STIC Investments

STIC Investments is an investment firm based in Seoul, Korea, founded in 1999. It engages in private equity and venture capital activity, including management buyouts, acquisitions, restructurings, replacement capital, turnaround deals, and public-to-private transactions, with a focus on technology and a broad mix of sectors such as ICT, industrials, business services, biology, healthcare, consumer, consumer technology, games, and entertainment. The firm seeks to support promising businesses and drive growth across Asia, aiming to foster growth and prosperity in regional economies.

Jong Ha Bae

Operating Partner

Jinsoo Bae

Principal, Private Equity

Andy Chang

Managing Partner, Head of Greater China Team and Greater China / Partners Committee Member

Se-Ho Chang

Managing Director, Private Equity

Jason Cho

Managing Partner, Head of Singapore and Private Equity / Partners Committee Member

Past deals in Private Equity Round

Musicow

Private Equity Round in 2022
Musicow, Inc. is a company based in Seoul, South Korea, that operates an online platform facilitating the investment in music copyrights. Founded in 2017, Musicow allows musical artists to share their copyright with fans, enabling fans to invest in K-Pop songs through a public auction or an online marketplace. The platform offers users the ability to buy and sell fractional ownership of music rights, thereby creating opportunities for fans and investors to earn royalties based on the streaming and usage of the songs. Additionally, Musicow features a secondary marketplace for music copyright trading and project financing, enhancing participation in the music industry and allowing for potential returns on investments.

Carousell

Private Equity Round in 2021
Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

Hanwha Systems

Private Equity Round in 2017
Hanwha Systems Co., Ltd. is a South Korean company specializing in defense products and technologies. Established in 1978 and headquartered in Seoul, the company provides a wide range of solutions, including land systems for command, control, and communication, reconnaissance, and surface-to-air missile defense. Its naval systems encompass combat management, underwater surveillance, and unmanned systems. In the aerospace sector, Hanwha Systems develops fixed and rotary wing aircraft, unmanned systems, and satellite technologies. Additionally, the company offers IT services such as system integration and cloud management. Formerly known as Hanwa Thales Co., Ltd., Hanwha Systems has evolved to leverage advanced information and communication technology, positioning itself as a leader in the defense electronics industry while also catering to sectors such as finance, manufacturing, construction, and services.

UBCare

Private Equity Round in 2015
UBCare is a South Korea-based healthcare technology company that delivers integrated information solutions and health management services. It provides healthcare solutions across divisions including electronic medical record (EMR) systems, distribution, pharmaceutical data, and manufacturing, enabling healthcare providers and pharmaceutical operations with data-driven tools and services.

LIG Nex1

Private Equity Round in 2013
LIG Nex1 Co., Ltd. specializes in the development and production of advanced precision electronic systems and weaponry. The company offers a diverse range of products including missile systems, underwater weapon systems, radar technology, electronic warfare solutions, avionics, and naval combat systems. Additionally, LIG Nex1 focuses on areas such as precision guided munitions, intelligence, surveillance, reconnaissance, command and control, unmanned robotics, and cyber warfare. Its comprehensive portfolio encompasses ground-based guided missiles, radar systems, and various mission systems designed for military applications. Operating on a global scale, LIG Nex1 plays a significant role in the defense industry by providing cutting-edge technologies and systems.
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