09.12.2008 - KIC hires alternatives investor
From Asianinvestor.net: The $200 billion Korea Investment Corporation (KIC) has hired Don Lee Dong-ik to a new role as head of the alternative investment team. To date, the KIC has not had exposure to alternatives; its assets have gone primarily to global equities and fixed-income. Its sole private investment has been a $2 billion stake in Merrill Lynch, acquired at the beginning of the year. Lee’s division will oversee strategic deals as well..... Full Article: Source