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The National Pension Service (NPS), a big player in the Korean capital market, has invested in Angelo Gordon’s Asia Fund, which has shown steady performance in the Asian commercial real estate market. This is the first time the NPS has invested in Angelo Gordon’s Asian fund. The Korea Investment Corporation (KIC) is also considering investing in the fund. This would mean that it is getting investment from Korea’s two largest institutional investors. According to industry experts, the NPS recently invested USD 300 million in Asia Realty Fund No. 5, which follows an opportunistic strategy. Angelo Gordon has continued to launch new Asian funds to increase its footprint since 2016. Their […]
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Content Editor, Seoul Property Insight(SPI)
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