KOREA - The $250bn Korea National Pension Scheme has made two new hires as it initiates its manager-search for a new Korean private equity portfolio.
Kiwon Suh joins the scheme as senior fund manager from Sundai Investments. He will be responsible for appointing an investment consultant to advise the scheme on its private equity portfolio.
Suh will be assisted by Byung Kun Park, who joins the scheme as a junior fund manager. Park joins from the Samsung Fire & Marine Insurance Company.
The Korea National Pension Scheme is expected to announce how much it will allocate to Korean private equity at the beginning of next year.
By Janet Du Chenne
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