# Schmidt

Schmidt is a Private Equity based in Kirkland, South Korea.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Kirkland, South Korea
- **Region:** Asia
- **Address:** Seoul, South Korea
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** schmidt.kr
- **LinkedIn:** https://www.linkedin.com/company/schmidtkr

## Regulatory record

- **CRD number:** 328247
- **SEC file number:** 801-128860
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/328247

## About

Schmidt is an SEC-registered investment adviser in Kirkland, WA, registered since 2023. The firm manages $498 million in assets, $485 million on a discretionary basis. It has 7 employees and 2 investment advisers.

## Sectors

- Mobility & Transportation
- Digital Health
- AI/ML
- Enterprise Software

## People

- Kim Hyun-joon — CEO
- Kwon Jong-min — Partner
- Lee Jae-won — Senior Team Leader
- Shin Hyun-jae — Senior Team Leader

## Questions

### Who runs investment decisions at Schmidt?

CEO Kim Hyun-joon leads the investment team, drawing on two decades of corporate venture and incubation experience at Hyundai Motor Company. Partners Kwon Jong-min, Lee Jae-won, and Shin Hyun-jae each contribute sector-specific deal leadership in mobility, digital platforms, and deeptech. The full team of roughly 10 professionals reviews every submission individually before responding.

### How is Schmidt related to DSC Investment?

DSC Investment is Schmidt’s parent company, described on Schmidt’s website as Korea’s largest VC. The structure channels Schmidt’s early-stage origination into DSC’s deeper follow-on capital base, creating a pipeline where Schmidt leads seed rounds and DSC can scale winners. The economics of this relationship — carry distribution, fee allocation, and decision rights — are not publicly detailed.

### What investment stages does Schmidt target?

Schmidt invests from seed through growth stages, as stated on its own website. The firm starts with early-stage, thesis-driven bets — often at the angel or seed round — and reserves capacity to follow on through later rounds, contributing to a reported 77% follow-on funding rate across its portfolio.

### What is Schmidt’s posture on co-investments alongside external GPs?

As a subsidiary of DSC Investment, Schmidt’s primary co-investment channel is internal to the DSC platform. The firm does not publicly describe a practice of syndicating with unaffiliated VCs, though its TIPS operator role creates a structured co-investment dynamic with government-linked funding. LP-side co-investment policies are not disclosed.

## Related profiles

- [Schlossberg](https://altss.com/profile/schlossberg)
- [Schmidt Family Foundation](https://altss.com/profile/schmidt-family-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/schmidt

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