Key Takeaways
- • The National Pension Service (NPS) selected six firms as venture fund general partners this year, including Atinum Investment, Mirae Asset Venture Investment, Partners Investment, Premier Partners, SL Investment, and Intervest.
- • The Fund Management Center plans to allocate up to 400 billion won (approximately $290 million) across the six GP commitments.
- • Each fund will run on a four-year investment period and an eight-year maturity.
- • The NPS selected the six from 14 domestic venture capital firms that submitted proposals.
- • The NPS said it expanded investment scale over prior years and eased the "core personnel concurrent-employment standard" that the venture industry had long requested.
Summary
The National Pension Service's Fund Management Center announced on July 9, 2026, that it had selected six firms as venture fund general partners for the year: Atinum Investment, Mirae Asset Venture Investment, Partners Investment, Premier Partners, SL Investment, and Intervest, according to Chosunbiz.
The Fund Management Center plans to allocate up to 400 billion won to the six GPs. Each fund will operate with a four-year investment period and an eight-year maturity. The selection drew proposals from 14 domestic venture capital firms.
An NPS official said the pension expanded the investment scale compared with previous years to support revitalization of domestic venture investment. The official also said the NPS eased the "core personnel concurrent-employment standard," a change the venture investment industry had consistently requested.
The move signals a larger role for the NPS, one of the largest institutional investors in South Korea, in domestic venture capital formation, and positions the six selected GPs to deploy NPS-backed capital under the revised framework.
The Fund Management Center plans to allocate up to 400 billion won to the six GPs. Each fund will operate with a four-year investment period and an eight-year maturity. The selection drew proposals from 14 domestic venture capital firms.
An NPS official said the pension expanded the investment scale compared with previous years to support revitalization of domestic venture investment. The official also said the NPS eased the "core personnel concurrent-employment standard," a change the venture investment industry had consistently requested.
The move signals a larger role for the NPS, one of the largest institutional investors in South Korea, in domestic venture capital formation, and positions the six selected GPs to deploy NPS-backed capital under the revised framework.
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