National Pension Fund Suspends Private Equity Investments After 612.1 Billion Won Homeplus Loss, July 9

According to Money Today, South Korea's National Pension Fund abandoned plans to resume new private equity investments on July 9 following Homeplus's bankruptcy proceedings. The fund had suspended new private equity commitments since 2025. In January this year, the pension fund marked its 2015 investment in Homeplus—612.1 billion won through RCPS (redeemable convertible preferred stock) and common shares when MBK Partners acquired the retailer—as a complete loss, down from a 900.2 billion won valuation at end of 2024.
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