KIC aims to scale up tech investing with San Francisco office

Korea Investment Corporation’s (KIC) announcement of a new San Francisco office and its co-investment tie-up with shipbuilding company Hyundai Heavy Industries Group are part of a broader plan for it to identify and invest more into new technologies and start-ups, particularly via overseas alternative assets. The sovereign wealth fund announced the opening of its new office on March 26, while two days earlier it revealed that its agreement with Hyundai Heavy Industries could see t…