At a glance
- Opalesque reported the meeting on Oct.
- For allocators there is nothing yet to benchmark: no mandate, fee, capacity or liquidity term is attached to the meeting, and no Korea-focused fund or vehicle is described.
- The California Public Employees' Retirement System is named in the account only through its chief investment officer's participation.
Korea Exchange Chairman and CEO Jeong Eun-bo held talks with CalPERS Chief Investment Officer Stephen Gilmore to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday.
Opalesque reported the meeting on Oct. 22. The account gives no allocation size, asset class, vehicle or follow-up date, and it is a single outlet's description of the talks.
For allocators there is nothing yet to benchmark: no mandate, fee, capacity or liquidity term is attached to the meeting, and no Korea-focused fund or vehicle is described. The open question is whether exchange-level outreach to a public pension CIO produces an allocation channel other institutions could use; the coverage does not say one exists.
The California Public Employees' Retirement System is named in the account only through its chief investment officer's participation. The bourse operator framed the sit-down as promotion of Korean capital markets rather than as a commitment of capital, and nothing in the account describes terms, timing or a next round of discussions.
Reported by The Allocation desk from Opalesque. Published . Corrections