Yellow Umbrella Mutual Aid Fund
Yellow Umbrella Mutual Aid Fund, a savings arm for South Korea’s small business owners, has been experiencing rapid asset growth. Of 13.8 trillion won ($12 billion) in assets, it allocates 2.4 trillion won to alternative investments as of the end of October 2020. It plans to boost the portion of alternative investments to 30% by 2024 from the current 17%. It targets a 6% return on overseas alternative investments which are expected to top 60% of its alternative portfolio.
- Private Equity
- Private Debt
- Real Estate
- Absolute Return Strategies