Korea Post's $27 billion insurance division is inviting local and global multi-strategy funds of hedge funds to bid for new mandates.
Tag : korea post
Its $62 billion savings bureau is asking local and global managers to apply and will select finalists in four strategies. Winners will join a pool for allocations yet to be determined.
In a letter to AsianInvestor, the government-controlled entity’s chief performance officer, Jurng Chuljoong, examines private equity, special situations, venture capital and hedge funds.
In a letter to AsianInvestor, the chief performance officer of Korea Post, Jurng Chuljoong, outlines where he sees investment opportunities in real assets.
South Korean institutions are increasingly investing overseas in a bid to resolve their asset-liability mismatches.
The former head of real assets at Korea Post says Korean institutional investors are set to pour money into global alternative investments.
The $50 billion savings fund requests pitches in by October 31 to allocate a minimum of $30 million to a secondary private-equity fund.
The insurance arm of Korea Post wants private-equity fund managers to team up with local brokers and pitch.
Pension funds and insurers in South Korea are pleased with their response to the global financial crisis and more confident about future investment plans, including those for alternatives.
