KDB Infrastructure Asset Management, a subsidiary of the Korea Development Bank, has opened an office in Jeonju, South Korea, to enhance collaboration with the National Pension Service on alternative investments.
The company announced on November 2 that the Jeonju office is its first regional office since its establishment in 2003. It aims to identify investment demands from the National Pension Service and explore collaboration opportunities.
KDB Infrastructure Asset Management specializes in alternative investments in social overhead capital (SOC), energy, and overseas infrastructure. Leveraging over 20 years of investment and management experience, the firm plans to propose investment strategies tailored to the National Pension Service's long-term investment and portfolio diversification needs.
The firm will particularly focus on discovering new investment opportunities in domestic and international infrastructure and energy sectors, providing customized investment alternatives that consider the risk-return profiles of various assets. It also plans to expand collaboration with financial institutions and business partners, including the Korea Development Bank.
As of now, a total of 40 financial institutions have established offices in Jeonju, where the National Pension Service's fund management headquarters is located. KDB Infrastructure Asset Management intends to increase interactions with local financial institutions to contribute to the revitalization of the regional financial ecosystem.
At the opening ceremony, Park Sang-jin, chairman of the Korea Development Bank, stated, "The opening of the Jeonju office marks a significant start in establishing a continuous cooperation system with the National Pension Service and will serve as a foundation for creating a financial ecosystem in Jeonbuk. The Korea Development Bank will also enhance communication with the region and fulfill its role in fostering future industries."
Lee Jun-seong, CEO of KDB Infrastructure Asset Management, remarked, "We will leverage our expertise in alternative investments to present differentiated management strategies that meet the investment demands of the National Pension Service."
* This article has been translated by AI.
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