25.08.2010 - S.Korea KIC to boost private market investments
From Reuters: Korea Investment Corp (KIC), South Korea's $35 billion sovereign wealth fund, plans in the next five years to double the proportion of its funds in private market investments such as distressed debt and real estate to 20 percent. "Right now is the time to go into private markets," Scott Kalb, KIC's chief investment officer, said at a speech in Seoul Tuesday. "Risk premiums on illiquid investments are becoming attractive."..........................................Full Article: Source
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