Institution: Korea Post
Headquarters: Sejong-si, South Korea
Allocation to alternatives: 5.0%
Korea Post Insurance, the investment unit of Korea Post, has issued a request for proposal for overseas direct lending managers. It aims to commit a total of $200 million to two fund managers.
The successful firms should have direct lending commingled funds of at least $500 million in size. The investor has issued a submission deadline of 29 April and will put a decision forth to their investment committee in June.
As illustrated below, the $105.36 billion South Korean government agency currently has a five percent allocation to alternative investments.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.