NPS, KTCU commit $200 mn to US tech-focused PEF

NPS, KTCU commit $200 mn to US tech-focused PEF

The National Pension Service and the Korean Teachers’ Credit Union (KTCU) have committed a combined $200 million to technology-focused Thoma Bra...

[ASK2020] A Case for Hedge Funds in Today’s Adverse Markets

[ASK2020] A Case for Hedge Funds in Today’s Adverse Markets

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. With over US$1.1...

NPS to ease hedge fund transparency requirements

NPS to ease hedge fund transparency requirements

The National Pension Service will loosen transparency requirements on hedge funds to increase the pool of its hedge fund management firms, in efforts ...

Korean pension funds’ CIOs look to diversify GP pool

Korean pension funds’ CIOs look to diversify GP pool

South Korean pension funds are seeking to diversify their pool of alternative asset managers to broaden real estate- and developed markets-focused por...

Kookmin Bank sells $500 mn in subordinated bonds to fund ESG projects

Kookmin Bank sells $500 mn in subordinated bonds to fund ESG projects

South Korea’s Kookmin Bank has issued $500 million in subordinated bonds as part of its efforts to expand loans for environmental, social and go...

KKR’s $3 bn Asia infra fund to raise $200 mn from Korea

KKR’s $3 bn Asia infra fund to raise $200 mn from Korea

South Korean pension funds and insurance companies will commit $200 million in aggregate to KKR’s first Asia infrastructure fund targeting to ra...

Korean police fund raises risk appetite for private debt

Korean police fund raises risk appetite for private debt

South Korea’s Police Mutual Aid Association (PMAA) has recently selected an opportunistic strategy fund for private debt investment as the $3 bi...

Korean insurers, Shinhan Alternative commit $130 mn in KKR CMBS fund

Korean insurers, Shinhan Alternative commit $130 mn in KKR CMBS fund

South Korea's insurers along with Shinhan Alternative Investment Management Inc. have committed $130 million in the real estate stabilized credit (RES...

Hana to launch $38 mn retail fund for US property deal

 Hana to launch $38 mn retail fund for US property deal

Hana Alternative Asset Management Co. plans to raise 43 billion won ($38 million) from a retail fund for its investment in an office building in north...

[Q&A] KTCU sees handsome returns from equities, M&A funding

[Q&A] KTCU sees handsome returns from equities, M&A funding

The following is the full transcript of The Korea Economic Daily's interview with Korean Teachers’ Credit Union’s (KTCU) Chief Investment ...

Korean teachers’ fund keen on equities, M&A deals

Korean teachers’ fund keen on equities, M&A deals

The Korean Teachers’ Credit Union (KTCU), a $29 billion savings fund, will increase its exposure to equities markets and M&A financing deals...

Korean teachers' fund pockets sweet returns from US cloud-based platform

Korean teachers' fund pockets sweet returns from US cloud-based platform

The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...

Brookfield's debt fund to raise $610 mn from Korea

Brookfield's debt fund to raise $610 mn from Korea

Brookfield Infrastructure Partners will collect around 700 billion won ($610 million) from South Korean institutional investors for its second credit ...

Brookfield set to raise $610 mn for new infrastructure debt fund: report

Brookfield set to raise $610 mn for new infrastructure debt fund: report

Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...

Korean LPs commit over $94 mn to LaSalle’s $513 mn debt fund

Korean LPs commit over $94 mn to LaSalle’s $513 mn debt fund

South Korean pension and savings funds, including the Yellow Umbrella Mutual Aid Fund and the Korea Scientists and Engineers Mutual-aid Association (S...

Celltrion founder aims to raise $1 bn for healthcare startup from global funds

Celltrion founder aims to raise $1 bn for healthcare startup from global funds

Seo Jung-jin, founder and chairman of South Korea’s biosimilar maker Celltrion Group, said on Oct. 6 that he is in talks with a number of global...

Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds

Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...

KB Investment bulks up VC funds as parent group drives SE Asia expansion

KB Investment bulks up VC funds as parent group drives SE Asia expansion

KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...

NPS to cease paying management fees for Korean PEF project funds

NPS to cease paying management fees for Korean PEF project funds

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

Teachers' savings fund to invest $85 mn in Amazon logistics center in US

Teachers' savings fund to invest $85 mn in Amazon logistics center in US

The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

Mirae Asset to launch $252 mn Europe infrastructure fund

Mirae Asset to launch $252 mn Europe infrastructure fund

Mirae Asset Global Investments Co. is preparing to launch a 300 billion won ($252 million) vehicle to invest in a European infrastructure fund.Accordi...

Hanwha Life commits $400 mn to KKR’s new Asia buyout fund

Hanwha Life commits $400 mn to KKR’s new Asia buyout fund

Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...

NPS commits $100-200 mn to UK PEF's energy fund to bolster ESG portfolio

NPS commits $100-200 mn to UK PEF's energy fund to bolster ESG portfolio

The National Pension Service (NPS) has committed between $100 million and $200 million to an energy and infrastructure fund set up by UK-based private...

Korea’s state pension fund needs split to improve efficiency: National Assembly report

The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...

Local activist fund acquires additional 1.48% in Hanjin KAL through successful public tender

Activist fund Korea Corporate Governance Improvement (KCGI) and mid-sized builder Bando Engineering & Construction have succeeded in their pu...

SK Hynix joins in $60 mn funding for US chip design startup SiFive

SK Hynix joins in $60 mn funding for US chip design startup SiFive

SK Hynix Inc. has recently participated in a $60 million funding for the US semiconductor startup SiFive, SK Hynix said on August 12.Saudi Aramco and ...

Korea’s July jobless claims hit $1 bn; insurance funds’ deficit to widen

Korea’s July jobless claims hit $1 bn; insurance funds’ deficit to widen

South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...

[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate

[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate

(On August 25, Korea Post extended the deadline for submitting proposals for its global debt investment mandate to August 31, 2020 from August 19, 202...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot