Institutional Investors

Korea Post searches for funds of funds and single managers


Korea Post, the government agency that provides postal and financial services in South Korea, is looking for both funds of funds and single-manager hedge funds.

The agency’s Insurance Bureau is looking for multi-strategy FoHFs, either local or overseas. Members of the HedgeFund Intelligence billion dollar clubs for both FoHFs and single managers only need apply, however, as funds must have at least $1 billion in assets under management with firm assets at $2 billion.

The funds that apply must have a track record of five years while the firm’s history must stretch back