PEFs’ Managing Assets Soar 100-fold in 10 yrs

SEOUL, Mar. 10 (Korea Bizwire) — Local private equity funds (PEFs) saw their combined assets under management soar more than 100-fold in the past 10 years as they have successfully attracted investors seeking higher investment returns, the financial watchdog said Tuesday. A total of 51.2 trillion won (US$45.9 billion) in assets were under management by [...]