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.
Asset owners have been targeting US retail property assets, and some institutional investors have complained about being edged out of office deals by domestic players.