13.07.2009 - KIC's $2.25 bln heading for alternative investments
From Pionline.com: The $25 billion Korea Investment Corp., Seoul, is preparing to invest approximately $2.25 billion in private equity, real estate and hedge funds, the KIC's first move into alternative investments, said Scott E. Kalb, chief investment officer. Private equity strategies will include LBO, mezzanine, distressed, growth capital and venture capital, according to the fund's 2008 annual report.........Full Article: Source