Established in 2008, Biofuel Holdings engages in the collection, processing and manufacturing of UCO (Used Cooking Oil), FW (Food Waste Oil) and animal tallow used in the production of eco-friendly biofuel such as bio heavy oil, biodiesel, HVO (Hydrotreated Vegetable Oil) and SAF (Sustainable Aviation Fuel).

Established in 2011, D.Share is a leading online + offline education platform, which offers English education service to middle + high school students nationwide through its carefully-tailored online courses and its 1:1 management tutors in nationwide offline branches.

Preed Life is the merged entity of Joun Life, a Fund III portfolio company, and Preed Life, a Fund IV portfolio company.

Established in 2005, Joun Life is a leading funeral service (“Sangjo”) provider, which offers both at-need and pre-need Sangjo products.

In June 2020, Joun Life acquired Preed Life, the No.1 funeral service provider in Korea. In January 2021, Preed Life has become the surviving entity after the completion of a reverse merger.

VIG Partners sold its controlling stake to Woongjin Group, a Korean chaebol group focused on education and publishing in April 2025.

Established in 2016, Kundal is an emerging local household and personal care company that sells hair and body care products through e-commerce platforms. Kundal has expanded its product offerings to various categories ranging from body care, fabric softeners to diffusers.

BEF (formerly known as BioEnergyFarmAsan) is a fully vertically integrated food waste treatment company formed through its merger with Daewon Plant, a Fund IV portfolio company.

Established in 2012, BEF operates the largest licensed treatment facilities among private operators in Korea. The Company specializes in co-processing liquidized food and livestock waste to produce biogas, which is then converted into renewable energy sources such as Compressed Bio Gas (CBG) and electricity.

In 2024, Fund IV expanded its portfolio in the food waste treatment sector by acquiring Daewon Plant, a leading comprehensive food waste recycling company. Following the merger with Daewon Plant in 2025, BEF achieved complete vertical integration within the food waste treatment industry, solidifying its dominant market position and unlocking stronger operational synergies across its value chain.

Established in 2018, FASSTO is a fast-growing fulfillment service provider that offers fulfillment service to small and mid-sized enterprises and warehouse management service to existing local logistics centers.

Established in 2000, Teazen is a leading tea-based health drinks company that offers not only traditional tea ingredients such as pu'er tea, green tea, and black tea, but also various tea-based functional beverage such as kombucha, organic barley sprout powder, and grapefruit green tea.

In particular, Teazen has a dominant market position in the Korean kombucha industry on the back of the success in commercializing the powder-type kombucha products utilizing freeze drying technology in 2019 for the first time in the world.

Established in 2015, SMARTSCORE operates Korea’s No.1 golf service platform along with the widest coverage of partnered golf courses and the highest number of active user base nationwide on the back of in-house developed monitoring solution for golf courses and score management service for golfers.

Established in 2007, EastarJet received the best LCC airline award from the Korean Standard Service Quality Index (KSSQI), and since then, EastarJet has grown to become a trusted low-cost carrier in Korea, with accumulated passengers of over 10 million in 2014. EastarJet flew its first aircraft in January 2009 starting with Gimpo-Jeju route and entered the international flight market in December 2009.

Preed Life is the merged entity of Joun Life, a Fund III portfolio company, and Preed Life, a Fund IV portfolio company.

Established in 2005, Joun Life is a leading funeral service (“Sangjo”) provider, which offers both at-need and pre-need Sangjo products.

In June 2020, Joun Life acquired Preed Life, the No.1 funeral service provider in Korea. In January 2021, Preed Life has become the surviving entity after the completion of a reverse merger.

VIG Partners sold its controlling stake to Woongjin Group, a Korean chaebol group focused on education and publishing in April 2025.

Established in 2000, Autoplus is a leading used car retailer and auto-service provider. Autoplus is also the only company in Korea that sells certified pre-owned (“CPO”) cars for domestic automobile brands.

Established in 2005, PNC Labs is the nation’s largest manufacturer of facial masks that are primarily used for skincare purpose.

Youyoung manufactures fabric upper materials for athletic footwear and supplies its products to global athletic brands such as Nike and Adidas.

Established in 2005, Winplus is a leading nationwide food wholesaler in Korea. Winplus operates directly-owned stores and distributes proprietary brand products to thousands of restaurants and grocery retailers nationwide.

In February 2020, Winplus acquired Foodist, the food wholesale and catering division spun out from Hanwha Group. In January 2021, Foodist has become the surviving entity after the completion of a reverse merger.

VIG Partners sold its controlling stake to Sajo Group, a leading F&B focused Korean chaebol group in June 2024.

Established in 2012, Star Vision is a leading contact lens retailer in Korea. Star Vision possesses its own brand of “O-Lens” contact lenses which are sold in its nationwide franchise stores. In 2014, Star Vision also launched its own Scandinavian-design fashion sunglasses brand "CARIN."

VIG Partners sold its controlling stake to a consortium of PS Alliance, a leading private equity firm in Korea, and Starvision's founder in June 2022.

Established in 2006, Bonchon is a global franchisor operating casual & fast-casual dining restaurants specializing in Korean-style fried chicken and other Asian fusion dishes.

BKR is the exclusive operator of the Burger King franchise in Korea, which is one of the leading nationwide burger quick service restaurant franchises in Korea. The Company also has Food Ingredient business, which is a B2B redistribution business of various imported food ingredients.

VIG Partners sold its controlling stake to Affinity Equity Partners, a leading private equity firm in Asia, in April 2016.

Established in 1976, Samyang Optics is one of only six companies globally that manufacture a complete lineup of interchangeable lenses for DSLR and mirrorless cameras and occupies a profitable niche among the serious photographers and videographers as the high performance manual focus lens alternative to higher priced auto-focus lenses.

After selling 40% stake through an IPO in June 2017, VIG Partners sold its controlling stake to LK Investment Partners, a leading private equity firm in Korea, in August 2019.

Summerce Platform is an online price comparison service provider for online and mobile shopping customers in Korea, which currently is the #2 player in the Korean market. During VIG’s investment, Summerce Platform invested in four subsidiaries including Xgolf – online golf reservation service, SweetTracker – mobile parcel tracking service, ShallWeAd – mobile advertising platform, and ShipGet – overseas direct purchase service.

In July 2018, VIG Partners sold its controlling stake to Korea Center, a leading domestic online shopping application provider.

M Corset is the leading innovator within the Korean innerwear industry with a portfolio of licensed and proprietary brands including Wonderbra, Playtex, Lefee and Missing Dorothy.

VIG Partners sold its stake to the original shareholder of the Company in January 2018.

Bodyfriend is the dominant player in the Korean massage chair industry with the preeminent brand in the industry supported by unrivalled marketing and advertisement spending. Bodyfriend also launched premium latex mattress and non-electric water purifiers to drive additional growth.

VIG Partners sold its controlling stake to Stonebridge Capital, a leading private equity firm in Korea, consortium in July 2022.

Established in 1994, Winche is the only PVC window and sliding glass door manufacturer in Korea that has full in-house capabilities from window profile production to window fitting.

VIG Partners currently holds a 100% stake in the Company along with co-investors.

Hi Parking is a leading parking facility management company, which has been newly established through a spin-off of parking business from Hi Inno Service.

VIG Partners sold its controlling stake to Plat, a subsidiary of Humax, a leading smart home and automotive infotainment solutions provider, in October 2019.