Having local partners in overseas markets means the Korean pension fund has continued its direct alternatives investment drive even during Covid-19. The focus now is on broadening these partnerships, its CIO tells AsianInvestor.
The Korean Teachers’ Credit Union is exploring to build out the collaboration with its Californian counterpart. The initial joint venture solves logistical issues that emerged during the Covid-19 pandemic, the Korean investor tells AsianInvestor.
Asia was the only region to see an increase in money raised for real estate investment last year, and it saw a big jump in joint-venture and club deals, according to new research.
The French group’s reported move to exit its mainland fund joint venture comes as other foreign shareholders review their onshore build-outs amid rising China risks.