IMM Investment

What IMM Investment does

IMM Investment, Corp. is a privately held South Korean multi-asset alternative investment firm founded in September 1999, operating across venture capital, growth equity, infrastructure, real estate and fund-of-funds strategies. The firm is headquartered in Seoul (Gangnam Finance Center) with regional platforms in Tokyo, Hong Kong (founded 2019) and Singapore (launched mid-2025), and reports USD 7.7 billion in AUM as of March 2026 across 29 venture capital funds and 31 private equity funds, with 253 active portfolio companies and 70+ investment professionals. IMM is widely regarded as a pioneer of both the Korean VC and PE industries, established following the 1997 Special Law to Promote Venture Capital Companies, and holds the most diversified asset strategy among Korean GPs, serving institutional LPs (Korean pensions including NPS, mutual aid associations, financial institutions and corporates) alongside select global LPs.

The firm's underlying technology is an integrated multi-asset investment platform rather than a software product: it comprises (i) a proprietary 4S investment philosophy framework (Sound Professionalism, Stable Profitability, Steadfast Relationship, Social Responsibility) applied across all offices, (ii) an independent ESG committee that supports its UN PRI signatory status (since 2024), (iii) a dedicated Alternative Capital Markets (ACM) division extending into domestic real estate and global alternatives, and (iv) a Singapore-based cross-border structuring platform (IMM-SG) that delivers LP secondaries, continuation funds, and Korea-access vehicles. The platform supports ticket sizes ranging from USD 1 million in seed capital to over USD 1 billion in growth equity and infrastructure deals, with active board-level value-up engagement across the portfolio.

IMM's revenue model combines recurring fund management fees on committed AUM, performance-based carried interest on successful exits (Celltrion biosimilars, Coupang, Pearl Abyss, Big Hit Entertainment/HYBE, Zigbang, and pending BENOW, Mediwhale and MADUP IPOs), one-time capital gains from infrastructure and buyout realizations (Ecorbit USD 1.4bn, Boryeong LNG Terminal USD 387.7m, Crianza Aviation divestiture to BC Partners Credit), and advisory fees on M&A mandates. The firm monetizes through a sales-led enterprise motion targeting institutional LPs and a deal-by-deal direct-deployment channel into portfolio companies ranging from startups to mid-market and enterprise-scale assets, supplemented by co-investment consortium partnerships with global and Korean GPs (KKR, Kleiner Perkins, Andreessen Horowitz, Atinum, Macquarie, CDPQ, KB Balhae Infrastructure).

Name

IMM Investment

Legal name

IMM Investment, Corp.

Website

https://imminvestment.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

IMM Investment is a privately held Korean multi-asset alternative investment firm managing USD 7.7 billion AUM across venture capital, growth equity, infrastructure, and real estate, serving institutional LPs (Korean pensions, financial institutions, corporates) and 253 portfolio companies through offices in Seoul, Tokyo, Hong Kong, and Singapore.

Ownership category

akta.pro rank

Product category

Private Equity & Venture Capital (Alternative Asset Management)

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Impact / ESG Venture Capital (FSANAAAG)

akta.pro secondary industries

Multi-Asset ESG / Sustainable Allocation Strategies (FSAAAJAK), Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI)

Keywords

• Venture capital investment
• Growth equity
• Infrastructure investing
• Alternative asset management
• Fund of funds

Headquarters

HQ city

Kangnam

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund management fees: Recurring management fees on AUM across 29 venture capital funds and 31 PEFs (KRW 12.6 trillion accumulated fund commitment). Standard alt-asset fund manager revenue stream.
2. Carried interest & performance fees: Performance-based carried interest on VC and PEF fund returns; achieved through successful exits (e.g., Celltrion biosimilar, Coupang, Pearl Abyss, Big Hit Entertainment, Zigbang) and value-up exits.
3. Aircraft leasing income (Crianza Aviation): Income from aircraft leasing business (Crianza Aviation) leased to major airlines; business subsequently divested to BC Partners Credit in Korea's first aviation lessor sale.
4. Infrastructure & buyout returns: Capital gains from infrastructure and buyout investments including Hanjin Newport, PSA Hyundai Pusan Newport Terminal, Hyundai LNG Shipping, Incheon Total Energy, and Ecorbit ($1.4bn buyout).
5. Advisory & co-investment fees: Fees from advisory mandates (e.g., Boryeong LNG acquisition advisory by Citi Global Market Securities and Standard Chartered Securities) and structured co-investment solutions.

