KIC Eyes Investment in PE-Backed Duravant
Posted on 06/01/2022
Sovereign wealth fund Korea Investment Corporation (KIC) and private equity firm White Whale Group (WWG) are poised to invest US$ 450 million in Duravant LLC. KIC would invest US$ 150 million, while US$ 300 million would come from White Whale Group. Based in Seoul, White Whale Group was founded in 2017 by former executives and…