NPS seeks PE fund managers

The Korean pension fund wants assistance with its investment needs.

The National Pension Service of Korea (NPS) plans to offer up to two GPs 400 billion Korean won mandates per manager in large-cap private equity and up to two venture capital managers with mandates of 60 billion won apiece.

The KRW 635 trillion Korean public pension has a 3.3 percent current allocation to private equity.

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