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Hyundai Scion Chung Turns to LBO Market for Green Impact Fund - Bloomberg

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In the world of finance, leveraged buyouts are sometimes seen as controversial -– the domain of fictional villain Gordon Gekko from “Wall Street” -– where firms borrow large sums of money to buy their targets.

But Kyungsun Chung, a grandson of the Hyundai Motor Co. empire founder Chung Ju-Yung, is hoping to combine leveraged buyouts with his connections to some of Asia’s most powerful clans to drive impact investments that generate a profit but also do environmental, social and governance good.

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September 27, 2021 at 04:00AM
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Hyundai Scion Chung Turns to LBO Market for Green Impact Fund - Bloomberg
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