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Mubadala Capital & Korea’s Woori Venture sign partnership MoU

Mubadala Capital, the wholly-owned asset management subsidiary of Mubadala Investment Company, and Woori Venture Partners, a wholly-owned subsidiary of Woori Financial Group, a leading financial group in the Republic of Korea, have signed a Memorandum of Understanding (MoU) to establish a strategic partnership.

Under the MoU, the Solutions platform in Mubadala Capital and Woori Venture Partners will explore mutually beneficial global investment opportunities in various sectors, and will establish a dedicated working committee to facilitate cooperation and dialogue between both organizations.

Chang Kyu Kim, CEO of Woori Venture Partners, expressed enthusiasm about the collaboration, highlighting the strategic significance of aligning with Mubadala Capital’s renowned global investment network. He emphasized the potential for mutual growth and affirmed his commitment to strengthening cooperation among group entities in the future.

In 2022, Mubadala Capital established the Solutions platform which is comprised of three fully integrated businesses that invest globally in a diversified portfolio of assets and sectors, including a highly diversified evergreen investment strategy focused on private market opportunities which was seeded with a $2.7 billion portfolio from Mubadala Capital’s balance sheet with features that include low volatility, meaningful embedded downside protection, an attractive cash yield on day one and the potential for strong asset appreciation over time.

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