Hyundai Commercial is expanding its corporate finance operations by partnering with key affiliates of Korea Investment Finance Group.
On October 7, Hyundai Commercial announced that it has signed a strategic memorandum of understanding (MOU) with four subsidiaries of Korea Investment Finance Group: Korea Investment & Securities, Korea Investment Real Asset Management, Korea Investment Trust, and Korea Investment Private Equity.
Through this agreement, both parties plan to enhance collaboration across all areas of corporate finance, including corporate and real estate financing, non-performing loans (NPLs), and infrastructure. They aim to identify joint business opportunities throughout the entire corporate finance value chain, from deal sourcing and financial structuring to fundraising, investor recruitment, investment management, and post-investment monitoring.
The two companies will establish a regular consultative body to share expertise in corporate finance and maintain ongoing cooperation. This initiative is expected to create new business opportunities and diversify revenue sources.
Hyundai Commercial has recently focused on corporate finance as a key growth area. As a result of expanding its lending and investment in corporate, real estate, and NPL sectors, the company's corporate finance assets have doubled from 2 trillion won in 2018 to approximately 4 trillion won last year.
A representative from Hyundai Commercial stated, "Korea Investment Finance Group is the only investment bank-centered financial holding company in the country, with a diversified business portfolio that includes securities, asset management, private equity funds, and real estate trusts. Through this strategic partnership, we will pursue various collaborative efforts."
* This article has been translated by AI.
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