Samsung Securities IB Division Head: We're Investing More in Venture Capital and Pre-IPOs
Translated from Korean, summarized and contextualized by DistantNews.
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- Samsung Securities IB division head Lee Choong-hoon stated the company is increasing its investment in venture capital and pre-IPO opportunities.
- He noted a clear shift from a commission-based investment banking model to an investment-focused one, emphasizing the importance of discovering promising growth companies.
- The division has expanded its self-funded investments and resumed contributions to venture capital funds this year.
Samsung Securities' investment banking (IB) division is strategically shifting from a commission-driven model to one focused on investment, according to division head Lee Choong-hoon.
"The trend of moving from a commission-based IB to an investment-type IB has become clearer," Lee said in a recent interview with Chosun Biz. He highlighted that identifying companies with significant growth potential is becoming a new competitive edge for securities firms' IB divisions.
The trend of moving from a commission-based IB to an investment-type IB has become clearer.
To this end, Samsung Securities has increased its self-funded investments this year, including participation in pre-IPO deals. The company has also resumed its contributions to venture capital funds. These moves signal a proactive approach to capitalizing on emerging opportunities in the market.
How well we discover 'rough diamonds' with great growth potential has also become a new competitive edge for securities firms' IB divisions.
DistantNews Editorial
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
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