News & Analysis

Korea Post Insurance seeks infrastructure debt managers

The South Korean government agency is looking to commit up to $200m to two infrastructure debt funds.

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Institution: Korea Post
Headquarters: Sejong-si, South Korea
AUM: 141.84 trillion won ($116 billion; €107 billion)
Allocation to alternatives: 8.56%

Korea Post Insurance, the investment unit of Korea Post, has issued a request for proposal for international infrastructure debt fund managers.

The unit aims to commit a total of $200 million to two managers. Eligible GPs should manage a fund of at least $500 million in size, with a minimum of 80 percent of investment on either senior or junior loans, focused on developed countries in North America, Europe and Oceania. They should also have managed more than $10 billion in AUM in infrastructure funds.

The submission deadline is 2 May, 2022,with a decision to be put forth to the investment committee in June.

As illustrated below, the 141.84 trillion won South Korean government agency has an 8.56 percent allocation to alternative investments.

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