Financial Supervisory Service Holds Meeting with CEOs of Institutional Private Equity Fund (PEF) Management Companies

On 12/12/2024, the Financial Supervisory Service (FSS) issued an update regarding "Financial Supervisory Service Holds Meeting with CEOs of Institutional Private Equity Fund (PEF) Management Companies". A meeting was held on December 12, 2024, to discuss the role and responsibilities of PEFs, capital market innovation, and governance structure improvements. The meeting focused on the development of PEF industry, discussing their proper roles and responsibilities, and promoting healthy growth. It also emphasized the importance of improving governance structures and advancing capital markets in Korea.