[THE INVESTOR] Korea’s Police Mutual Aid Association, the country’s state pension with total assets under management of approximately 2 trillion won (US$1.64 billion), will create a blind fund of 100 billion won, sources said on June 21. The PMAA will announce the launch of the private equity fund this week to pick six asset managers -- two of each PEF, venture capital firm and private debt fund. (Korea`s Police Mutual Aid Association)The selected PEFs and PDFs will manage 20 billion won each an