Who's Who in Korean Investors

KIC is South Korea’s sovereign wealth fund and manages foreign currency assets entrusted by the Ministry of Economy and Finance and the Bank of Korea. It manages $180 billion as of June 2023. The fund aims to raise exposure to alternative assets to 22-28% by 2026. Private equity and private debt account for 30-35% and 9-13% of the alternative assets, respectively. Real estate and infrastructure make up 20-25% and 15-20%, respectively.