[RFP] Korea Post plans to invest $200 mn in PE secondary funds
Apr 01, 2019 (Gmt+09:00)
Korea Post’s savings arm will select two global private equity funds to invest around $200 million in private equity secondary markets, according to its announcement on April 1.
It will commit $100 million each to the selected fund houses which must have a track record of a secondary commingled fund before the 2008 financial crisis.
Korea Post will receive proposals for the mandate by April 12 and finalize the selection in June.
Yeonhee Kim edited this article
-
Pension fundsNPS to hike risky asset purchases under simplified allocation system
May 02, 2024 (Gmt+09:00)
-
Real estateUS multifamily market challenges create investment opportunities
Apr 30, 2024 (Gmt+09:00)
-
Mergers & AcquisitionsSTIC Investments to sell Korea’s top mobile coupon platform
Apr 30, 2024 (Gmt+09:00)