EMP Belstar

Korean investors quickest to jump into new TALF fund: EMP Belstar

Hyun-il Lee

Jul 07, 2020 (Gmt+09:00)

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-Backed Securities Loan Facility (TALF) program, committing $580 million to a TALF fund in late May.

New York-based EMP Belstar, of which about half of top managers are of Korean origin, raised the money just two months after US President Donald Trump announced ...

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