Institution: Construction Workers Mutual Aid Association
Headquarters: Seoul, South Korea
Allocation to alternatives: 22.80%
Construction Workers Mutual Aid Association has issued an RFP for an overseas fund manager to pursue infrastructure debt opportunities.
The selected manager will be entitled to a maximum $25 million commitment for the senior and mezzanine infrastructure debt fund. The submission deadline is 29 November and the decision will be released in February 2020.
As illustrated in the charts below, the KRW3.8 trillion ($3.29 billion; €2.97 million) pension fund has a current allocation of 22.8 percent to alternative investments.
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