| A government-led investment consultative group called the “Co-investment Roundtable of Sovereign and Pension Funds” (CROSAPF) that encompasses sovereign wealth funds, pension fund firms, and global public funds will be formed soon. Hosted by Korea Investment Corporation, a sovereign wealth fund, and sponsored by Korea EximBank, CROSAPF is Korea’s first global-level co-investment consultation body.
The total number of organizations within the body is 31 including China Investment Corporation (China), the Abu Dhabi Investment Authority (the United Arab Emirates), Temasek Holdings and GIC Private Limited (Singapore), Government Pension Investment Fund (Japan), and the Asian Development Bank. Its total assets under management will be about 5.5 trillion won...............................................Full Article: Source
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