IGIS Asset Management (also IGIS; short for Integrated Global Investment Solution) is a real estate investment firm headquartered in

Seoul, South Korea Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of ...

. In 2022, IREI ranked IGIS as the second largest real estate manager in Asia based on assets under management.

Background

The firm was founded in 2010 as PS Asset Management by Kim Dai Young. In 2012, the firm was rebranded to IGIS Asset Management. In 2015, Kim stepped down from managing duties of the firm and was succeeded by Cho Kab Joo and Andie Kang who would become Co-CEOs of the firm. Later on Joseph Lee also became an additional Co-CEO of the firm. In 2018, the firm filed for an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the

Korea Exchange Korea Exchange (KRX) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul. History The Korea Exchange was created through the integration of Ko ...

but the process was stopped after the death of Kim in October. There was a change in ownership of the firm where 45.5% of its shares were transferred to Kim's wife while their son and daughter will inherit none of the shares and would not be involved with management of the firm. The firm established IGIS Private Equity in 2018. In 2021, it was acquired by

Blackrock BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...

. The firm has a

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

arm named IGIS Investment Partners.

Properties

* Axa Equitable Center *

Millennium Hilton Seoul Millennium Hilton Seoul is a luxury hotel in Seoul, part of Hilton Hotels & Resorts. The hotel opened in 1983 as the Seoul Hilton and is located at 50 Sowol-ro, Jung-gu, in the central business and shopping district in downtown Seoul. The hote ...

The One The ONE is a shopping centre in Tsim Sha Tsui, Kowloon, Hong Kong. It is built on the site of the former Tung Ying Building at 100 Nathan Road. It was developed by Chinese Estates Holdings and opened in 2010. Owner Joseph Lau Luen-hung g ...

* Trianon

References

External links

* {{DEFAULTSORT:IGIS Asset Management 2010 establishments in South Korea Companies established in 2010 Companies of South Korea Financial services companies established in 2010