Korea Post Insurance, the insurance unit of South Korea’s postal service Korea Post, has issued a RPF to seek a fund manager for its overseas venture capital fund of funds strategy.
It aims to commit a total of $50 million to a venture capital fund of funds, which targets primary, secondary, direct or co-investment opportunities.
The eligible manager must be currently managing a VC fund of funds or a VC separate managed account. Also, the manager is required to make a minimum of one percent commitment to the fund.
The application deadline is September 20, 2018.
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