The National Pension Service (NPS) plans to commit fresh capital to about four additional mid-cap private equity funds this year, focusing on the managers’ ability to maintain their price discipline, said its global private equity head.
Korea Investment Corporation (KIC) will chase non-sponsored, rescue-financing and complex deals as the sponsored-deal market becomes crowded.
Both institutions are giving more authority to their overseas offices to lead private equity and debt investments.
The following are remarks from senior officials of NPS and KIC in a panel discussion during the ASK 2018 Private Equity & Debt Summit in Seoul on May 29.
▶ NPS (Hyung Don Choe, head of global private equity):