[RFP] Korea Post plans to invest $200 mn in PE secondary funds

Korea Post’s savings arm will select two global private equity funds to invest around $200 million in private equity secondary markets, according to its announcement on April 1.

It will commit $100 million each to the selected fund houses which must have a track record of a secondary commingled fund before the 2008 financial crisis.

Korea Post will receive proposals for the mandate by April 12 and finalize the selection in June.