IMM Investment Hong Kong

What IMM Investment Hong Kong does

IMM Investment Hong Kong (IMM HK) is a pan-Asian alternative asset investment firm established in 2019 as part of the IMM Group, which was founded in Seoul in 1999. The firm operates as a multi-asset platform spanning venture capital, growth equity, infrastructure, fund-of-funds, real estate, and alternative capital markets, with a stated AUM of approximately USD 7.7 billion (10.395 trillion KRW) as of March 2026 across the parent group. IMM HK serves as the cross-border gateway connecting South Korean investment opportunities with global limited partners and connecting Korean portfolio companies with international markets across North America, Asia, and the Middle East. The firm manages 29 VC funds and 31 PE funds and holds 253 portfolio companies across sectors including AI, semiconductors, advanced battery technologies, life sciences, healthcare, gaming, and infrastructure (logistics, renewable energy, water, waste, ICT).

The firm's investment process is governed by the proprietary 4S philosophy (Sound Professionalism, Stable Profitability, Steadfast Relationships, Social Responsibility) and supported by a 70+ person investment team across Seoul, Tokyo, Hong Kong, and Singapore offices. The team includes senior professionals with backgrounds at Goldman Sachs, Morgan Stanley, Deutsche Bank, Barclays Capital, and BNP Paribas. Revenue is generated through standard alternative asset management economics: recurring management fees on committed/invested capital (typically annual) and carried interest on profits above hurdle rates upon exit. The go-to-market is relationship-driven, leveraging IMM Group's 25-year proprietary deal sourcing network, board representation in portfolio companies, and direct LP engagement with pensions, financial institutions, and corporate investors.

In May 2026, IMM HK executed its largest disclosed single-asset transaction with the approximately $268 million acquisition of EHWA Diamond, demonstrating aggressive growth-equity/buyout deployment. The firm became a UN PRI signatory in 2024, established an independent ESG committee, and operates under the Korea Stewardship Code. Ownership remains privately held with no disclosed parent company, and the firm is led by co-founders Timothy Dong-Woo Chang and Sung-Bae Ji along with CEO Il Bu Joung and CEO JaeChul Byun.

Name

IMM Investment Hong Kong

Legal name

IMM Investment, Corp.

Website

https://imminvestment.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industries

ESG Integration / Responsible Investment Funds (Broad ESG) (FSANAJAL), Multi-Asset ESG / Sustainable Allocation Strategies (FSAAAJAK), Sustainable/ESG Equity (Active) (FSAAAIAM)

Keywords

• Venture capital investing
• Growth equity investments
• Infrastructure investments
• Alternative asset management
• Private equity funds

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management Fees: IMM earns recurring management fees on committed capital across VC, PE, and infrastructure funds. Management fees are charged on the fund's committed or invested capital base, typically annually, throughout the fund lifecycle.
2. Carried Interest (Performance Fees): IMM earns carried interest on profits generated for LP investors above hurdle rates, aligning GP and LP incentives. Performance fees are realized upon successful exits from portfolio investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

IMM Investment Hong Kong is a pan-Asian alternative asset investment firm that deploys capital across venture capital, growth equity, infrastructure, fund-of-funds, and real estate strategies, connecting South Korean investment opportunities with global investors and markets. The firm invests from seed stage (~$1M) through growth equity and infrastructure (>$1B), and provides active portfolio management through board representation, follow-on capital, and cross-border partnership facilitation.

Product overview

IMM Investment operates as a multi-asset alternative investment platform offering six interconnected investment products: Venture Capital (early to growth-stage tech and biotech companies), Growth Equity (mid-to-large cap private equity), Infrastructure (essential economic infrastructure assets), Alternative Capital Market (real estate and global alternatives), Fund of Funds (indirect fund-of-funds strategies), and Real Estate (domestic and global property investments). The platform is unified by a 4S investment philosophy (Sound Professionalism, Stable Profitability, Steadfast Relationships, Social Responsibility) and serves institutional investors including pensions, financial institutions, and corporations across Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Early-stage and growth-stage investments in innovative companies across AI, semiconductors, advanced battery technologies, consumer goods, life sciences, healthcare, and gaming sectors. Funds are tailored from seed to Pre-IPO stages with follow-on capital and strategic support.
• Growth Equity Investments in high-quality companies led by outstanding management teams, focusing on healthcare, consumer goods, IT, industrials, financial services, business services, and real estate sectors with flexible strategies including buyouts, capital structure adjustments, and mezzanine financing.
• Infrastructure Investments in essential infrastructure assets driving regional economic growth including logistics (ports), district and renewable energy, water resources, waste treatment and recycling, and ICT infrastructure supporting AI advancement.
• Alternative Capital Market (ACM) Domestic real estate investments including residential, commercial, data center, and mixed-use developments, along with global alternative investment opportunities in overseas real estate, infrastructure, private debt, and private equity through an extensive global network.
• Fund of Funds Indirect investment strategies providing exposure to underlying fund portfolios managed by other general partners, enabling diversified access to alternative asset classes.
• Real Estate

Quantifiable outcome

• 2024 UN PRI Signatory — demonstrating ESG integration in investment processes
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• United Nations Principles for Responsible Investment (UN PRI)coreOthers · 1 January 2024In 2024, IMM became a signatory of the UN PRI, demonstrating the firm's commitment to integrating ESG principles across its investment processes. IMM operates an independent ESG committee consisting of investment, risk management, and operations professionals who seek to fully integrate ESG activities at both fund and portfolio company levels. The ESG framework aligns with IMM's 4S philosophy (Social Responsibility component).

Scale indicators7 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Shinhan Capital: Subsidiary of Shinhan Financial Group providing VC, growth capital, and structured finance in Korea. Comparable Korean GP with multi-strategy alternatives focus.
• STIC Investments: Korean alternative asset manager with VC, growth equity, and buyout strategies targeting Korean and pan-Asian opportunities. Comparable product set and Korean-anchored LP base.
• JAFCO Asia: Tokyo and Singapore-headquartered VC firm investing in Japanese, Korean, and pan-Asian tech and growth-stage companies. Comparable cross-border Asian VC strategy with multi-office footprint.
• Korea Investment Partners: Korea's largest VC/PE firm by AUM with multi-stage, multi-asset strategies (VC, growth equity, buyout). Most direct domestic peer to IMM given overlapping Korean deal flow and similar fund structures.
• Mirae Asset Capital: Part of Mirae Asset Financial Group; runs VC, growth equity, and alternative strategies across Korea and Asia. Directly comparable in scale and multi-asset approach.
• KB Investment: Subsidiary of KB Financial Group running VC, growth equity, and infrastructure strategies across Korea. Comparable multi-asset alternative platform with similar institutional LP base and pan-Asian ambitions.
• NH Investment & Securities (alternative arm): Korean financial group with VC/PE arm investing in Korean startups and growth companies. Comparable Korean GP with similar sector exposures.

Broad incumbents

• PAG (Pacific Alliance Group): Hong Kong-headquartered pan-Asian alternative asset manager with private equity, real estate, and absolute return strategies. Comparable pan-Asian multi-asset platform anchored in Hong Kong.
• CLSA Capital Partners: Hong Kong-based alternative investment manager with pan-Asian PE, real estate, and direct investment strategies. Comparable Hong Kong-anchored Asian alternatives platform.
• Affinity Equity Partners: Hong Kong-based pan-Asian mid-market buyout firm with Korean and Greater China deal flow. Comparable cross-border Asia private equity platform with institutional LP base.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/immhk

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments7 records

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

Frequently asked questions about IMM Investment Hong Kong