Korea’s NPS joins up with local conglomerates to form PE fund
National Pension Service, South Korea’s largest investor, plans to form a private equity fund with local conglomerates, including SK Group, GS Group, and KT Corporation, to seek returns from private investments in global markets.
The fund is looking to sign a memorandum of understanding this month, according to the Wall Street Journal. NPS nor any of the other parties have elaborated on the size or scope of the fund. In addition...
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