Korea Investment & Securities Partners with Cliffwater to Expand Private Asset Offerings

On December 2, Korea Investment & Securities announced that it has formed a strategic partnership with Cliffwater, a global alternative investment management firm.

Through this partnership, Korea Investment & Securities plans to create synergies in various areas, including product development and sales collaboration. In particular, the company expects to significantly enhance customer access to overseas private asset products.

Cliffwater is a specialized advisory and management firm with strong competitiveness in the U.S. private credit and private equity markets, managing a total of 127 billion dollars in assets under advisory, including advisory assets. Notably, approximately 45 billion dollars are managed through interval funds, which are alternative investment products designed for ultra-high-net-worth individuals.

A representative from Korea Investment & Securities stated, "This partnership will serve as an opportunity to further strengthen our capabilities to provide differentiated alternative investment solutions to clients in the global market by leveraging Cliffwater's competitiveness."

Stephen Nesbitt, Founder and CEO of Cliffwater, said, "Korea Investment & Securities is a financial institution with a strong reputation and expertise throughout Korea and Asia," adding, "This new partnership will also serve as an important milestone in Cliffwater's growth."

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