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Amorepacific Group
Amorepacific Group was founded in 1959 by Suh Sung-whan as a cosmetics manufacturer. Suh Kyung-bae succeeded his father and now serves as chairman and CEO.
Amorepacific Group
Amorepacific Group was founded in 1959 by Suh Sung-whan as a cosmetics manufacturer. Suh Kyung-bae succeeded his father and now serves as chairman and CEO. The family maintains control through direct holdings and succession planning that includes Suh Min-jung. The group invests as a corporate vehicle alongside its manufacturing base. Capital supports consumer-product themes through direct stakes and accelerator activity. Confirmed relationships include FuturePlay as co-investor in the TechUP program. Geographic reach centers on South Korea with an industrial facility in Iskandar Puteri, Malaysia. No public headcount or AUM figures exist. Adjacent vehicles include the Amorepacific Empathy Foundation and the Suh Kyung-bae Science Foundation. Suh Kyung-bae previously chaired the Korea Cosmetic Association. No operational events from the last 24 months appear in available records. The firm’s architecture links investment activity to an operating cosmetics company rather than a standalone family office or fund manager. This integration shapes mandate, sourcing and liquidity.
General information
Firm type
Corporate Investor
Year founded
1959
AUM
Undisclosed
Location
Region
Asia
Country
South Korea
City
Seoul
Corporate office
Seoul, South Korea
Principals
Suh Kyung-bae
Chairman and CEO
Seung-hwan Kim
CEO of Amorepacific Holdings
Sector focus
Frequently asked questions
Who runs investment decisions at Amorepacific Group?
Suh Kyung-bae serves as chairman and CEO. Investment activity sits inside the operating company rather than a separate vehicle.
How does Amorepacific Group source proprietary deal flow?
The firm runs the TechUP accelerator program with FuturePlay. This channel supplies early-stage opportunities tied to consumer and beauty themes.
Is Amorepacific Group structured as a single family office?
No. It operates as a corporate investor owned by the Suh family and integrated with the manufacturing business.
Does Amorepacific Group participate in fund commitments or only direct deals?
Available records show direct co-investments and accelerator activity rather than third-party fund commitments.
Where does the underlying wealth come from?
Wealth originated from the cosmetics and consumer-products company founded by Suh Sung-whan in 1959.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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