Hana Bank

Hana Bank operates its trust and custody division on behalf of Korean pension clients — including the National Pension Service — under a regulated entity wall. Its proprietary alternatives book is managed through a distinct group within Hana Financial Group, with separate investment committees and reporting lines designed to prevent conflict between fiduciary clients and proprietary principal positions.

The bank places capital across real estate equity and debt, infrastructure, private credit, and mid-market private equity fund commitments. Real estate exposure favors stabilized, income-producing assets in major U.S. and European gateway cities. The credit book includes senior secured loans to asset-heavy sectors such as data centers and logistics.

Hana Bank uses a hybrid model: it commits to third-party funds, particularly North American mid-market buyout vehicles, and also participates in direct co-investments alongside those managers. Its real estate and infrastructure programs favor direct and club-deal structures rather than fund-of-funds layers.

Hana Bank is the flagship commercial banking subsidiary of Hana Financial Group. Hana Financial Investment operates as the group's securities and investment banking arm, running separate direct-lending and placement activities that sometimes overlap with the bank's alternatives program, particularly in cross-border mandates.

The bank concentrates its overseas alternatives deployment in the United States, the United Kingdom, and northern Europe, with selective exposure to Australian infrastructure. It has historically avoided emerging-market alternatives in favor of OECD jurisdictions where it can access hard-currency, income-generating assets.

Investment authority rests with the bank's trust and alternatives division, under the CEO's oversight. Ham Young-joo, who became CEO in 2023, previously led Hana Financial Group's global strategy efforts, bringing direct cross-border experience to the bank's principal investment posture.

Hana Financial Group runs Hana Ventures, a corporate venture-capital arm that invests in Korean deep-tech and fintech startups. Hana Bank itself maintains a smaller domestic venture allocation that feeds into the group's innovation pipeline, distinct from its global alternatives book.