The National Pension Service Fund Management Headquarters announced on the 30th that it has selected three institutions as domestic private equity fund (PEF) delegated asset managers this year.
After announcing the selection plan in March and going through the proposal review process, the Fund Management Headquarters finally selected Macquarie Asset Management, IMM Private Equity, and Han & Company.
The funds of the domestic alternative investment delegated asset managers selected this time are expected to operate based on an investment period of 5 years and a fund maturity of 10 years, and the Fund Management Headquarters plans to allocate up to 800 billion KRW.
As of the end of April this year, the National Pension Service manages alternative investment assets such as private equity and real estate, accounting for 16.1% of the total fund assets, approximately 156.8 trillion KRW.
Seo Won-ju, head of the Fund Management Headquarters, said, "We will continue to promote diversification of the National Pension Fund portfolio, including expanding alternative investments, and strive to enhance the fund's long-term stability and profitability."
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