- Practice Areas
- Finance/Investment
- Capital Markets and Financial Investment Services (Financial Investment Trading/Investment Brokerage/Trust/Collective Investment/Private Equity Fund)
Capital Markets and Financial Investment Services (Financial Investment Trading/Investment Brokerage/Trust/Collective Investment/Private Equity Fund)
- Practice Areas Introduction
Since private equity fund (PEF) was introduced in Korea in December 2004 with the Indirect Investment Asset Management Business Act taking effect, PEF, which is governed by the Financial Investment Services and Capital Markets Act and the Industrial Development Act, has been the most widely used means of M&A and corporate restructuring because of the convenience and flexibility it provides in fundraising, investment, management, and revenue allocation. Additionally, the PEF for corporate restructuring, which was introduced in March, 2010 ,has broadened the range of PEF utilization by allowing investment in NPL or fixed assets in the form of PEF.
Hankyul has provided legal services for the formation, registration, and management of a variety of PEF since its introduction, and has strengthened its position in the market by successfully forming various investment companies and PEF for corporate restructuring, including the PEF of approximately one trillion Korean won which was recently formed by investment from 6 commercial banks. Hankyul provides legal services for the formation and management of the collective investment vehicles including PEF.
- Practice Areas
Advising on and designing the deal structures
Preparing the articles of incorporation, formation of PEF, and registration with Financial Supervisory Service
Conducting legal due diligence review on the investment target of PEF
Advising and drafting various investment agreements for PEF
Advising on the management of PEF and management of the assets owned by PEF
Advising on the dissolution and liquidation of PEF
- Representative Matter
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Advising on the investment and formation of PEF for corporate restructuring such as United Turnaround Fund No.1, United Turnaround Fund No.2, and United PF Fund No.1
Advising on the investment and formation of PEF such as Investment in the Small and Medium-sized Businesses for Job Creation Fund, Support for Global Software Companies Fund, Financial Value Fund, Leaders Private Equity Fund, IBKSKS Fund No.2, IBK-KTAC Private Equity Fund No.2, IBKSKS Fund No.1, and IBK Fund No.3
Drafting the standard articles of incorporation of the Korea Fund of Funds
- Professionals
Ahn Sik
Cho Kyuhoon
Kim Joonoh
Cho Beomseok