Editor's note
[Editor's Note] Korea funds warm up to private debts
Jul 06, 2016 (Gmt+09:00)
1
Min read
Most Read
S.Korea's LS Materials set to boost earnings ahead of IPO process
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
Galaxy Ring, new foldables set to steal the show at Samsung Unpacked Paris
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
POSCO gears up for carbon-free steelmaking with hydrogen
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
South Korea sets sights on fostering EDA tech to win HBM chip war
![close](/images/ico/eyes/close.png)
![open](/images/ico/eyes/open.png)
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 investors who seek mid-risk mid-return investment vehicles in a low interest rate environment.
Request for proposal from the Police Mutual Aid Association (PMAA) for private debt fund (PDF) managers is the latest example. The savings fund will commit $20 million to each of two domestic or foreign firms of private debt fund management.
Government Employees Pension Service (GEPS) will also allocate as much as $375 million in fresh alternative investments this year such as global mezzanine fund, private debt along with overseas real estate and secondary private equity funds, its CIO, Mr. Young-gwon Choi, told the Korea Economic TV.
This week Korea Investment Corporation (KIC) has completed the reshuffle of its senior officials, about half a year after the sovereign wealth fund’s new CEO, Mr. Sung-soo Eun, took office last January. There was also a key person move in Korea Post. The postal service agency that manages 110 trillion won ($95 billion) named the new head of its insurance asset investments.
Enjoy the intelligences,
Chang Jae Yoo
Editor, the Korean Investors
Request for proposal from the Police Mutual Aid Association (PMAA) for private debt fund (PDF) managers is the latest example. The savings fund will commit $20 million to each of two domestic or foreign firms of private debt fund management.
Government Employees Pension Service (GEPS) will also allocate as much as $375 million in fresh alternative investments this year such as global mezzanine fund, private debt along with overseas real estate and secondary private equity funds, its CIO, Mr. Young-gwon Choi, told the Korea Economic TV.
This week Korea Investment Corporation (KIC) has completed the reshuffle of its senior officials, about half a year after the sovereign wealth fund’s new CEO, Mr. Sung-soo Eun, took office last January. There was also a key person move in Korea Post. The postal service agency that manages 110 trillion won ($95 billion) named the new head of its insurance asset investments.
Enjoy the intelligences,
Chang Jae Yoo
Editor, the Korean Investors
More to Read
-
-
Pension fundsKorea’s military fund taps ex-president of Woori Financial as CIO
Jun 28, 2024 (Gmt+09:00)
-
-
Pension fundsKorea's NPS CIO talks with GPIF, GIC execs on asset allocation
Jun 24, 2024 (Gmt+09:00)
-
Foreign exchangeKorea FX authorities, NPS raise currency swap limit to $50 bn
Jun 21, 2024 (Gmt+09:00)
Comment 0
LOG IN