According to Yonhapinfomax, Baek Joo-hyun, former chief investment officer of South Korea's National Pension Service, was selected to lead the investment operations of the Private School Teachers Pension (운용자산 30조원대), with appointment taking place this month.
During his tenure as National Pension Service CIO from July 2022, Baek oversaw a diversified investment strategy across equities, bonds, and alternative assets. In 2023, his management achieved an 11.5% return on invested assets excluding short-term funds, marking the highest annual return since 2006.