Sahak Yeongeum Selects 3 Domestic PEF Blind Fund Delegated Managers

[Asia Economy Reporter Ji-hwan Park] The Private School Teachers' Pension Service announced on the 27th that it has finally selected three domestic private equity fund (PEF) blind fund managers: MBK Partners, Stonebridge Capital, and Skylake Investment.

The total domestic PEF investment scale by the Private School Teachers' Pension Service is 150 billion KRW, with 50 billion KRW to be invested in each of the three fund managers. This public offering began accepting proposals at the end of February and recorded a competition rate of approximately 3 to 1.

After conducting the first quantitative evaluation, six shortlists were selected, followed by on-site inspections and qualitative evaluations of these fund managers. The final decision was made after passing through the Investment Deliberation Committee on the 22nd.

The Private School Teachers' Pension Service stated, "This selection of fund managers was conducted as part of portfolio diversification to generate stable mid- to long-term fund returns, and we expect stable profit generation."

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