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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

S.Korea’s KIC to resume overseas investment

Posted on 19 June 2009

From Reuters: The South Korean government will pump an additional $3 billion into Korea Investment Corporation (KIC) to enable the sovereign wealth fund to resume overseas investment, a newspaper reported on Friday.

The Maeil Business Newspaper cited a senior KIC official as saying that the fund was considering alternative investments which would be made jointly with private equity firms and financial services companies………Full Article: Source


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