Fund name: Korea Battery & ESG Fund
Target size: 400 billion Korean won
Launch date: May 2021
IMM Credit Solution is targeting 400 billion Korean won ($355.6 million; €293.2 million) for its Korea Battery & ESG Fund. Capital raised by the vehicle will be used to invested in domestic companies in South Korea equipped with technologies and growth potentials in ESG industry-related sectors, which include core materials for EV batteries and eco-friendly industry materials.