National Pension Service of Korea (NPS)Â has issued an RPF to seek fund managers for its domestic buyout and venture capital strategy in the second half of 2018.
The investor aims to commit a total of 1.32 trillion Korean won ($1.18 billion; €1.01 billion) to six managers, delegating two managers for large-cap, venture capital and non-performing loan (NPL) fund investments, respectively.
The total mandate size per strategy should be no more than 400 billion Korean won (large cap), 60 billion Korean won (venture capital) and 200 billion Korean won (NPL funds), respectively.
The selection results will be announced in Q4 2018.
In the first half of 2018, NPS has chosen eight managers and committed a total of 550 billion Korean won to investing in secondary, venture funds for small and mid-market and preparation funds.
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