First Regional Office Since Its Establishment in 2003
Tailored Investment Strategies for Infrastructure and Energy
KDB Infrastructure Investments Asset Management, a subsidiary of Korea Development Bank (KDB), said on November 2 that it had opened an office in Jeonju, Jeonbuk Special Self-Governing Province, and would work to strengthen its alternative investment partnership with the National Pension Service (NPS).
The Jeonju office is the company’s first regional office since it was established in 2003. Its opening is significant in that it will enable the company to respond more closely to the NPS’s alternative investment needs and establish a field-focused cooperation system.
As more asset management companies open offices in Jeonju, led by the NPS, the number of financial institutions with offices in the city has grown to about 40.
KDB Infrastructure Investments Asset Management specializes in alternative investments, including social overhead capital (SOC), energy and overseas infrastructure. Drawing on more than 20 years of accumulated investment and asset management experience, it handles everything from identifying assets suited to long-term investment and designing investment structures to asset management and risk management.
The company plans to use its Jeonju office as a hub for cooperation with the NPS, where it can better understand the pension service’s investment direction and needs. In particular, it will draw on its expertise in domestic and international infrastructure and energy to assess a range of investment opportunities and propose tailored investment strategies that take into account the characteristics and risk-return profiles of individual assets. Through this, it aims to support the NPS’s long-term investments and portfolio diversification.
The company also plans to strengthen its ability to identify investment opportunities by collaborating with external financial institutions and business partners, including KDB, and to contribute to revitalizing the local financial ecosystem by expanding exchanges with financial institutions that have entered Jeonju.
KDB Chairman Park Sangjin, who attended the opening ceremony, said, “The opening of KDB Infrastructure Investments Asset Management’s Jeonju office is a meaningful first step toward establishing an ongoing cooperation system with the NPS and laying the groundwork for a financial ecosystem in Jeonbuk. KDB will also expand communication with local communities and fulfill its role in fostering future industries.”
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Lee Junseong, CEO of KDB Infrastructure Investments Asset Management, said, “We will make full use of our expertise in alternative investments to propose differentiated asset management strategies that meet the NPS’s investment needs. We will use the Jeonju office as a hub to explore various investment cooperation opportunities and as a springboard for a new leap forward.”
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