Kyobo Life Insurance began developing its asset management business this year, and its new asset management company, Kyobo AIM, is making its presence known in the market. Kyobo Life acquired Pavilion Asset Management last April, changed its name to Kyobo AIM Asset Management to formally begin its alternative investment business. Kyobo AIM recently took its first steps when it received KRW 500 billion from Kyobo Life Insurance and KRW 10 billion from POBA to create its first blind fund (Kyobo AIM Core General Private Real Estate Investment Trust No. 1) worth a total of KRW 510 billion. Kyobo AIM also participated in the acquisition of the Golden Tower, […]