Alternative Investment (ALTID)
The objective of
ALTID is invest in
alternative investment globally. As a relatively
new asset class, ALTID allocation comprise of 10% of KWAP’s investment
portfolio. Our investments are driven mainly through real estate activities and
private equity investments.
Invests KWAP's fund in private equities via approved private equity funds, co-investments and direct private equity investments. Invests directly in properties.
Implement investment activities as approved by the Investment Panel and the Board.
Monitor investment activities and evaluate performance of the private equity funds, direct private equity and investment in properties periodically, including attending meetings with fund managers and committees established for the purpose.
Report periodically investment activities and performance of private equity funds, direct private equity and properties to the Investment Panel and the Board.
Strive to meet targeted income for the year on investments under the purview of ALTID.