KoreaÆs NPS secures $5 billion in commitments
MBK Partners will work with the National Pension Service to attract $2 billion capital for investments in Korea. Oaktree has allotted $3 billion for investments in Korea.
The National Pension Service (NPS) is working double-time to convince private equity firms to invest in Korea. The NPS has just announced a strategic partnership with local private equity firm MBK Partners, a day after sealing a similar pact with US-based Oaktree Capital Management. The pension fund is also in talks with another yet-to-be named entity that could bring in an additional $3 billion in local investments.MBK and the NPS will be working together to attract $2 billion capita…
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