• New fund targets underserved segments of South Korea’s credit market
• Combines local origination strength with global credit expertise
• Focus on asset-backed lending to deliver downside protection and stable returns

SC Lowy, a leading alternative asset manager, and Shinhan Capital, a specialized credit finance company and subsidiary of the Shinhan Financial Group, announces the launch of the Shinhan SC Lowy No.1 Private Debt Fund, a local currency KRW fund targeting mid-yield opportunities across South Korea’s evolving credit landscape.

Launched in March, the KRW fund is designed to capitalize on increasing dislocation in South Korea’s lending markets, where tighter bank financing and interest rate volatility have created a growing pool of companies facing short-term liquidity constraints despite strong underlying fundamentals.

The strategy combines Shinhan Capital’s extensive on-the-ground origination network with SC Lowy’s global credit investing capabilities, enabling the partnership to source and execute attractive private credit opportunities with speed and precision.

Focusing on underserved and asset-rich segments of the market, the fund will provide flexible, bespoke financing solutions to borrowers. Its investment approach is centered on asset-backed lending, with rigorous collateral assessment to mitigate downside risk and prioritize capital preservation alongside returns.

Established in 1991 and headquartered in Seoul, Shinhan Capital offers a diversified range of financial services, including corporate lending, leasing, instalment and investment financing, and project finance. Its local expertise provides deep access to proprietary deal flow in a market increasingly characterized by structural funding gaps. Against this backdrop, the fund is positioned as a strategic capital partner, supporting businesses through periods of market dislocation while delivering stable, risk-adjusted returns to investors.

Soo Cheon Lee, Co-Founder and CIO of SC Lowy, said: “South Korea continues to present a compelling opportunity for private credit, supported by strong corporate fundamentals but increasingly constrained traditional lending. Through this partnership, we are well positioned to deploy flexible capital into high-quality opportunities while maintaining a disciplined focus on downside protection.”

Young Gyoo Choi, Head of Investment Finance Group at Shinhan Capital, added: “This collaboration combines Shinhan Capital’s deep local market access with SC Lowy’s global investment expertise. We believe the fund is well placed to address funding gaps in the Korean market while delivering consistent, risk-adjusted returns for investors.”

ENDS

For more information, please contact:

GT

+44 20 3963 1889

sclowy@greentarget.co.uk

Jamie Tadelis

SC Lowy – Chief Product & Investor Officer

Jamie.Tadelis@sclowy.com 

About SC Lowy

SC Lowy is a leading alternative asset manager with $1.5 billion in assets under management, specializing in private credit across Asia Pacific and the Middle East. Founded in 2009, the firm operates out of nine global offices with a team of 40 experienced professionals.

At SC Lowy, we leverage our deep market expertise and local presence to overcome barriers to entry in fragmented markets. Our dedicated local teams cultivate long-standing relationships, granting us prime access to untapped investment opportunities. We focus on solid, cash-generating businesses and prioritize capital preservation, with a strong emphasis on downside protection through senior secured lending backed by hard assets.

About Shinhan Financial Group

Shinhan Financial Group (SFG) is a premier financial services provider in South Korea, established in 2001 as the nation’s first privately-held financial holding company. With a strong market presence, SFG is dual-listed on the Korea Exchange (KRX) and the New York Stock Exchange (NYSE). 

Based on the mission of “Compassionate Finance for the Future,” Shinhan Financial Group promotes shared growth for customers, businesses, and community through its core financial expertise. Shinhan’s diversified portfolio and superior risk management have ensured steady financial growth and enhanced shareholder value. Beyond the limits of the past, the group will embrace change by being “Right, Fast, and Different.” Shinhan remains committed to becoming a “World-Class Shinhan” and delivering new value through “Easier, More Comfortable, and Newer Finance.”