Oaktree partners with Korean pension

The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.

Oaktree Capital Management has struck a “strategic partnership” with the W229 trillion ($165 billion; €120 billion) Korea National Pension Service to explore investment opportunities in Korea.

The pension's contribution to Oaktree's private equity, real estate and special situations opportunities in the country could be pursued by way of co-investments or by via commitments to Oaktree funds, the pension fund's head of global investments, Daeh-hwan Kwag, told PEO.

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