Institution: Korea Post
Headquarters: Sejong-si, South Korea
AUM: 104.98 trillion Korean won
Allocation to alternatives: 8.0%
Korea Post has issued a request for proposal for international private equity fund managers.
The firm plans to commit a total of $100 million to two private equity managers. Eligible managers should manage a close-ended co-investment vehicle of at least $500 million in size, with at least 50 percent of investment focused on developed countries including North America and Western Europe.
The submission deadline is 30 September 2021 with a decision put forth to the investment committee planned in December.
As illustrated below, the 104.98 trillion Korean won South Korean government agency has a 8 percent allocation to alternative investments.
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