KIC aims to scale up tech investing with San Francisco office
The Korean sovereign wealth fund is joining hands with Hyundai Heavy Industries to better sniff out and assess new technology investments in the US.
Korea Investment Corporation’s (KIC) announcement of a new San Francisco office and its co-investment tie-up with shipbuilding company Hyundai Heavy Industries Group are part of a broader plan for it to identify and invest more into new technologies and start-ups, particularly via overseas alternative assets.
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