SEMA approves €40m commitment

The Korean pension has sets its sights on senior debt opportunities in Europe.

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Institution: SEMA
Headquarters: Seoul, South Korea
AUM: KRW5.99trn
Allocation to alternatives: 64.20%
Bitesize: $10-50m

SEMA has approved a €40 million commitment to GSO European Senior Debt Fund II, a contact at the pension informed Private Debt Investor. The private credit vehicle aims to provide private secured loans to large and mid-cap companies in Europe.

Other investors in the fund include Taiwan Life Insurance, Ohio Police & Fire Pension Fund, State of Wisconsin Investment Board and Public School and Education Employee Retirement Systems of Missouri.

As illustrated below, this is SEMA’s first reported commitment to a private debt vehicle.

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