Korea’s Mirae Asset Global Investments is looking to outsource management of a 300 billion won (US$206 million) carbon neutral renewable energy fund to a locally registered investment firm.
The fund will have a four-year investment period and invest in local small and mid-sized firms in the renewable energy, electric vehicles and energy storage systems industries.
The investee firms must have a minimum seven years of business experience and allocate at least 10% of their total investments to fuel conversion, expansion of renewable energy, or construction of intelligent power grids, according to Mirae Asset’s request for proposal on February 6.
It will pick the winning bidder by the end of March and establish the fund by June.
Applications are open until March 9.
Mirae Asset Global Investments managed around $729.5 billion of assets as of June 2025.
