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Private Equity Victims Protest In Seoul

Victims of various private equity funds hold a press conference in front of the Financial Supervisory Service in Yeouido, Seoul, South Korea on June 30, 2020, urging the decision to strongly discipline financial companies responsible for private equity funds and cancel contracts (100% compensation). The Financial Supervisory Service's first dispute settlement committee on lime funds, including Lime Funds, German Heritage Derivatives-linked Securities (DLS), Italian Healthcare Fund, Beautiful Asset Management Fund, Discovery Fund, Pop Funding Fund, and Overseas Interest Rate-linked Derivatives (DLF) Investors today, and they asked the Financial Supervisory Service to cancel the contract to compensate 100% of the damages to the financial companies that sold the trade finance funds of Lime Asset Management. They claim the damage amounts to hundreds of billions of won. (Photo by Chris Jung/NurPhoto)

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