STIC Investments started in 1999 as a venture capital specializing in IT investment. Some might say six years is a short period of time, but during six years, we grew more than 50% annually and positioned ourselves as one of the leading venture capital companies in Korea. Now, STIC Investments manages fund larger than $300M as we expand into private equity investment.
We believe our success was attributable to corporate culture based on disciplined professionalism. To gain trust from investors, STIC Investments invested its own capital along with Limited Partners to align interests between partners. To gain trust from portfolio companies, we leveraged our network and in-house expertise to provide them the right support. We believe our efforts targeted at satisfying our partners were the key to success and confided us to expand business into Private Equity and Secondary investment.
But our success was mostly driven by every people at STIC. We firmly believe that competence of an investment company lies in the intelligence and passion of our people. To live up to our belief, we work with the best investment managers with depth of experience in finance and engineering, accounting and marketing.
Our accumulated efforts brought us a global recognition. Mitsubishi Corporation of Japan and ZAD Investment of Saudi Arabia are shareholders of STIC Investment, and major institutional investors in Middle East, UK, and Singapore have become key investors in STIC partnerships.
Last year, for the first time in Korea financial history, STIC attracted the first long-term investment of US$ 10 million. But that is only a beginning. We plan to attract more investment and establish ourselves as an investment house managing more than US$ 1 billion in cooperation with our partners.
Everyone at STIC Investments is proud to be number one in Korea. Since our first establishment in Silicon Valley, we are now expanding our reach to Pan-Asia region to become a global investment house. I hope this website would walk you through the past, present and future of STIC Investments and assure you that you can count on us. Thank you for visiting.