What governance changes has KWAP implemented after the eFishery incident?

Question

Accepted Answer

KWAP Enhances Governance Following eFishery Investment Irregularities

The Retirement Fund (Incorporated) (KWAP) has bolstered its governance framework for private market investments in response to issues encountered with its investment in eFishery. These enhancements include diversifying its portfolio, partnering with experienced fund managers, and improving oversight of portfolio companies. The fund is actively pursuing all available avenues to recover its investment in the Indonesian aquaculture startup.
Diversification of Investment Portfolio

KWAP has increased the diversification of its investment portfolio as part of its strengthened approach to private market investing. This strategy aims to spread risk across various assets, sectors, and geographies, ensuring a more robust overall financial structure.
Collaboration with Experienced Fund Managers and Partners

The fund is now investing alongside experienced fund managers and strategic partners. This approach leverages the expertise of established entities in the market, providing an additional layer of diligence and oversight for new investments.
Enhanced Post-Investment Monitoring

KWAP has implemented enhanced post-investment monitoring procedures. This involves more rigorous tracking and assessment of investments after the initial capital has been deployed, allowing for earlier detection of potential issues.
Increased Oversight of Portfolio Company Developments

A key governance change involves stepping up the oversight of material developments concerning its portfolio companies. This includes closer monitoring of significant events and operational changes within companies where KWAP holds investments, ensuring timely awareness of any irregularities.

Reading history

Hide →

This history is cleared when the page is closed.

What governance changes has KWAP implemented after the eFishery incident?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

4

0

0

Share with friends