7.24.2010

 Magnum Venture Capital awarded Government Sponsored Fund by Korea Venture Investment Corp.
Total size of Government Sponsored Fund : 208 Billion Won
Number of companies awarded funds this round : 6

*Korea Venture Investment Corp.*

KVIC, incorporated in 2005, is a government-backed Korea fund of funds management company with US$1.5billion dollars under management. KVIC invests in top tier funds in a broad range of asset classes from venture capital to mid-cap buyout funds in Korea.