More than 93% of investors from Hahn & Co’s previous fund, each with commitments exceeding $100m, have reinvested in the new fund with increased amounts.
Hahn & Co is known for acquiring controlling stakes in subsidiaries of Korea’s family conglomerates and boasts one of the highest distributions to paid-in capital among its Asian peers. The firm’s previous $2.7bn fund from 2019 has already returned 30% of its capital.
The company’s first two funds meanwhile, have delivered net returns between 20% and 25%, while the third fund has generated an impressive 31%, according to the Bloomberg’s source.
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