Korea Post Insurance, Seoul, is seeking overseas hedge fund managers and financial institutions with hedge fund offerings interested in being included in its hedge fund investment pool.
The RFP from the $45 billion insurer seeks managers of single offshore commingled hedge funds, with firmwide assets under management of $1 billion or more and fund AUM of $300 million or more ($600 million or more for funds already in sister organization Korea Post Savings' hedge fund pool), in the following styles: equity long/short, event driven, credit relative value, global macro, multistrategy and commodity trading adviser.
A link to the English RFP is available on the website of Korea Financial Investment Association, a self-regulatory organization. Inquiries must be made via email to Korea Investment Management, which advises Korea Post Insurance. Proposals are due by 5 p.m. Korea Standard Time on April 23 by email to either Jeong-min Chae of Korea Post Insurance or to Korea Investment Management.