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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

KIC to invest $100mln in IFC private equity fund

Posted on 05 March 2010

From Koreaherald.co.kr: Korea’s sovereign wealth fund said yesterday it will invest $100 million in a private equity fund managed by the International Finance Corp., the investment division of the World Bank.

The Korea Investment Corp. said the IFC’s $1 billion private equity fund, or “IFC African, Latin American and Caribbean Fund,” consists of the IFC’s funds, Dutch national pension fund PGGM, and sovereign wealth funds from the Middle East……………………………………..Full Article: Source

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