The appointment of Harvey Schwartz as chief executive takes away 'uncertainty about our path forward', interim CEO Bill Conway said on the firm's latest full year earnings call.
Braven is being launched by William Abecassis, who spent over a decade at BlackRock, including leading equity and debt investments in growth stage companies as head of innovation capital.
The pension giant is reviving plans that were scrapped last year, head of the strategic alternative investments Jeryang Lee told delegates at the PDI: Seoul Forum on Tuesday.
The direct lender appointed Innchul Oh, a former senior manager for PE at Hyundai Marine & Fire Insurance, as head of investor partnerships for Korea in September.