Dutch pension giant APG is joining forces with the National Pension Service of South Korea (NPS) to invest in international infrastructure and commercial real estate projects.
The joint investment enables economies of scale and will lead to providing maximum pension value, said APG officials in a statement, adding that the investment will be a collaboration with a South Korean sector partner that is unknown to APG.
APG with €538 billion ($636 billion) in assets manages 75% of its assets internally. Earlier this year, the system entered into a strategic agreement with the Canadian Pension Plan . . .
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