This study examines the structure and performance of Korea's impact investing market and identifies the institutional and policy measures needed to strengthen the country's impact investing ecosystem. The analysis draws on two bodies of evide...

The performance of private credit funds hinges on the debt-service capacity of the middle-market firms held in their portfolios. Yet even as rising interest rates have sh...

Recently, strengthening capital market–based financing for innovative SMEs has become an important policy issue in Korea. Despite the development of the domestic securities industry around capital-based investment banking, its role in SME finan...

Artificial intelligence (AI) is driving transformative change across the financial investment industry. The global AI market is projected to grow from USD 189 billion in 2023 to USD 4.8 trillion by 2033, and the financial sector has emerged as one of...