NPS to put $440 mn in Blackstone’s $5 bn core fund
The National Pension Service (NPS) of South Korea will commit 500 billion won ($436 million) to a $5 billion private equity fund that Blackstone Group LP has been raising, an…
Korea firms hold off UK property deals; demand seen reviving after price drops – reports
Three to four South Korean institutions, including asset management firm Hyundai Investments, have put on hold a planned joint purchase of an office building in Scotland, Princes Exchange, for about…
[RFP] Korea’s govt pension seeks $100 mn offshore mezzanine fund managers
![[RFP] Korea’s Govt Pension Seeks $100 Mn Offshore Mezzanine Fund Managers](http://www.koreaninvestors.com/wp-content/uploads/2016/07/GEPS-logo.jpg){kind=logo}
South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 6 that it would select two global private debt fund managers for a combined $100 million mandates in…
[Editor’s Note] Korea funds warm up to private debts
Private debt products such as senior secured loans, collateralized loan obligation and mezzanine debt in the U.S. and European markets have become one of favorite asset classes of Korean institutional…
KIC completes senior officials reshuffle with 2 steering committee member picks
(Updated on July 12, 2016 to clarify a previous business title of Chun-woong Park, a new steering committee member, as the head of the Korean arm of Eastspring Investments) Korea Investment Corporation…
[RFP] Korea’s GEPS seeks $170 mn fund of funds managers of global stocks, bonds
South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 1 to invite bids for a 100 billion won ($87 million) mandate for global equity fund of funds…
Korea Post names new insurance asset head from within; 3rd replacement in 1 year
Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief investment officer role for the agency’s…
[RFP] Korea police fund invites bids for $87 mn blind fund mandates
The Police Mutual Aid Association (PMAA) of South Korea issued requests for proposals on July 1 for 100 billion won ($87 million) mandates that it would award to blind fund…
Korea’s GEPS CIO says to invest fresh $375 mn in alternatives in 2016
South Korea’s Government Employees Pension Service (GEPS), managing $6 billion of assets, will make an additional investment of about 430 billion won ($375 million) in alternative assets this year, as…
NPS’ 2015 return beats key foreign pension funds; to take passive equities strategy
The National Pension Service’s (NPS) investment return dipped to 4.57% in 2015, but its performance outstripped those of other top five pension funds in the world, South Korea’s welfare ministry…