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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

S.Korea wealth fund aims to grow alternative investments

Posted on 20 July 2011

Choi Chong-suk

South Korea’s $46 billion sovereign wealth fund aims to expand alternative investments in areas like commodities and private equity, its new chief executive said on Tuesday, pledging to strengthen ties with foreign private equity and pension funds.
Korea Investment Corporation (KIC) CEO Choi Chong-suk said in his inauguration speech that the fund would continue to actively invest overseas and could join deals with other global sovereign wealth funds……………………………………….Full Article: Source


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