According to local reports, U.S. private-equity firm Carlyle is among the three suitors for KDB Capital, an equipment leasing and venture capital firm and subsidiary of Korea Development Bank.

The report notes the Korea-based bank is selling its entire stake in KDB Capital whose book value is about $514 million.

KDB Capital is engaged in investment, corporate loan, lease service, auto financial service and commercial card businesses. It provides venture, mezzanine, PE and project investments; working capital, structural financing, project financing, factoring and policy loans; industrial machinery, medical equipment and ship leases; auto loans and leases; and card purchasing and distribution services.