Woori Asset Management creates the group’s first joint investment fund for ‘future shared growth’
[서울타임즈뉴스 = 최남주 기자] Woori Asset Management (CEO Seungjae Choi) announced on the 28th that it completed the signing of the ‘Group’s first joint investment fund’ agreement on the 26th, which was promoted as part of Woori Financial Group’s ‘Future Shared Growth Project’ aimed at ‘supporting 80 trillion won in productive and inclusive finance’, and will begin full-scale investment to foster high-tech strategic industries. This fund is the first case in which the group’s joint investment fund, which is a key implementation task of the future shared growth project announced by Woori Financial Group in September, has been materialized. Woori Financial Group has proposed a plan to significantly expand the supply of productive and inclusive finance over the next five years, while gradually promoting its own investments such as joint investment funds and venture capital. ‘Our Future Shared Growth Advanced Strategy General Private Investment Trust’ was created with a total of 200 billion won. This trust is managed by Woori Asset Management. Major affiliates, including Woori Bank and Woori Investment & Securities, as well as Tongyang Life Insurance, Woori Card, Woori Financial Capital, and ABL Life Insurance, participated as joint investors to strengthen group synergy. Investment targets are value chain companies related to national high-tech strategic industries such as semiconductors, secondary batteries, artificial intelligence (AI), bio, robots, and aerospace. Woori Asset Management will confirm its first investment destination within the year at the earliest and make various investments tailored to the funding needs of each stage of corporate growth.
