VL Investment, a private equity fund specializing in green industry investments, is changing its corporate vision to 'value recreation' and is taking a new leap. The company has also planned to expand its business field into the recycling energy market beyond the traditional green industry processing market, such as waste landfill and treatment.
According to the investment banking (IB) industry on the 22nd, VL Investment recently held its 10th anniversary event and announced that it changed its corporate vision to 'Revalorize,' which means value recreation. Additionally, it has changed its corporate logo to a new design that embodies the meaning of resource circulation.
VL Investment started in 2015 as an investment firm specializing in waste treatment and urban mining. Through an investment strategy that anticipated industrial changes such as rising waste treatment expenses, the company recorded an average internal rate of return (IRR) exceeding 40% from the seven private equity funds that have been liquidated to date.
In particular, VL Investment has constructed its investment sector with over 20 green industry experts, including founder CEO Park Young-jun, and is also providing management consulting in the green industry. The core value of the mission, derived from the Latin phrase 'Veritas vos liberabit' (the truth will set you free), is reflected in the acronym VL.
VL Investment plans to officially expand its business area starting this year by recreating the value of waste. Anticipating stricter regulations on plastic recycling, it began investing in plastic waste collection and sorting companies about three years ago, and has also decided to expand its business area to include waste batteries.
The firm is also set to accelerate the establishment of new funds. It aims to raise an additional fund of 400 billion won this year, focusing on areas such as recycling waste plastics and waste batteries. Considering that as of the end of last year, it had built 19 private equity funds with assets under management (AUM) at approximately 915 billion won, it expects its AUM to exceed 1 trillion won.
CEO Park noted, 'Since its establishment in 2015, we have focused on waste treatment-focused investments classified as traditional green industries for the past 10 years. Going forward, we will conduct recycling-centered investments that convert social expenses into social benefits, and we aim to become the world's best private equity fund manager in the green industry.'