Institution: Fubon Hyundai Life Insurance
Headquarters:Â Seoul, South Korea
AUM: 17.8 trillion Korean won
Allocation to alternatives: 6.4%
Fubon Hyundai Life Insurance has agreed to commit $30 million to Samsung SRA Real Estate Fund No.56. The fund is managed by Samsung SRA Asset Management.
As illustrated below, the 17.8 trillion Korean won ($15.7 billion; €13.3 billion) South Korean insurance company currently has a 2.97 percent allocation to private real estate investments.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.