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Report: Hahn & Co. secures $3.2B for 2 South Korea-focused funds

Hahn & Co. obtained $3.2 billion for two South Korea-focused funds, Bloomberg News reported, citing a person with knowledge of the matter.

The Seoul-based private equity firm founded by former Morgan Stanley banker Scott Hahn pulled in $2.7 billion for its third buyout vehicle and $500 million for a co-investment fund from overseas investors, the source said.

A representative for Hahn & Co. did not comment on the fundraising, according to Bloomberg.