MBK Partners raises $1.56 billion

MBK Partners closes first buyout fund with commitments totaling $1.56 billion and announces two investments in Korea.

MBK Partners closed its first buyout fund on July 12 with commitments totaling $1.56 billion.

Simultaneously, MBK Partners announced it had closed two investments in Korea a $92.7 million acquisition of Hanmi Capital, a leasing company and a $126 million acquisition pending regulatory approval of HK Mutual Savings Bank, the second largest mutual savings bank in Korea. These two transactions follow the investment in Beijing Bowei Airport Support, a leading airport maintenance service provider in...

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