National Pension Service
This article is about South Korea's NPS. For other nations, see pension system. For other uses, see National pension.
 | |
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Government-linked company Pension fund (Sovereign wealth fund) | |
| Industry | Investment management |
| Founded | 1988 |
| Headquarters | Seoul, South Korea |
Key people | Choi Kwang, Chairman and Chief Executive Officer |
| Website | http://www.nps.or.kr/ |
The National Pension Service of Korea (NPS; Hangul: 국민연금) is a public pension fund in South Korea. It is the fourth largest in the world[1] with $300 billion in assets, and is the largest investor in South Korea.[2]
Activities
The strategy of NPS in 2010 was double its overseas investments to 20 percent by 2015. It forecasts increasing assets to $436 billion by 2015.[2]
Recent transactions includes the purchase of a 23.44% stake in Colonial Pipeline Company in partnership with KKR.[3]
Notes
- ↑ "Korean fund buys stake in Colonial Pipeline". FT. August 23, 2010.
- 1 2 Shin, Saeromi (September 13, 2010). "Korea's Biggest Investor to Find Its Voice to Improve Corporate Governance". Bloomberg.
- ↑ Zuckerman, Gregory (October 11, 2010). "Korean Fund, KKR Partner On a Deal". Wall Street Journal.
External links
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