Bearstone Partners
Est. dry powder
$13.5M
Raised, not yet invested
AUM
—
Not reported
Latest fund
$4.1M
WFBS First Corporate Financial Stability
Est. cheque size
$225.2K–
From fund sizes
Deals, last 12 months
1
Last seen investing Dec 2025
About Bearstone Partners
Established in 2022, Bearstone Partners is a private equity and debt firm based in Seoul, South Korea. The firm invests in a wide range of sectors domestically. Funds under management were under Mugunghwa Private Equity previously, but the ownership has been transferred to Bearstone Partners.
- Type
- Private Equity Firm
- Headquarters
- Seoul, South Korea
- Est. cheque size
- $225.2K–$3M
- Sectors
- Diversified
- Regions
- Asia
- Strategies
- Buyout
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- —1
Across 2 deals
Portfolio sectors
- Energy Storage & Batteries1
- Ship Building & Repair1
Across 2 companies
Portfolio countries
- South Korea2
Across 2 companies
Recent investments
Newest 2 of 2
- Unspecified Round$10.4M
JR Energy Solution
Dec 2025 · Unspecified Round
- ——
Shinhan Heavy Industries Co., Ltd.
Jan 2021 · —
Offices
1 location
- Seoul, South KoreaHQ
Questions about Bearstone Partners
How much does Bearstone Partners invest per deal?
Based on the size of its funds, Bearstone Partners writes estimated cheques of $225.2K–$3M. Lead cheques usually sit at the top of that range and follow-on cheques lower.
How much capital does Bearstone Partners have left to invest?
Bearstone Partners has an estimated $13.5M in dry powder: capital it has raised but not yet invested.
What has Bearstone Partners invested in recently?
Recent investments include JR Energy Solution and Shinhan Heavy Industries Co., Ltd.. It made 1 investments in the last 12 months.