KUALA LUMPUR: The Employees Provident Fund (EPF) has targeted to increase its private equity (PE) allocation to above 3% over the next 10 years from 2% currently.
Chairman Tan Sri Samsudin Osman said the domestic PE market is still in its infancy and local institutional investors, including the EPF, were increasingly playing an active role in PE investing due to its ability to deliver superior long-term returns.
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