Pricing tiers

Go-to-market motion5 records

Distribution channels4 records

Marketing channels6 records

Core offering

IMM Investment is a Korean alternative asset manager that raises and deploys venture capital funds, growth equity / private equity funds, and infrastructure funds on behalf of institutional limited partners. It provides multi-stage capital ranging from $1 million seed rounds to $1 billion+ growth and infrastructure deals across IT, Healthcare/Biotech and Manufacturing sectors, and is expanding into fund-of-funds and real estate strategies via its Alternative Capital Markets division. The firm operates an integrated platform with offices in Seoul, Tokyo, Hong Kong and Singapore, generating revenue primarily from fund management fees and carried interest.

Product overview

IMM Investment is one of Asia's leading multi-asset alternative investment firms, operating as a platform-plus-modules architecture across four core business segments: Venture Capital, Growth Equity, Infrastructure, and Alternative Capital Market (ACM) — with the latter extending the firm's scope into domestic real estate, fund-of-funds (indirect strategies), and global alternatives. The firm provides multi-stage investments ranging from $1 million in seed capital to over $1 billion in growth equity/infrastructure capital, supporting innovative entrepreneurs through different stages of growth. Overseas subsidiaries — IMM Investment Hong Kong (founded 2019), IMM Investment Japan, and IMM Investment Singapore — extend the platform's reach across North America, Asia, and the Middle East, collectively leveraging the 4S philosophy (Sound Professionalism, Stable Profitability, Steadfast Relationship, Social Responsibility) as the unifying operating principle. Together these modules serve institutional LPs including pensions, financial institutions, and corporates across IT, Healthcare/Biotech, and Manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Funds
• Growth Equity / Private Equity Funds
• Infrastructure Investment Funds
• Alternative Capital Market (ACM)
• IMM Investment Hong Kong (IMM HK)
• IMM Investment Singapore (IMM-SG)
• IMM Investment Japan
• 4S Investment Philosophy

Quantifiable outcome

• USD 7.7B AUM as of March 2026
• +8 more outcomes

Named customers32 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered strategic, minor and core.

• SK TelecomstrategicStrategic or Co-development PartnerJoint venture partner for SK Telecom's Ulsan data center (1GW capacity, expanded from initial 103MW). IMM Investment and Stonebridge are part of a Korean investment consortium acquiring up to 49% equity (approximately 2 trillion won / $1.3bn), while KKR takes 29%. The facility was developed in partnership with AWS on a former SK Group chemicals subsidiary site.
• GS EnergystrategicStrategic or Co-development PartnerCo-acquirer increasing its stake to 50.1% for management control of Boryeong LNG Terminal in parallel with IMM Investment-led acquisition of 49.9% from SK Innovation.
• KT SATminorStrategic or Co-development PartnerSigned an LOI with Walk in Space (IMM portfolio company) for satellite servicing collaboration; strategic partnership opportunity for IMM portfolio.
• SESminorStrategic or Co-development PartnerWalk in Space (IMM portfolio company) pursuing collaboration with global satellite operator SES for in-space servicing opportunities.
• GS GroupcoreStrategic or Co-development PartnerJoined IMM-led investor group to invest in Kakao Corp.'s Kakao Healthcare division for diabetes monitoring app and hospital data platform expansion in South Korea and internationally.
• NVIDIAstrategicStrategic or Co-development PartnerStrategic ecosystem partnership between NVIDIA and South Korean government/industry (including IMM Investment) to expand AI infrastructure in Korea — deploying 250,000+ GPUs, supporting AI startups, advancing quantum computing research.
• Jensen Huang (NVIDIA CEO) Seoul Roundtable participantsstrategicStrategic or Co-development PartnerClosed-door Seoul roundtable on physical AI and robot startups including Samsung Electronics, Hyundai Motor Group, LG Electronics, Naver, Korea Investment Partners, IMM Investment and SoftBank Ventures — emphasizing Korea's position as a physical AI stage.
• K-Space Forum co-organizers (Unicorn Factory, GDIN)minorStrategic or Co-development PartnerCross-sector platform uniting government agencies, academia, venture investors (including IMM) and space startups to shift Korea from state-driven 'Old Space' to a venture-led 'New Space' ecosystem — supporting Korean space startups with venture funding, partnerships and scaling across the value chain.

Scale indicators10 records

Recent moves10 records

Expansion highlights7 records

Market position

Competitive moat7 records

Key highlights8 records

Customer concentration

• YouTubeyoutu.be/m50WrOv5N6U

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments414 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IMM Investment