Korea pension may form private equity fund for energy

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SOUTH KOREA - National Pension Service, South Korea's biggest investor, may set up a private equity fund with businesses including Samsung and Hyundai, to invest in overseas resource development.

SK Group, GS Group and KT Corp. may also join the plan, Kim Seok Joo, a spokesman for the pension fund, said. The timing and size of the fund have yet to be decided, he added. "We may sign a pre...

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