Korea Post Insurance seeks a domestic infrastructure manager

The South Korean government agency is looking to commit up to $175m to an domestic infrastructure fund.

Institution: Korea Post
Headquarters: Sejong-si, South Korea
AUM: 133.86 trillion Korean won
Allocation to alternatives: 8.0%

Korea Post Insurance, the investment unit of Korea Post, has issued a request for proposal for a domestic infrastructure fund manager.

The unit aims to commit 200 billion Korean won ($175 million; €148 million) to an infrastructure vehicle under a commingled fund or separately managed account. Eligible managers should have managed a vehicle of at least 1 trillion Korean won in size, with at least five years’ experience in the infrastructure industry.

The submission date is 23 August 2021, with a decision put to the investment committee planned between September and October.

As illustrated below, the 133.86 trillion Korean won South Korean government agency has an 8 percent allocation to alternative investments.

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