Korea Investment & Securities Acquires 4.29% Stake in U.S. Asset Manager CW Parent for $200 Million

Korea Investment & Securities Acquires 4.29% Stake in U.S. Asset Manager CW Parent for $200 Million: Reporter Paul Lee / 기사작성 : 2025-06-20 03:20:53

Photo: Korea Investment & Securities

[Alpha Biz= Paul Lee] Korea Investment & Securities has invested $200 million to acquire a 4.29% stake in U.S.-based asset management firm CW Parent LLC.

On the 19th, Korea Financial Group announced in a regulatory filing that its subsidiary, Korea Investment & Securities, made the equity investment to secure capital gains and expand its global partnerships. The investment amounts to KRW 272.3 billion, equivalent to 2.94% of the firm's total equity capital.

Korea Investment & Securities is expected to further strengthen its overseas business and deepen its connection with the U.S. financial market through this strategic investment.