South Korea's Shinhan Venture Investment targets Southeast Asia

Seoul-based investor earmarks 50% of flagship global fund for region

20230712 DSA the Shinhan Venture Investment

Established in 2000 as Neoplux, Shinhan Venture Investment assumed its current name twhen it joined the Shinhan Financial Group in 2020. © AP

AASTHA MAHESHWARI., DealStreetAsia

July 12, 2023 13:33 JST

JAKARTA -- South Korea-based Shinhan Venture Investment is planning to increase its Southeast Asia focus with the $200-million flagship global fund it closed a few months ago, according to a top executive.

The company plans to deploy $100 million worth of equity investments in Southeast Asia in the next year and is comfortable investing in ticket sizes ranging from $1 million to $10 million, JinSoo Lee, head of global investment at Shinhan Venture Investment, told DealStreetAsia.