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[RFP] Korea Post Savings seeks new single offshore hedge fund managers

May 26, 2016 (Gmt+09:00)

1 Min read

- Proposed fund size at minimum $300 mln; proposal submissions due by June 7, 2016

- Funds currently in Korea Post Savings’ hedge fund pool not eligible to apply

Korea Post announced a request for proposal on May 18 to invest part of its savings’ assets in single offshore hedge funds. It requires a proposed offshore hedge fund to have a minimum $300 million in assets with at least a three-year investment horizon. The expected investment size will be decided later on.

The qualified candidates should have a minimum $1 billion in pure hedge fund assets under management, with a three-year track record in offshore hedge funds.

For details, click the URL above. 

 

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Yeonhee Kim edited this article

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