National Pension Service of Korea (NPS) related stories
All articles and analysis
Korea's NPS back to square one in CIO searchThe $565bn investor failed to find a qualified candidate among 16 applicants, in a recruitment process that started in February.
NPS seeks new CIOThe South Korean pension fund has kicked off the hunt for a chief investment officer.
BC investors agree $1bn secondaries deal with LexingtonTwenty-two LPs sold stakes to Lexington Partners, which has made a stapled commitment of around $300m to BC Partners’ latest fund.
NPS CIO is stepping downThe Korean biggest pension fund sees another shake in its senior management roster.
- BC LPs have 5 weeks to decide on Fund IX tender
Investors received a letter on Wednesday outlining the terms of the secondaries transaction, which includes a staple commitment to BC Partners’ latest fund.
- Ex-NPS global alternatives chief joins Korean law firm
Sang-Hyun Yoo, who resigned from the pension in February, has been replaced by the former alternatives head of Meritz Asset Management.
- MBK Partners seeks $4bn for fourth fund
The Seoul-based firm has started pre-marketing its latest fund, with plans to launch after June this year.
- Korean pension funds make senior appointments
Just a week after Korea Teachers promoted Park Min Ho to CIO, Korea’s National Pension Service hired Choi Kwang as chairman and CEO.
- KIC plots $10bn alternatives investment drive
The $57 billion fund’s chief investment officer Lee Dong Ik has vocalized its ambition to triple its allocation of alternative assets including real estate and private equity in the next three years.
- Korea’s $242bn pension fund plots 10% alternatives exposure
The $242 billion National Pension Service of Korea is planning to grow its alternative assets allocation to more than 10 percent of total assets in 2014. The allocation represents a meteoric rise on the 3.8 percent target allocation set in 2008.