Hana Financial, Bain Capital to expand investment in S.Korea

Both sides discussed new business plans in S.Korea, outlooks for the global economy, and their strategic partnership

Hana Financial Group Chairman and CEO Ham Young-joo (right) and Bain Capital Co-Managing Partner John Connaughton (Courtesy of Hana Bank)

Jae-Won Park 1

2025-01-20 10:45:40 wonderful@hankyung.com

Banking & Finance

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic partnership to expand investment in South Korea.

According to the financial industry on January 19, Hana Financial Chairman Ham Young-ju met Bain Capital's C-levels at the Hana Financial headquarters in Myeongdong, Seoul, on January 17.

Hana Financial Group was represented by Chairman Ham, Vice Chairman Lee Seung-lyul, Kang Seong-muk , and Deputy President Jeon Ho-jin.

At Bain Capital, Global CEO John Connaughton, Co-Head David Gross, and partner Lee Jungwoo attended.

The two companies discussed new business plans in South Korea, outlooks for the nation and the global economy.

“Building on our amicable relationship with Bain Capital, we aim to strengthen collaborative projects in the domestic market while creating new business opportunities globally,” Ham said.

Write to Jae-Won Park at wonderful@hankyung.com

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