IMM and Mirae will acquire a 24 per cent stake in Posco, said Korea’s Money Today.
The deal came just over a month after IMM invested KRW100bn ($87m) in Hollys F&B, the owner of café chain Hollys Coffee.
Since launching in 2001, IMM has raised KRW 714bn ($620m) in funds and exited KRW217bn ($189m).
The firm currently has ten portfolio companies including pharmaceutical group Celltrion Pharm, combat vehicle manufacturer Doosan DST and consumer electronics retailer Himart.
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