Korean private equity firms are increasingly betting big on health-focused companies at home and abroad, in a bid to capitalize on the growth potential of the health care and wellness sector amid a globally aging population. In Korea alone, the number of people aged 65 or over reached 9.73 million in 2023, about 20 percent of the total population. The figure surged from 10 percent back in 2001. Hahn & Co., the na.
Seoul-based private equity firm MBK Partners Founder and Chairman Michael Byung-ju Kim has offered a donation to the Metropolitan Museum of Art in New York to promote Korean art in the museum, the firm said Tuesday. The donation is part of the Korean Art Initiatives project, which was devised to honor the 25th anniversary of the Arts of Korea gallery at the museum, along with the Korea Foundation and the Samsung Foun.
MBK Partners has participated in a joint bid to acquire Toshiba, forming a consortium with the state-backed Japan Investment Corporation (JIC) and U.S.-based Bain Capital to carry out the buyout of the Japanese-headquartered multinational conglomerate.