Korea'smajor institutional investors got together to discuss their alternativeinvestment strategies for this year at the ASK 2017 Global PEF/Hedge FundSummit which was held on May 17. The participants shared the common difficultyof finding good venues to invest to effectively increase their assets.
Thisdilemma is also faced by the nation's major pension funds and insurancecompanies which plan to pour about 25 trillion won into the alternativeinvestment market this year.
Theyhave the same view that the alternative investment market lost shine after tenyears of enjoying popularity throughout the world which led to a surge in theprices of alternative investment instruments.
Tobreak through the situation, they are focusing on segmentation anddiversification of investment targets. In particular, they picked equity-linkedbonds and private debt funds as promising investment destinations.
TheNational Pension Service, whose assets under management are as high as 564trillion won as of the end of February this year, is investing directly in theoperators of private equity funds or purchasing non-financial assets such asreal estate properties and infrastructures.
The Construction Workers Mutual Aid Association (CWMAA) will acquire a language center building of the University of New South Wales (UNSW) in Sydney for A$71 million ($56 million), jointly with a South Korean insurance company. CWMAA, with $2.8 billion in&hellip
South Korean banks and institutional investors will provide $140 million in syndicated loans to a US gas-fired plant project in Pennsylvania, part of $460 million loans originated by BNP Paribas to build the power plant. Of the $140 million loans,&hellip
A consortium led by US investment firm Angelo, Gordon & Co. has been selected as a preferred buyer of a local bank’s building in Seoul, for which the New York-based company placed the highest bid among four bidding groups to&hellip