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MBK Partners

Private equity

Seoul · Growth–Late Stage · 29 people tracked

Also known as Mbk Management, Inc. · MBK Partners K.K.

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Investment thesis

MBK Partners operates as North Asia's largest independent private equity firm, concentrating exclusively on the Korean, Japanese and Chinese markets. It leverages deep regional insight, local relationships and multinational experience to source, execute and manage investments. Its core strategy centers on management-led buyouts, partnering with company leadership on strategy, capital structure optimization, corporate governance and growth. A separate Special Situations strategy provides customized capital solutions with equity-like returns and structured downside protection to companies with limited access to capital. The firm targets industry-leading companies across telecom/media, financial services, consumer/retail, healthcare and other sectors to build long-term value for investors.

Invests inConsumerFintechHealthtechMedia & EntertainmentRetail TechSector AgnosticAsia-PacificChinaHong KongHong KongJapanSeoulSouth Korea

Source: firm website, verified Aug 11, 2026.

Stage
Growth–Late Stage
HQ
Seoul, KR
Leads rounds
Leads
Instruments
Equity · Debt
Founded
2005
AUM
$33B
Tracked investments
1

Team · 29 people

from the firm's website
Byungok Na· Managing Director

Managing Director in Seoul, previously a business analyst at McKinsey & Company.

Investments · 1 tracked

founders shown can be your intro path
CARmbkpartners.com

Fund performance · per public LP disclosures · 4

as of Jun 2025
FundVintageCommittedNet IRRTVPIDPI
MBK Partners Fund VILPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Florida State Board of Administration +1 more20240.81x0.00x
MBK Partners Fund V, L.P.LPs: California State Teachers' Retirement System, Los Angeles County Employees Retirement Association, New Jersey Division of Investment +4 more20199.5%1.26x0.03x
MBK Partners Fund IV, L.P.LPs: Oregon Public Employees Retirement System, California State Teachers' Retirement System, Los Angeles County Employees Retirement Association +3 more20179.2%1.56x0.42x
MBK Partners Fund III, L.P.LPs: Los Angeles County Employees Retirement Association, Maryland State Retirement and Pension System201310.0%1.56x1.53x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does MBK Partners invest at?
MBK Partners invests at the Growth, Late Stage stages.
What sectors does MBK Partners focus on?
MBK Partners focuses on Consumer, Fintech, Healthtech, Media & Entertainment, Retail Tech, Sector Agnostic.
Where is MBK Partners located?
MBK Partners is headquartered in Seoul, KR.
Does MBK Partners lead rounds?
Yes, MBK Partners leads investment rounds.

Images

MBK Partners photo

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