National Pension Service of Korea (NPS) related stories
All articles and analysis
Korean LPs embrace PE secondaries, mid-market amid credit controversySome institutions are expected to lean into equity-based strategies as they seek a new home for 2026 credit allocations.
Korea's NPS posts 12% rise in PE AUM as growth slowsPE represented about 7.2% of the total portfolio as of December, down from 7.8% percent the prior year, according to its latest annual report.
Global Investor 150: The 2026 top 10Between them, the 10 largest investors on this year’s Global Investor 150 ranking have $1.1trn allocated to private equity, with an average allocation of 21%.
Korea’s NPS sees private equity AUM jump by 30% in a single yearThe $887bn pension's PE exposure had reached 7.79% as of December, up from 6.99% a year prior, per its latest annual report.
How Korean LP appetites for private markets are evolvingYoungshin Park, a 20-year veteran of the country's LP community, explains what makes Korean LPs tick and outlines the best strategies for accessing this rich source of capital.
Side Letter: Black hole fundLPs without the technical capacity or appetite for secondaries could find themselves with a trophy asset blind spot. Plus: San Bernardino reckons emerging managers could prove key to unlocking exit opportunities. Here's today's brief, for our valued subscribers only.
PEI Awards 2024: Asia-Pacific winnersKorea's NPS, EQT and Kirkland & Ellis snap up wins in this year's highly competitive regional awards.
Side Letter: Carry tax clarityWhat constitutes capital at risk when it comes to CGT treatment of carry? Plus: Why sector specialists might survive PE's consolidation craze and HarbourVest raises a secondaries giant. Here's today's brief, for our valued subscribers only.
NPS shows LPs are keen not to miss the boat on continuation fundsInstitutional investors can no longer ignore the fact that exposure to high-quality assets is increasingly accessed via the secondaries market.
Side Letter: Dispatches from SeoulSide Letter brings you Korean LP intel from Private Debt Investor's Seoul Forum this morning. Plus: Ares has major private wealth ambitions and there's a new climate firm in town. Here's today's brief, for our valued subscribers only.