Daesung Private Equity, Inc. is a private equity and venture capital firm specializing in incubation and start-up to growth stages. It typically invests in venture companies. The firm also invests in corporate restructurings and secondary markets. It considers investments in the following sectors: biotechnology; broadcasting; clothing; cultural contents, including entertainment, such as movies, musicals, and Korean television series; digital television; display; electricity; electronics; environment and energy technology; food and beverage; fisheries and related sectors; information communication, such as telecommunications, and technology; machinery; nanotechnology; online, mobile, and video gaming; parts and materials; semiconductor and semiconductor equipment; and textile and fashion. The firm also invests in companies that own patents; and in converged contents across cultural industry genres and in converged contents between cultural industry and technology. It also considers investments in low to mid budget Korean movies based on total net production costs. For these investments, the firm invests in movies with the total net production cost less than KRW 5 billion (USD 4.4 million) for mid budget and KRW 1 billion (USD 0.88 million). Investments in planning and development stage before the scenario completion are considered low budget investments. For such investments, it is prohibited to make investments in cross-shareholding; equity investments in production companies; investments in movies with on-going production or production starting in three months or less; and investments in public companies and their affiliates. The firm primarily invests in South Korea with a focus in Seoul, South Korea; Gyeonggi-do, South Korea; and Chungcheongnam-do, South Korea. It also considers investments in companies based in Daegu, South Korea and Gwangju, South Korea. Daesung Private Equity, Inc. was founded in 1987 and is based in Seoul, South Korea with additional offices in Daegu, South Korea and Gwangju, South Korea.