Since its inception in 2005, VIG Partners has been leading the development of private equity industry in Korea, focusing on mid-market buyouts. After witnessing a number of attractive investment opportunities that can’t be captured through buyout strategy, VIG Partners is expanding its strategy into credit with the same mission it set 16 years ago: to spearhead the development of private credit industry in Korea.
VIG Alternative Credit (“VAC”) is alternative credit investing platform that combines VIG Partners’ extensive network and VAC team’s deal expertise. By leveraging the network and infrastructure of VIG Partners and sourcing and underwriting expertise of VAC team, VAC provides unique investment opportunities to its investors and customized capital solutions to its investees.
“VIG Alternative Credit is
alternative credit investing platform within VIG Partners,
the leading private equity firm in Korea.”
VAC focuses on opportunistic credit strategy to generate mid- to high-teen return with solid downside protection by providing bespoke capital solutions under complex situations and/or structure. VAC seeks to generate the best risk-adjusted return throughout economic cycle with ability to invest across asset class, sector and capital structure.
VAC brings the best-in-class team to carry out the strategy with the highest execution standards. VAC operates under 6 investing principles: (i) capital preservation, (ii) bespoke structure, (iii) flexible orientation, (iv) solutions-oriented, (v) equity-like underwriting and (vi) rigorous risk management.
"VIG Alternative Credit seeks the best risk-adjusted
return out of broad sets of investment opportunities where
VAC can provide bespoke capital solutions
under complex situations"
Seung Ick Chang