Institution: Military Mutual Aid Association
Headquarters: Seoul, South Korea
Allocation to alternatives: 46.6%
Military Mutual Aid Association has confirmed KRW$130 billion ($109.2 million; €98.0 million) of private equity commitments across eight managers.
The commitments comprise of KRW$20 billion ($16.8 million; €15.1 million) each to five private equity managers including Keistone Partners, AJU IB Investment Co., SkyLake Investment Co., KTB Private Equity and Dominus Investment, and KRW$10 billion ($8.4 million; €7.5 million) each to three venture capital managers including Mirae Asset Venture Investment (Mirae Asset Next Korea New Growth Investment fund), Premier Partners and SV Investment.
As illustrated below, MMAA has committed to private equity funds that focus on North America and Asia-Pacific.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.