About the Fund
Launched in July 2014, Nexen Global Co-investment Fund “Nexen Global Fund” was formed in partnership with strategic partners Nexen Corporation and Nexen Tire Corporation (collectively “Nexen”), leading Korean companies engaged in tire and tire components manufacturing.
The Nexen Global Fund was established pursuant to the Corporate Partnership Program of National Pension Service of Korea, an initiative designed to assist Korean companies expand internationally. The Nexen Global Fund’s investment mandate will focus on global strategic investments related to Nexen’s core tire business and automotive supplies to help further expand Nexen’s international presence.
Nexen Global Fund focuses on investments that exhibit the following attributes:
- US$50 – 300 million equity deal size
- Preference for control
- Synergies with Nexen’s core business in tires