Officials from Yale University’s endowment, which manages over 65 trillion won ($44 billion) in assets, are set to visit Korea to discuss investments with domestic asset managers. As expectations for a re-rating of Korean equities grow on the back of the government’s corporate value-up initiative and expanding shareholder returns, even global university endowments are now scouting investment opportunities in the country.
The fund will consider committing $50 million to an existing private equity manager within its portfolio as staff recommended adding a strategy with General Partner stakes.
The firm recently appointed a senior v.p. of capital markets to help expand in the institutional investor market and a v.p. of investor relations to expand its capital raising.
The system is seeking an administrator to provide record keeping, administration and investment advice for its 401(a), 403(b), 457(b) and 401(a) plans.
The government is launching the country’s first national sovereign wealth fund and will provide $25 billion over three years on a cash basis to seed the fund.
The tribe added a new member to its investment staff to assist with its permanent fund endowment, including diligence of potential investments and monitoring existing investments.
The firm hired a principal, head of capital formation and investor relations to oversee relationships with institutional and family office investors as well as set the distribution strategy for its investment products.
The senior investment analyst will be involved in all phases of the investment process, from sourcing to funding, with a special focus on quantitative data analysis and ad hoc reporting.