A Second Act for Private Equity in South Korea.
- Resource Type
- Article
- Authors
- Park, Chul-Joon; Macarthur, Hugh
- Source
- Journal of Private Equity; Fall2007, Vol. 10 Issue 4, p28-30, 3p
- Subject
- PRIVATE equity
FOREIGN investments
INVESTORS
- Language
- ISSN
- 10965572
This article focuses on the state of South Korea's private equity market as regulators await a Supreme Court ruling on Lone Star's 2003 purchase of Korea Exchange Bank, which prosecutors say was illegally acquired with government approval of an unrealistically low valuation. It discusses market changes that occurred since foreign investors made their entry into the market amid fears of economic collapse. It explores how private equity investors and companies create a playbook for private equity's second act with three major moves.