[Editor's Note] Korea funds warm up to private debts
Jul 06, 2016 (Gmt+09:00)
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.
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.