HKMA and TRS Participates in Investment in Kakao Mobility

Posted on 02/22/2018


Private equity firm TPG led a group of investors to acquire a minority ownership stake in Kakao Mobility Corporation, a South Korean taxi hailing service provider. On February 13, 2018, The Hong Kong Monetary Authority (HKMA), Teacher Retirement System of Texas (TRS) and the University of California Retirement Plan (UCRP) have invested 50 billion KRW […]