The Fund’s cornerstone investors include the Growth Ladder Fund managed by the Korea Development Bank, the Korean Teacher’s Pension Fund, and Corstone Capital.
Albert (Bud) Hawk, Chairman of Corstone, remarked “We are very pleased to have been selected through a highly competitive bidding process to be awarded the investment by the Growth Ladder Fund and the Teacher’s Pension. The Fund mandate leverages our international capabilities with our core success in Korea. We are actively building our pipeline and looking for target companies.”
Corstone Capital is a global diversified asset management and strategic advisory firm that has been an active investor in Korea since 1994. Corstone Asia is one of the fastest growing private equity managers in Korea. The Fund is the 11th fund organized and managed by Corstone Asia.
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