THE KOREA ECONOMIC DAILY, GLOBAL EDITION

The Government Employees Pension Service (GEPS) and two leading South Korean insurance firms have expressed unease about the excessive use of leverage by private equity secondary funds which they blamed for a capital call delay and cash yield decline.

They also showed concerns about bigger investment funds, questioning whether they can maintain their performance and stick to the original investment strategy, with KB Insurance Co. Ltd. leaning towards smaller-sized vehicles.

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