NPS makes new commitments worth $17 bn in private sector every year
Jun-Ho Cha
Oct 28, 2021 (Gmt+09:00)
South Korea's National Pension Service (NPS) plans to keep increasing private equity investment for mid- to-long term asset allocation, Choe Hyung Don, head of the private equity and venture capital investment division of NPS, said at a LP panel session during ASK 2021 on Wednesday. The public pension fund has to make new commitments worth 20 trillion won ($17.1 billion) and 70 to 80 new investments in the private sector every year, he added.