NPS adds three foreign alternative managers in third quarter New additions are Hillhouse Capital, Warburg Pincus and Polar Asset
Translated by Ryu Ho-joung 공개 2021-12-03 08:13:50
이 기사는 2021년 12월 03일 08:10 thebell 에 표출된 기사입니다.
South Korea’s National Pension Service (NPS) has added three foreign investment firms to its alternative manager roster as the state pension fund pushes to make further investments abroad in search of higher returns.The pension fund's quarterly manager updates for the three months ended September 30 cited Beijing-based private equity firm Hillhouse Capital, US investment firm Warburg Pincus and Canadian hedge fund Polar Asset Management Partners as additions to its manager roaster.
Founded in 2005, Hillhouse Capital is an Asia-focused private equity firm, with offices in Beijing, Hong Kong and Singapore. The firm invests across a range of sectors from internet and consumer to healthcare and manufacturing. Among the firm’s notable investments in South Korea are online delivery platform operator Kurly, food delivery platform operator Woowa Brothers and video game developer Krafton.
New York-based Warburg Pincus has been one of the most active real estate investors in Asia, investing more than $6 billion in over 30 real estate-related ventures and platforms. The investment firm is reportedly set to close its Asia real estate fund at $3 billion with backing from high-profile Asian investors.
Meanwhile, two domestic investment firms have been added as NPS’ alternative managers in the third quarter. Among them is SKS Private Equity, which was selected by the pension fund to be awarded a co-investment mandate.
A large increase in the number of foreign managers overseeing NPS’ alternative investments – from 162 to 173 for the nine months through September – highlights continued efforts by the pension fund to increase its allocation to alternative assets abroad.
In contrast, the number of NPS’ domestic alternative managers declined from 108 to 106 in the same period. (Reporting by Hee-yeon Han)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재, 재배포 및 AI학습 이용 금지 >
관련기사
best clicks
최신뉴스 in 전체기사
-
- '재무개선' AJ네트웍스, 조달비용 '확' 낮췄다
- '9년만에 엑시트' 한앤코, 한온시스템 거래구조 살펴보니
- 한국타이어앤테크놀로지, 한온시스템 인수한다
- [수술대 오른 커넥트웨이브]2대주주 지분매입 나선 MBK, 주식교환 카드 꺼냈다
- [이사회 모니터]이재용 에이비프로바이오 대표, 바이오·반도체 신사업 '드라이브'
- 와이투솔루션, 주인 바뀌어도 '신약' 중심엔 美 합작사 '룩사'
- 아이티센, 부산디지털자산거래소 본격 출범
- 아이에스시, AI·데이터센터 수주 증가에 '날개'
- [이사회 모니터]서정학 IBK증권 대표, ESG위원회도 참여 '영향력 확대'
- SW클라우드 '10주년' 폴라리스오피스, “초격차 밸류업”