National Pension Service Selects Six Venture Fund Managers for 2026 to Manage 400 Billion Won

Four-Year Investment Period and Eight-Year Maturity for Each Fund

The National Pension Service Fund Management Headquarters announced on July 9 that it held a selection committee meeting and selected a total of six institutions as domestic venture fund entrusted managers for 2026.

After announcing the selection plan in April and conducting proposal reviews and on-site due diligence, the Fund Management Headquarters selected Mirae Asset Venture Investment, Atinum Investment, Partners Investment, Premier Partners, SL Investment, and Intervest.

National Pension Service Building Exterior

Each fund managed by the domestic private equity entrusted managers selected this time will operate with a four-year investment period and an eight-year fund maturity. The Fund Management Headquarters plans to allocate up to 400 billion won in total.

Ahead of this selection of entrusted managers, the National Pension Service had previously announced that it would increase the investment scale compared to previous years. While the annual allocation of funds has typically been within 200 billion won, this time, the scale has been significantly expanded in consideration of improvements in the venture investment environment, such as the establishment of the National Growth Fund, according to the National Pension Service.

In addition, in order to encourage wider participation from outstanding managers, the 'core personnel concurrent employment standard,' which has been a longstanding request in the venture investment industry, was relaxed. As a result, a total of 14 firms submitted proposals, and 6 were ultimately selected.

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