이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Korean investors, Partners Group to invest $201mn in global infrastructure fund
- Collected
- 2017.03.03
- Distributed
- 2017.03.06
- Source
- Go Direct
According to investment bank sources on Wednesday, Public Official Benefit Association (POBA), a Korean public fund for government employees, decided to invest 40 million euros to Partners Group’s global infrastructure fund. Pension funds, insurers and other major institutional investors in Korea may announce a plan to join the fund within this month.
“This is the last chance this year to participate in a global infrastructure fund operated by Partners Group. We are positive about this investment as it is a good opportunity to diversify portfolios into alternatives overseas,” said an asset management source.
Partners Group is raising additional 780 billion won from Korean investors for its global infrastructure fund worth 1.55 trillion won created to invest in renewable energy facilities including solar and wind power across Europe and North America.
Partners Group focuses on raising value of its purchased assets before reselling them and its annual expected rate of return is relatively high at 8 to 12 percent.
Local institutional investors are rapidly channeling funds to overseas infrastructure markets on their promising future. Three domestic institutional players including Samsung Life Insurance Co., the country’s largest life insurer, invested 400 billion won in January to a global infrastructure fund jointly operated by Samsung Asset Management and Australia-based IFM Investors.
By Kang Doo-soon and Song Gwang-sup
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