09.10.2008 - S.Korea says MBK fund plans $2 bln investment
From Reuters: South Korea's state-run pension agency said it had obtained private equity firm MBK Partners' preliminary agreement to invest $2 billion in the country. It added that it was pursuing another $3 billion inward foreign investment deal with a separate investor. The announcement comes just a day after the pension agency unveiled a $3 billion preliminary deal from U.S.-based Oaktree Capital Management. The National Pension Service, which manages about 230 trillion won ($165 billion), said in a statement MBK was likely to put the $2 billion into domestic investment projects such as infrastructure, companies and property..... Full Article: Source
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