Korea Post sets sights on mezzanine, distressed debt

The investor continues to diversify its private debt portfolio to include higher-risk, higher-return strategies.

Korea Post Savings has published a Request for Proposals (RFP) seeking three asset managers to handle an overseas private debt allocation of up to $300 million in total.

The mandate will focus on overseas mezzanine and ‘distressed debt for non-control’ financing. The savings fund plans to commit a maximum $100 million to each fund.

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