Korea Post plans to commit up to $500 million to global infrastructure blind-pool funds to make equity investments in core infrastructure assets, according to its request for proposals issued on April 23.
It will receive proposals by May 8 and make a final selection in June.
The state-run agency will split the capital commitment to $300 million and $200 million to selected fund houses which run an infrastructure fund with a target size of at least $1 billion.
By Chang Jae Yoo
<Edited by Yeonhee Kim>