Woori Financial, Natixis to manage global private equity fund

The S.Korean firm will create a $250 mn fund to invest in infrastructure and renewable energy with an IB under France's BPCE

Woori Financial, Natixis to manage global private equity fund
Bo-Hyung Kim 1
2024-06-27 16:09:57 kph21c@hankyung.com
Banking & Finance

South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agreement for creating a global private loan fund and cooperation" with the French investment bank Natixis.

Natixis is an investment bank under Groupe BPCE, France's second-largest financial group, with total assets amounting to 472.5 billion euros ($505.3 billion) as of the end of last year.

Under this agreement, both parties will create a $250 million fund to invest in global infrastructure, renewable energy, and real estate sectors.

Woori Bank will invest $200 million, Natixis will invest $50 million and Woori PE Asset Management will manage the fund.

Write to Bo-Hyung Kim at kph21c@hankyung.com
#Woori Financial Group #Woori Bank #Woori PE Asset Management #Natixis #Groupe BPCE

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