Amid the operational industry's struggles with market stagnation and poor performance, the newly established asset management firm Post Asset Management announced on the 3rd that it recorded a profit in its first year.
Post Asset Management, which launched in May last year after receiving approval from financial authorities, reported a total of 12 billion won in financial arrangement performance, including ▲Imperial Hotel refinancing (4 billion won), ▲Sehyun CC collateral loan (1.24 billion won), ▲EZ Sky CC collateral loan (810 million won), ▲Hildesheim CC development finance, and ▲Namyangju Wangsuk B-8BL development project.
The company cited the practical organizational structure and in-house execution capabilities as the background for its performance. It explained that it has developed an internal system enabling it to handle the entire investment process directly, from deal structuring to investor communication, risk management, and fund closing, centered around professionals such as accountants, appraisers, and lawyers.
According to Post Asset Management, CEO Kim Cheon-jung is a former employee of Samil Accounting Corporation's FAS Department and MERITZ Securities' Structured Investment Department, possessing practical experience across real estate assets and development, structured finance, securitization, and overseas alternative investments. Additionally, key personnel include Director Song Taek-joo, who previously worked at Samjeong Accounting Corporation, NH Investment & Securities, and KB Securities, along with Directors Park Jeong-tae, Ko Dong-hun, Jeong Seong-ok, Kang Ho-yeon, and Na Jong-min, who all have backgrounds with accounting firms, securities companies, and asset management firms.
The investor composition consists primarily of individual investors such as middle-sized corporation owners and second-generation managers, rather than general institutional investors. About 10 individual investors participated in the investment in the form of minority equity and preferred shares, and CEO Kim conducted investor relations (IR) by personally meeting with over 60 businesspeople.
Post Asset Management is also pursuing expansion into infrastructure and overseas alternative investment sectors. Vice Administrator Cha Seung-hoon, who has worked at Samil Accounting Corporation and the International Finance Corporation (IFC), recently joined the team and plans to expand domestic and international infrastructure projects and credit-based deals.
Additionally, Post Asset Management announced that it is attempting to diversify its portfolio with niche demand-based assets such as senior housing, hazardous material warehouses, and co-living spaces, beyond traditional real estate.
A representative of Post Asset Management noted, "In times of great uncertainty like now, the ability to execute and the trustworthiness of the organization ultimately determine the survival of an asset management firm," adding that "Post Asset Management has a very unique strategy in that regard."