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Pacific Asset Management Opens Jeonju Office to Bolster NPS Cooperation
Finance · Investment Managers · yonhap_finance · 2026-08-31
Pacific Asset Management has launched a new office in Jeonju to enhance operational collaboration with the National Pension Service and boost local finance.
What Happened
Office Launch: Pacific Asset Management has officially opened a new office in the Jeonbuk Innovation City to establish a local financial presence. The opening ceremony was attended by CEO Hong Chang-min and National Pension Service Chairman Kim Sung-joo.
Firm Profile: Established in 2016, the firm specializes in collective investment and real estate management. It currently manages approximately 4.65 trillion KRW in assets with a paid-in capital of 2 billion KRW.
Strategic Cooperation: The new Jeonju office will serve as a hub for operational tasks and asset management coordination with the National Pension Service. This move is designed to improve service accessibility and operational efficiency for the firm.
Regional Impact: Local authorities expect the expansion to create high-quality financial jobs and stimulate the regional economy. The provincial government has pledged continued administrative support to help financial institutions settle successfully in the innovation city.