APG and Korea’s NPS Formalize Infrastructure and Private Real Estate Investment Alliance
Posted on 10/20/2020
APG Asset Management and the National Pension Service of Korea (NPS) formally announced a partnership to invest in large infrastructure and private real estate projects. They are counting the Brisa and Scape fund investments are the first two deals of the partnership.
In April 2020, APG Asset Management and NPS partnered to acquire a majority stake in €3 billion Portuguese toll road operator Brisa – Auto-Estradas de Portugal. In September 2020, NPS invested with APG in the Scape Core Fund, a student housing fund.
APG oversees money for Stichting Pensioenfonds ABP, among other pools of capital.
Keywords: National Pension Service of Korea.