Yuanta Financial approves additional commitment

The Taiwanese financial group increases the commitment amount to a South Korea focused venture capital fund.

Institution: Yuanta Financial Holdings
Headquarters: Taipei, Taiwan
AUM: TWD2.33trn
Bitesize: $5-10m

Yuanta Financial Holdings made a KRW2.71 billion ($2.3 million, €2.06 million) additional commitment to M-Venture Investment’s Global Growth Investment fund.

Together with its prior commitment, Yuanta Financial Holdings has committed a total of KRW6.65 billion ($5.64 million, €5.06 million) to the fund.

As illustrated below, Yuanta has a regional appetite for Asia-Pacific.

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