에 표출된 기사입니다.

The private equity unit of South Korea’s NH Investment & Securities (NH PE) plans to make an investment in Vietnam’s largest conglomerate Vingroup.

NH PE is set to acquire a three percent stake in SK Investment Vina II Pte Ltd., which is South Korean conglomerate SK Group’s overseas subsidiary formed to invest in Vingroup, for about 36 billion won ($31 million), sources familiar with the matter said on December 23. The investment will be funded through a $192 million co-investment fund that NH PE created with Korea Post about a year ago.

The investment decision came right after SKS Private Equity and Stonebridge Capital — co-general partners (co-GPs) of a $1 billion Corporate Partnership Fund that SK Group recently formed in partnership with the National Pension Service (NPS) — bought back part of the stake in SK Investment Vina II. SK Group and the NPS each contributed 50 percent of the committed capital of the fund.

This marks the first overseas investment made by NH PE, which is different from its previous moves. The private equity unit, under the influence of NH Investment & Securities, has so far focused on deal-making within the local market. Going forward, however, NH PE is likely to put efforts to source deals in the Southeast Asian region including Vietnam.

NH PE is considered more independent in investment decision-making, with the unit being under the immediate control of the CEO. In 2019, NH PE has raised a total of nearly one trillion won ($862 million) for its funds, including a $195 million blind-pool fund that the private equity house first launched on its own. NH PE plans to boost its assets under management to two trillion won ($1.7 billion) by 2020.

“NH PE, which belongs to brokerage house [NH Investment & Securities], has tended to focus on deals in the domestic market,” an industry insider said. “With nearly one trillion won of dry power on hand, NH PE first chose to invest in an overseas company. This could imply that NH PE will make more aggressive moves in the future.”

(By reporters Choi Ik-hwan and Kim Hye-ran)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재 및 재배포 금지 >

더벨 서비스 문의

02-724-4104

유료 서비스 안내
(주)더벨
주소서울특별시 중구 무교로 6 (을지로 1가) 금세기빌딩 5층대표/발행인성화용편집인이진우등록번호서울아00483등록년월일2007.12.27 / 제호 : 더벨(thebell)
발행년월일2007.12.30청소년보호관리책임자이현중
문의TEL : 02-724-4100 / FAX : 02-724-4109서비스 문의 및 PC 초기화TEL : 02-724-4103기술 및 장애문의TEL : 02-724-4159

더벨의 모든 기사(콘텐트)는 저작권법의 보호를 받으며, 무단 전재 및 복사와 배포 등을 금지합니다.

copyright ⓒ thebell all rights reserved.