Private Equity

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S2L Partners

S2L Partners is a venture capital firm founded in 2016 in Seoul, South Korea. It invests in start-ups, SMEs, and venture companies. The firm has made 11...

S2L Partners logo

S2L Partners

S2L Partners is a venture capital firm founded in 2016 in Seoul, South Korea. It invests in start-ups, SMEs, and venture companies. The firm has made 11 investments, including a Series A investment in Next Level Studio on January 27, 2026.

General information

Firm type

Private Equity

Year founded

2016

AUM

Undisclosed

Location

Region

Asia

Country

South Korea

City

Seoul

Corporate office

Seoul, South Korea

Principals

Yong-yi Lee

Partner/CEO

Jin-soo Kim

Partner/Executive Director

Frequently asked questions

Who runs investment decisions at S2L Partners?

Partner and CEO Yong-yi Lee and Partner Jin-soo Kim lead the investment team. Lee previously worked at SBI Investment and Hanwha Investment; Kim's experience includes IBK Capital and Hanwha Investment, per the firm's website.

Does S2L Partners focus solely on venture capital or also do buyouts?

The firm invests across the spectrum. Its stated strategy includes early-stage venture (seed and start-up), growth equity, and buyout transactions. Turnaround situations are part of the mandate. This hybrid approach is unusual among Korean small-cap managers, who typically specialize in either venture or private equity.

Which sectors does S2L Partners target?

S2L has not published a specific sector focus. Its team biographies show broad experience across Korean venture-backed and mid-market companies, suggesting a generalist approach to private Korean businesses rather than a thematic or industry-specific mandate.

Where is S2L Partners' capital deployed geographically?

All disclosed operations and team members are based in Seoul. The firm's website references domestic small and medium-sized enterprises, indicating a primary — likely exclusive — focus on South Korea.

How is S2L Partners structured compared to other Korean small-cap firms?

S2L consolidates early-stage venture and later-stage private equity investing under a single team and single partnership, rather than separating them into distinct funds or management companies. This gives the firm a straightforward governance model where the same partners can back a company from seed to buyout.

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