Korea’s IMM leans on domestic LPs to close debut credit fund

Korea’s IMM Credit & Solutions leaned solely on domestic capital to reach a final close on its debut private debt fund.

The Seoul-headquartered firm closed its debut credit fund, IMM Credit No.1, on 953 billion won ($686 million; €591 million) on 30 June, Chan-Woo Park, chief executive of IMM Credit & Solutions, told Private Debt Investor.