07.06.2013 - View from Korea: Q&A with wealth fund investment chief Don Lee
Sovereign wealth fund Korea Investment Corp. got into private equity investing in 2009. Despite its relatively brief history, KIC has been an active investor in both funds and deals across the globe. The $56 billion-plus fund doesn’t plan to stop there, recently announcing plans to increase its exposure to markets such as China. The fund’s goal over the medium to long term, according to KIC Chief Investment Officer Don Lee, is to increase the fund’s allocation to alternative assets to as much as 25% from the current level of 15%. We caught up with Mr. Lee this week to have him elaborate on the plans...........................................Full Article: Source
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