HedgeCo.Net — Korea Investment Corporation is in early talks to sell more than $1 billion of private equity fund stakes, according to September 21, 2026 reporting from Bloomberg, Private Equity Wire, and Caproasia. PJT Partners has been appointed as advisor, and coverage stresses the process remains early-stage so size and structure may still change.
The sale is described as portfolio rebalancing for South Korea’s roughly $232 billion sovereign wealth fund. Specific fund names, GP concentration, pricing expectations, and buyer shortlists were not disclosed in the published accounts.
For secondaries and sovereign allocators, the >$1 billion exploration headline, PJT mandate, early-stage caveat, and ~$232 billion KIC AUM context are the hard marks. Treating the process as a signed bid or inventing stake-level detail would overreach the reporting. Mark the rebalancing framing and the advisor appointment as sourced.