KIC eyes middle-market private equity opportunities in Europe

Korea Investment Corporation (KIC) is setting its sights on Europe’s middle-market private equity sector.

At the 30th London International Financial Cooperation Council, KIC joined forces with other South Korean institutional investors and London-based asset managers. Around 30 industry participants from securities firms, banks, and insurers convened to discuss emerging opportunities.

Xavier Robert, CIO at Bridgepoint, shared key insights during his keynote presentation. He emphasized that European companies remain undervalued compared to their US peers, and their lower leverage levels make them attractive investments. Robert also noted that Europe’s mid-market private equity segment is less reliant on IPOs for exit strategies, offering greater resilience in today’s volatile market. Last year, Europe recorded more private equity deals than the US, although overall transaction values were lower—a clear sign of abundant opportunities.

Bridgepoint, which manages about €67bn ($70bn) across private equity, private debt, and infrastructure investments, was spotlighted as a leading alternative investment firm. Lee Geon-woong, head of KIC’s London office, highlighted that the event provided a valuable platform to assess key trends in the European private equity landscape and to refine future investment strategies.

KIC’s active engagement in Europe underscores its commitment to diversifying its portfolio. The sovereign wealth fund continues to expand its global reach with offices in New York, San Francisco, London, Singapore, and Mumbai, positioning itself at the forefront of international private equity trends.