Institution: Government Employees Pension Service
Headquarters: Jeju-do, South Korea
Allocation to alternatives: 17.2%
Government Employees Pension Service has appointed HarbourVest Partners and Lexington Partners as its overseas secondaries fund managers. According to a request for proposal, GEPS will commit a total of $100 million, with each manager receiving a maximum of $50 million.
As illustrated in the chart below, GEPS has a 17.2 percent allocation to alternative investments.
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