KTCU bumps up global PE investment by 90% since end-2018
Seon-pyo Hong
Sep 08, 2020 (Gmt+09:00)
The Korean Teachers’ Credit Union (KTCU) has pushed up overseas private equity investments by 90% to 1.9 trillion won ($1.6 billion) over the past one and a half years, at a faster pace than the growth in domestic private equity investment during the same period.
Between the end of 2018 and the end of June 2020, the retirement fund boosted the balance of its PE investments by 1.4 trillion won, of which the global portfolio accounted for 900 billion won, KTCU said on Sept. 8.