Oscar & Company Announces Completion of Registration for Affiliate Oscar Asset Management as a Private Collective Investment Business
By Sungsoo Kim, Edaily
Oscar & Company announced on the 30th that its affiliate, Oscar Asset Management, has been officially registered with the Financial Services Commission as a private collective investment business.
The newly established Oscar Asset Management plans to offer real estate-focused private equity funds to professional investors. In collaboration with Oscar & Company, the firm aims to actively explore new investment opportunities, generating synergies in real estate development projects.
Kim Do-Gyun, the CEO of Oscar Asset Management, previously served as the CEO of Daelim AMC, the REITs asset management company of the DL Group. He has extensive experience in real estate trust and REIT investment, having worked at Hana Asset Trust, a subsidiary of Hana Financial Group, and KT AMC, a subsidiary of KT.
Kim’s experience spans various areas of real estate business, including apartment development, sales and leasing, office acquisition and development, and corporate headquarters development and management.
Kim stated, “The future of real estate will inevitably involve the integration of rental property development and collective investment. Our goal is to become a specialized real estate asset management company that creates new spaces by leveraging technologies like artificial intelligence (AI) and the metaverse.”
Oscar & Company provides real estate-based services, including asset management, marketing, acquisition and sales agency, and consulting. After rebranding in June, the company signed a real estate investment advisory partnership with Shinhan Bank and was selected as the sales advisor for key gas stations under Koramco Energy REIT, further expanding its business operations.