KIC Strengthens New York Network... Hosts 'New York Financial Professionals Forum'

Facilitating Exchanges Between Korean Financial Professionals and U.S. Financial Institutions

The sovereign wealth fund Korea Investment Corporation (KIC) discussed ways to strengthen networks between institutional investors and asset managers in the global alternative investment market, together with Korean financial professionals and local investors in New York.

On September 30, KIC announced that its New York office hosted the 24th 'New York Financial Professionals Forum' on September 29 (local time) at the Korea Society in New York.

The event was attended by approximately 90 investment professionals from domestic and international financial institutions, including the Deputy Consul General (Financial Affairs Officer) of the Consulate General of the Republic of Korea in New York, as well as representatives from the government, public investment institutions, securities firms, banks, and insurance companies.

The panel discussion featured Lee Young, CEO of private equity firm Odax; Michael Choi, CEO of Charlesbank; Jeffrey Jang, Executive Director of Investments at New York University (NYU); and Park Chanwoong, Head of the Americas Private Equity Investment Team at the National Pension Service.

They emphasized that understanding the investment execution status of counterpart institutions and securing ongoing opportunities for engagement are key factors in strengthening relationships between investors and asset managers. In particular, they agreed that in an environment of increasing market uncertainty, prompt and honest communication is crucial.

Following the panel discussion, the networking session facilitated exchanges between Korean financial professionals active in New York and representatives of local financial institutions.

Lee Kyungtaek, Head of KIC's New York office, stated, "Alternative investments are based on long-term partnerships, so trust and efficient communication between investors and asset managers are more important than anything else. As the demand for overseas alternative investments by Korean financial institutions continues to grow, I believe it was very meaningful to share ways to strengthen networks through this event."

Attendees of the 24th New York Financial Professionals Forum, hosted by Korea Investment Corporation's New York office on the 29th (local time) at the Korea Society in New York, are listening attentively to the panel discussion. Korea Investment Corporation

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