KIC bullish on PE continuation funds, tech venture deals
The Korean sovereign wealth fund sees value in continuation vehicles within the private equity space, while it expands venture capital exposure in specific sectors.
Korea Investment Corporation (KIC) is seeing value from continuation vehicles (CVs) within private equity, at a time when private equity firms or general partners (GPs) are challenged on exits, according to Huh Yoonhyuck, senior managing director and head of private equity group at KIC.
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