KDB's asset arm offers fund of private-equity funds
Forsyth Partners will sub-advise KDB Asset Management on investing in private-equity plays as part of KDB AM's drive to become a major onshore fund company.
Forsyth Partners, a Dubai-based specialist in funds of funds, will sub-advise a South Korean fund management company's upcoming private-equity offering.KDB Asset Management is about to introduce an onshore, won-denominated fund that invests in private-equity funds and private-equity managers. This is the first such product to be made available in the Korean market, says Suh Ki-won, executive director and head of KDB AM's global investment division.This product launch is part of KDB AM…
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