# Fire Guarantee

Fire Guarantee is a Pension Fund based in Seoul, South Korea.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Seoul, South Korea
- **Region:** Asia
- **Address:** Yangjae-dong, Seocho-gu, Seoul, South Korea
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** https://www.figu.or.kr

## Regulatory record

- **Reports private funds:** No

## About

Fire Guarantee is a public pension fund based in Seoul, South Korea. It manages approximately $183.73 million in assets, primarily focused on investments in Asia.

## Sectors

- Real Estate
- Infrastructure
- Private Credit

## People

- Han Ho-yeon — Former Chairman

## Questions

### Who runs investment decisions at Fire Guarantee?

The cooperative operates under the direction of a chairman, most recently Han Ho-yeon, and is governed by a board that includes representation tied to the National Fire Agency. Day-to-day investment decisions are handled internally, though individual portfolio-manager names remain undisclosed in public record. The Ministry of Interior and Safety provides ultimate regulatory oversight.

### Does Fire Guarantee invest only in South Korea?

The overwhelming majority of known deployment is domestic. The cooperative's real estate holdings — including its own Yangjae-dong headquarters — are Seoul-based, and its shareholder positions in industrial firms are similarly concentrated in Korean companies. No offshore allocations have been identified in public filings.

### How is Fire Guarantee structured relative to the National Fire Agency?

The National Fire Agency provides regulatory authorization and oversight, but Fire Guarantee operates as a distinct financial cooperative. The Ministry of Interior and Safety retains ultimate supervisory authority over the cooperative's activities, reflecting its classification as a firefighting-industry promotion entity rather than a purely independent asset manager.

### Does Fire Guarantee accept external capital?

No. The cooperative pools contributions exclusively from member firefighters in South Korea. It does not market funds to institutional allocators, pension funds, or retail investors, and operates as a closed mutual-aid structure under the oversight of the National Fire Agency.

## Related profiles

- [Fire and Emergency Services Superannuation Plan](https://altss.com/profile/fire-and-emergency-services-superannuation-plan-fes)
- [Firelands Regional Medical Center](https://altss.com/profile/firelands-regional-medical-center)

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Last updated: 2026-06-03T20:00:00.000Z

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