# Bearstone Partners

Source: https://capitalatlas.ai/funds/bearstone-partners

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

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.

## Facts

- Type: Private Equity Firm
- Headquarters: Seoul, South Korea
- Founded: 2022
- Estimated dry powder: $13.5M
- Latest fund: WFBS First Corporate Financial Stability, $4.1M
- Estimated cheque size: $225.2K–$3M
- Sectors: Diversified
- Regions: Asia
- Last seen investing: Dec 2025
- Investments in the last 12 months: 1

## Recent investments (newest 2 of 2)

- Dec 2025: JR Energy Solution (Unspecified Round, $10.4M)
- Jan 2021: Shinhan Heavy Industries Co., Ltd. (—)

## Questions

### 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.

### Where is Bearstone Partners based?

Bearstone Partners is headquartered in Seoul, South Korea.

### How do I contact Bearstone Partners?

Partner names, emails and LinkedIn profiles for Bearstone Partners are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 2 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/bearstone-partners) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `c3cba226-f7a9-45af-95d9-d6762e60f406`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.