Korea’s National Forestry Cooperative Federation (NFCF) is seeking bids for an advisory mandate for its domestic equity investments.
As many as 20 investment consulting firms will be hired, according to the group’s request for proposal on July 16. The value of its domestic equity portfolio was not disclosed.
Applicants must have at least 20 billion won (US$14.3 million) of assets under advisory, including 10 billion won of Korean equity assets.
Applications are open until July 25.
Based in Seoul, NFCF is a government body that promotes the forestry industry and forestry-related environmental resources. It has around two million corporate members.
