Korea Investment Corporation

Republic of Korea US$ 72 Billion Origin: Non-Commodity

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 2005
Transparency Rating: 9
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Firm Investment Style: Mixed
Entity Structure: Corporate
Population Est.: 50 million – 2012
Wealth Per Capita Est.: $1,440

Fund Details

Strategy & Objectives

SWF Asset Allocation

Fixed Income Managers

Equity Managers

Real Asset Managers

Alternative Managers

Key Executives and People


Main Office
Korea Investment Corporation
17, 18F State Tower Namsan
100 Toegye-ro
Jung-gu
Seoul 100-052
Korea
Tel: +82-2-2179-1000
Fax: +82-2-2179-1065

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Governance
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Korea Investment Corporation

Summary
Korea Investment Corporation (KIC) is a government-owned investment management company, specializing in overseas investments.

Background on Korea Investment Corporation
Enacted by the Korea Investment Corporation Act and created in July 2005. The Korea Investment Corporation is structured as a corporation and was initially created by receiving US $17 billion of foreign exchange reserves from the Bank of Korea with an additional US $3 billion from the foreign exchange stabilization fund from the Korean Ministry of Finance and Economy.

In June 2006, the Korea Investment Corporation signed an investment management agreement with the Bank of Korea. Later in October 2006, the KIC signed an investment management agreement with the Korean Ministry of Strategy and Finance. The following month, the KIC launched their global fixed income investment program.

In the Summer of 2009, the KIC moved into making alternative investments.

Korea Investment Corporation Structure:


Source: Korea Investment Corporation

Some Sovereign Wealth Enterprises include:
1. Cowboy Investments – Cayman Islands based subsidiary – Owns 7% of Frac Tech

Major Direct Foreign Investments (Public)
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Major Direct Foreign Investments (Private)
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