Union Investment Partners

The firm invests from seed and early-stage through expansion and late-stage venture, alongside a dedicated secondary practice that purchases LP interests and direct company stakes. This full-lifecycle approach is unusual in the Korean market, where most managers focus on a single stage band.

Yes, secondaries form a distinct part of the firm's strategy. Union IP acquires limited partner interests in Korean venture funds and negotiates direct secondary purchases of private company shares, providing liquidity to early investors while building its own portfolio at adjusted valuations.

All currently known investment activity is concentrated in the Korean market. The firm sources deals from Seoul's venture community, which includes technology-enabled consumer services, enterprise software, and industrial technology companies serving domestic and regional demand.

Most Korean venture managers specialize in a single stage, often early-stage, whereas Union IP operates across seed, growth, and secondaries under one roof. This creates an internal pipeline where the firm can continue backing portfolio companies into later rounds and simultaneously acquire secondary positions from other funds.

The firm has not publicly disclosed the names of its managing partners or investment committee members. Principal details remain private, which is not uncommon among smaller Korean asset managers that rely on direct relationships rather than public branding.