Korea Investment Corporation Plans to Open a San Francisco Office
Posted on 02/06/2020
The Korea Investment Corporation (KIC) plans to open a San Francisco office in the third quarter of 2020. KIC has branch offices in London, New York, and Singapore. KIC plans to send two employees from the NYC office to start the San Francisco office.
Like other sovereign wealth funds and Canadian pension funds, KIC wants to get greater exposure to Silicon Valley startups. KIC seeks greater access to deal flow in alternative assets, which includes private equity and venture capital.