MBK Partners recoups record $3.3b from investments
By Korea HeraldPublished : July 11, 2016 - 15:53
[THE INVESTOR] MBK Partners has recouped a record amount from its investments over the past two years since July 2014, industry sources said Sunday.
Since June 2014, MBK Partners -- South Korea’s largest private equity firm -- managed to recoup $3.3 billion by selling equity and driving up dividends from its past investments.
If returns from other projects MBK has invested in are included -- such as with South Korea’s National Pension Fund, Singapore’s Temasek Holdings and the Canada Pension Plan -- the local private equity firm’s returns stand at over $4.2 billion.
Some of the key high-return investments MBK has made in Korea include Dongwon Techpack Solution and HK Savings Bank. In Japan, it invested in Universal Studios Japan and Komeda Coffee. In China, it sold its equity in Golden State Environment Group, a water maintenance and treatment firm, for a profit.
This year, MBK Partners is set to attract investments of up to $3 billion for a separate fund.
By Kim Ji-hyun (jemmie@heraldcorp.com)
Since June 2014, MBK Partners -- South Korea’s largest private equity firm -- managed to recoup $3.3 billion by selling equity and driving up dividends from its past investments.
If returns from other projects MBK has invested in are included -- such as with South Korea’s National Pension Fund, Singapore’s Temasek Holdings and the Canada Pension Plan -- the local private equity firm’s returns stand at over $4.2 billion.
Some of the key high-return investments MBK has made in Korea include Dongwon Techpack Solution and HK Savings Bank. In Japan, it invested in Universal Studios Japan and Komeda Coffee. In China, it sold its equity in Golden State Environment Group, a water maintenance and treatment firm, for a profit.
This year, MBK Partners is set to attract investments of up to $3 billion for a separate fund.
By Kim Ji-hyun (jemmie@heraldcorp.com)
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Articles by Korea Herald