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Sprott Inc to co-manage $750 mln South Korean private equity fund

Friday, 20 Dec 2013 09:10am EST 

Sprott Inc:Says that Sprott Consulting LP (Sprott Consulting), Sprott's private equity business unit, has been awarded the mandate to co-manage a 10-year $375 mln private equity fund by South Korea's National Pension Service (NPS).Says with a matching $375 mln co-investment commitment to be provided by the state-owned Korean Electrical Power Company (KEPCO).Says mandate of the Fund will be to make private equity investments in the global natural resources and power sectors. 

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