South Korea's National Pension Service Signs Investment MOUs with 6 Silicon Valley VCs Totaling $313 Billion AUM on July 25

According to Newsis, South Korea's National Pension Service (NPS) signed investment cooperation memoranda of understanding (MOUs) with six major Silicon Valley venture capital firms on July 25 during a venture investment meetup in San Francisco.

The six VCs—Andreessen Horowitz, Sequoia Capital, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and New Enterprise Associates—have combined assets under management (AUM) of $313 billion. The NPS will establish long-term collaboration channels to identify global venture investment opportunities and exchange market information with these firms.