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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] Seoul, September 15, 2025 — The Financial Supervisory Service (FSS) has initiated an on-site inspection of private equity fund (PEF) manager Stonebridge Capital, marking the second such review of a PEF firm this year following MBK Partners earlier in the first half.
The move comes after the FSS announced in May that it would strengthen oversight of the PEF sector, expanding the number of annual inspections to more than five.
Stonebridge Capital was selected as a National Pension Service (NPS) PEF trustee manager in 2022, leading to speculation that its connection with the NPS may have influenced its inclusion as an inspection target.
However, industry sources noted that the inspection had been scheduled prior to the appointment of FSS Governor Lee Chan-jin.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
