Korea's National Pension Service (NPS) signed memoranda of understanding with
leading Silicon Valley venture firms including Andreessen Horowitz and Sequoia
Capital at a Silicon Valley VC exchange in San Francisco. NPS said the six
signatory VCs have combined AUM of $313.0 bln; the MOUs are intended to
establish long-term cooperation channels to source global venture opportunities
and facilitate market information exchange as NPS expands its overseas
investment footprint.