[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Aespann_jeans [@a1071364](/creator/twitter/a1071364) on x 13.1K followers Created: 2025-07-24 08:51:02 UTC LB Investment sold its stake in HYBE, originally acquired for XXX billion KRW, for a staggering XXXXX billion KRW, achieving an investment return of 1,671%. It was truly a "jackpot" deal. Moreover, as the fund’s liquidation deadline approached in 2019, LB Investment was the first to express its intent to sell its HYBE stake. It is reported that LB Investment had been consistently requesting HYBE to facilitate the sale of its shares since 2018. A senior official at LB Investment stated, “Venture capital funds cannot distribute assets in kind upon maturity, so when the fund’s term nears its end, we diligently work on selling our portfolio. In HYBE’s case, with the IPO timing uncertain and the fund’s maturity approaching, we had no choice but to proceed with the sale.” Another early investor, AlpenRoute Asset Management, acquired a XXXX% stake in HYBE for XXXX billion KRW in 2018. About one and a half years later, in November 2019, it sold this stake to Mainstone, a special purpose company (SPC) established by Easton PE and Newmain Equity. The backdrop to AlpenRoute Asset Management’s quick disposal of its HYBE stake was the “Lime scandal.” In October 2019, Lime Asset Management announced a redemption suspension due to issues with collateral deficiencies. This incident sparked widespread scrutiny regarding the overall soundness of asset management firms.  XXXXXX engagements  **Related Topics** [chapter 11](/topic/chapter-11) [south korean won](/topic/south-korean-won) [return on investment](/topic/return-on-investment) [investment](/topic/investment) [Post Link](https://x.com/a1071364/status/1948304907485786338)
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Aespann_jeans @a1071364 on x 13.1K followers
Created: 2025-07-24 08:51:02 UTC
LB Investment sold its stake in HYBE, originally acquired for XXX billion KRW, for a staggering XXXXX billion KRW, achieving an investment return of 1,671%. It was truly a "jackpot" deal. Moreover, as the fund’s liquidation deadline approached in 2019, LB Investment was the first to express its intent to sell its HYBE stake. It is reported that LB Investment had been consistently requesting HYBE to facilitate the sale of its shares since 2018.
A senior official at LB Investment stated, “Venture capital funds cannot distribute assets in kind upon maturity, so when the fund’s term nears its end, we diligently work on selling our portfolio. In HYBE’s case, with the IPO timing uncertain and the fund’s maturity approaching, we had no choice but to proceed with the sale.”
Another early investor, AlpenRoute Asset Management, acquired a XXXX% stake in HYBE for XXXX billion KRW in 2018. About one and a half years later, in November 2019, it sold this stake to Mainstone, a special purpose company (SPC) established by Easton PE and Newmain Equity.
The backdrop to AlpenRoute Asset Management’s quick disposal of its HYBE stake was the “Lime scandal.” In October 2019, Lime Asset Management announced a redemption suspension due to issues with collateral deficiencies. This incident sparked widespread scrutiny regarding the overall soundness of asset management firms.
XXXXXX engagements
Related Topics chapter 11 south korean won return on investment investment