Industry Newsroom

IMM Reaches USD1.3 Billion First Close for Fourth Fund

Korea-focused fund manager IMM Private Equity has reached a first close for RoseGold IV with USD1.3 billion in capital commitments. Investors in the fund include the Korean National Pension Service and other Korea-based and foreign investors. The fund, which is seeking USD1.5 billion in total commitments, will pursue minority and control deals in Korea-based companies.