K-Growth seeks local private debt managers in Korea

The South Korean FoF manager issues a RFP for domestic private debt fund managers.

Institution: Korea Growth Investment Corporation
Headquarters: Seoul, South Korea
AUM: $22.2 billion

Korea Growth Investment Corporation has issued a request for proposal for domestic private debt managers.

The fund of funds manager plans to commit a total of 100 billion Korean won ($88.3 million; €72.6 million) to at most two private debt managers. Eligible managers should manage a fund of at least 100 billion Korean won in size.

The submission date for the RFP is 4 June with a decision put forth to the investment committee on 30 June.

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