EPF invests in direct private equity


  • Business
  • Saturday, 13 Nov 2004

THE Employees Provident Fund (EPF) has begun investing in Direct Private Ventures as part of its portfolio diversification programme.  

The Finance Ministry had given the green light for such investments in June 2004 to enable the EPF to diversify its fund size, currently growing at an average of between RM18bil and RM20bil a year, EPF said in a statement yesterday. 

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