PRINT THIS PAGE South Korea's National Pension Fund plans to invest KRW350bn in private equity14/03/2005. Source: AltAssets. 
 South Korea's largest institutional investor, the National Pension Fund, reportedly wants to invest KRW350bn ($350m) in private equity this year and plans to launch two private equity funds.
The new funds are expected to invest in South Korean companies with the aim of getting management control.
The move represents the Fund's attempt to diversify its investment portfolio and seek higher profits on its considerable investments. At the end of 2004 the National Pension Fund had KRW133tn ($133bn) of assets under management.
Since the South Korean government started to make an effort to relax regulations in order to encourage home-grown private equity funds to compete with foreign rivals, South Korean private equity players have been very active and the country's private equity market has become more mature.
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