Korea Investment Corporation (KIC) is poised to open an office this year in Mumbai, according to AsianInvestor.
KIC confirmed within the article it has plans to invest in infrastructure investments first, with the aim to branch out into alternative investments as well.
As of August 31, 2023, KIC’s total assets under management (AUM) were valued at $181.4 billion. Alternative assets made up 22.7 percent, with the sovereign wealth fund targeting to invest 25 percent of its total AUM in alternative investments by 2025.
