Korean buyout firm VIG Partners sells 10% stake in Preed Life for $43m

Korean buyout firm VIG Partners sells 10% stake in Preed Life for $43m

Photo by Mayron Oliveira on Unsplash.

Korean buyout firm VIG Partners on Friday announced that it has sold a 10% stake in Preed Life, a domestic pre-need funeral service provider, to Mastern Partners, the private equity arm of real estate asset manager Master Investment Management.