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(Seoul=Yonhap Infomax) Ha Rin Song – NH Investment & Securities Co., a leading South Korean brokerage, announced on the 25th that it will deploy 315 billion won ($240 million) in venture capital investments targeting innovative industries and small- to mid-sized enterprises (SMEs) ahead of its anticipated designation as a Comprehensive Investment Account (IMA) operator.
The company said it will allocate 100 billion won ($76 million) to sectors such as artificial intelligence (AI), semiconductors, and deep tech, while 215 billion won ($164 million) will be directed toward SMEs and mid-sized companies.
For innovative industries, NH Investment & Securities plans to directly supply capital by investing 100 billion won in over 20 venture and technology-focused funds. The firm aims to broadly support government-designated national strategic sectors, including AI, semiconductor materials, parts and equipment, robotics, mobility, and digital content.
From a responsible investment perspective, the company will also invest in venture capital firms and biotech or secondary companies that face fundraising challenges after being selected for policy funding. These areas are typically avoided by private investors due to high uncertainty in investment recovery.
For SMEs and mid-sized companies, NH Investment & Securities will provide a total of 215 billion won in financial support through bridge loans, private placements, and Qualified Institutional Buyer (QIB) offerings. Lending and bond investments are expected to help offset the volatility inherent in venture capital investments focused on advanced industries.
NH Investment & Securities stated, "This capital deployment will be executed even before the government's 'National Growth Fund' is fully operational," adding, "We plan to accelerate our transformation into a 'productive finance-centered company' through this investment."
hrsong@yna.co.kr
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