Korea’s NPS on global alternatives hiring spree
The $462 billion state pension fund has just hired two more private-market portfolio managers in Singapore and is looking to add three in London and two in New York.
Korea’s National Pension Service (NPS) has embarked on a recruitment drive to build its offshore private-market exposure, as it moves to restructure its alternatives division with a view to more efficient decision-making.
The state retirement fund – the world’s third biggest, with $462 billion as of end-2016 – has hired Peter Lee and Yenfrino Gunadi as portfolio managers for real estate and infrastructure, respectively.
Both started in the newly created roles in Singapore this m…
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