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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

KIC hires alternatives investor

Posted on 09 December 2008

From Asianinvestor.net: The $200 billion Korea Investment Corporation (KIC) has hired Don Lee Dong-ik to a new role as head of the alternative investment team.

To date, the KIC has not had exposure to alternatives; its assets have gone primarily to global equities and fixed-income. Its sole private investment has been a $2 billion stake in Merrill Lynch, acquired at the beginning of the year. Lee’s division will oversee strategic deals as well….. Full Article: Source


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