US Hedge Fund May Sue Korea’s Pension Service

(Korean Times) The National Pension Fund (NPF), the country’s biggest pension service operator, said Wednesday that Elliott Associates, an American hedge fund led by Paul Singer, may file a lawsuit against the service, seeking compensation. “There is the possibility that Elliott Associates will ask for an investor-to-state display settlement (ISDS) in connection with NPS’s support for the Samsung C&T and Cheil Industries merger deal,” said an NPF official.

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