Mastern, Woods Capital team up for tech hub

Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a memorandum of understanding (MOU) with the US-based investment advisory firm Woods Capital to participate in a local tech hub and related industrial complexes.

Under the agreement, Mastern America will raise funds, secure investments, and handle various aspects of real estate and infrastructure development, including attracting companies, schools, and institutions from Asia, including South Korea.

Woods Capital will provide the necessary information and network support for forming consortium members involving Asian companies in the tech hub and related industrial complex development and negotiating subsidies with the US government.

Write to Byeong-Hwa Ryu at hwahwa@hankyung.com