Korea Investment Corp. seeks to offload over $1B in private equity stakes

Korea Investment Corp.: Korea Investment Corp. is South Korea's sovereign wealth fund responsible for managing national assets through a mix of global and domestic investments. The organization is developing a new strategic investment account to provide ultra-long-term equity capital to key industries such as artificial intelligence, semiconductors, and biotechnology. Its current review of private equity holdings forms part of broader portfolio management efforts. Strategic Investments: Korea Investment Corp. is expanding its mandate to include long-horizon equity investments in domestic strategic sectors as part of a new account structure. International Collaboration: The fund has recently engaged with U.S. venture capital firms through targeted investor events to support Korean startups and attract foreign capital.