Korea Development Bank overview
Stories about Korea Development Bank
Abu Dhabi, Korea partner on private equity initiative
ADIC, Korea Development Bank and the Korea Trade Promotion Agency aim to boost the private equity, real estate, and infrastructure investment flow between the MENA region and South Korea.
KDB turnaround fund makes maiden investment
A turnaround fund launched by Korea Development Bank earlier in the year has acquired sewing machine maker Sunstar Precision for W40bn.
Report: Korea Development Bank to launch restructuring fund
The Korea Development Bank is reportedly close to setting up a W1trn corporate restructuring fund for ailing Korean companies. The bank is expected to enlist the help of private equity funds to raise capital.
Korea’s biggest private equity fund to launch
Korea Development Bank reportedly will announce the formation of a South Korean-based private equity fund with won 340 billion in assets.
Korea Development Bank contact information
Offices
14 Eunhaeng-ro, Yeongdeungpo-gu, Seoul, 07242, South KoreaContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Howard Hongcheol Kang | Job titleHead of Private Equity & Principal Investments | LocationSeoul, South Korea | Email  ----- |
| Mr. Bock Kyu Kim | Job titleVice Chairman and Chief Operating Officer | LocationSeoul, South Korea | Email --------- |
| Hyungjin Kim | Job titleDirector | LocationSeoul, South Korea | Email ----- |
| Mr. Taewook Kwon | Job titleSenior Manager | LocationSeoul, South Korea | Email ----------- |
Korea Development Bank fund commitments
Known fund commitments: 47
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ------ | Commitment dateJun 2025 | Commitment size- | |
Manager ------- | Commitment date- | Commitment size ------- | |
Manager ----------- | Commitment dateMay 2025 | Commitment size --------- | |
Korea Development Bank funds managed
Closed funds: 21
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ------ | Close dateMar 2024 | Strategy ------ | |
Fund size ----- | Close dateJun 2023 | Strategy -------- | |
Fund size -------- | Close dateMay 2023 | Strategy ------- | |
Stories that mention Korea Development Bank
Number Crunch: South Korea K-pops
The country has taken a larger share of Asia-Pacific's stilted private equity market over recent years.
South Korea to launch $7bn special-sits fund
The country’s financial regulator plans to mandate private equity financing for troubled companies.
South Korea govt bets $100m on life sciences
Local government ministries in the country are setting up a fund that will back start-ups focused on the biotechnology sector.
LP Radar - September 2016
See the latest PE LP updates, including allocation changes and people moves.
Chart of the Week: Funds in market snapshot
Snapshot comparing the funds in market in December 2013 and 2014.
PE circles Korea carveouts
Korea's chaebols are rightsizing, resulting in some carveout deals.
Korea to liberalise bank ownership rules
Private equity firms and pension funds are to be allowed to own a larger share of voting rights in Korea's banks as the government seeks ways to boost their capital base.
KDB PE fund to take control of Kumho Asiana engineering unit for W3trn
The state lender is also establishing another private equity fund to acquire Kumho Life Insurance, another Kumho Asiana unit.