– Proposed fund size at minimum $300 mln; proposal submissions due by June 7, 2016
– Funds currently in Korea Post Savings’ hedge fund pool not eligible to apply
Korea Post announced a request for proposal on May 18 to invest part of its savings’ assets in single offshore hedge funds. It requires a proposed offshore hedge fund to have a minimum $300 million in assets with at least a three-year investment horizon. The expected investment size will be decided later on.
The qualified candidates should have a minimum $1 billion in pure hedge fund assets under management, with a three-year track record in offshore hedge funds.
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