LP Tearsheet

Korea Post seeks infrastructure fund managers

The South Korean government agency is seeking to commit up to $200m to infrastructure vehicles in 2019.

By
Chin Yuen
-

Institution: Korea Post
Headquarters: Sejong-si, South Korea
AUM: $106.03bn
Allocation to alternatives: 5.0%

Korea Post Savings, the investment unit of Korea Post, has issued an RFP to seek overseas infrastructure fund managers. It aims to commit a total of $200 million to two managers, which target core-plus infrastructure assets in developed countries such as North America, Europe and Australia.

As illustrated in the charts below, the $106.03 billion South Korean government agency currently has a 1.5 percent allocation to infrastructure. The overall allocation to alternative investments currently stands at 5.0 percent.

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