Korean investors to fund Air France’s plane lease with $34 mn mezzanine loan

Korean investors to fund Air France’s plane lease with $34 mn mezzanine loan

The Public Officials Benefit Association (POBA) and the Yellow Umbrella Mutual Aid will invest $34 million in mezzanine debt to fund Air France’s $115...

Korea scientists fund to put €25 mn into Europe infrastructure-investing FoF

Korea scientists fund to put €25 mn into Europe infrastructure-investing FoF

A South Korean asset management firm is raising a €100 million ($110 million) fund to invest in the Pan-European Infrastructure Fund (PEIF) II of a De...

Three US firms win $120 mn mezzanine fund mandates from Korea fund

The Public Officials Benefit Association (POBA) has selected Crescent Capital Group, Falcon Private Equity and GoldPoint Partners to invest a total of...

Korea public officials’ fund picks $40 mn cat bond managers

Three private equity firms – LGT Capital Management, Leadenhall Capital Partners and Nephila Capital – have been chosen as the preferred managers of t...

[Interview] Korea police fund eyes EM debt; keen on networks with foreign funds: CIO

[Interview] Korea police fund eyes EM debt; keen on networks with foreign funds: CIO

South Korea’s Police Mutual Aid Association (PMAA), a $2 billion savings fund, is interested in sovereign debt of emerging economies, and will put eff...

Korea savings fund to buy $51 mn equity in property funds: report

Korea savings fund to buy $51 mn equity in property funds: report

South Korea’s Construction Workers Mutual Aid Association (CWMA) will acquire 57 billion won ($51 million) worth of equity stakes in two domestic fund...

Korea public officials’ fund to be anchor LP of PAG-led property debt fund

Korea public officials’ fund to be anchor LP of PAG-led property debt fund

Asia-based alternative investment firm Pacific Alliance Group (PAG) is teaming up with a South Korean brokerage company to launch about a 200 billion ...

Starwood Energy to raise $200 mn from Korea to fund $760 mn US deal: report

Starwood Energy to raise $200 mn from Korea to fund $760 mn US deal: report

(Updated to clarify the fund-raising is still underway, based on a comment from a source with knowledge on the matter) KB Asset Management, a unit ...

NPS to invest $100 mn in consumer-focused L Catterton’s $2.5 bn fund

NPS to invest $100 mn in consumer-focused L Catterton’s $2.5 bn fund

South Korea’s National Pension Service (NPS) will commit $100 million to a new fund that L Catterton, a consumer-focused private equity firm, is curre...

Mirae Asset’s $270 mn property fund for State Farm complex fully subscribed

Mirae Asset Global Investments Co. Ltd. has raised the planned 300 billion won ($270 million) in a public property fund in 10 days after it was launch...

Apollo secures $72 mn from Korean funds for German property refinancing

Apollo secures $72 mn from Korean funds for German property refinancing

Apollo Global Management has attracted 80 billion won ($72 million) from a couple of South Korean pension funds to refinance part of bank loans it had...

Mirae Asset launches public fund for $820 mn State Farm complex deal

Mirae Asset launches public fund for $820 mn State Farm complex deal

South Korea’s Mirae Asset Global Investments Co. Ltd. has purchased State Farm Insurance’s four-building office complex in Texas for 900 billion won (...

NPS, CIC joint fund invests in A$9.7 bn Australian port deal

NPS, CIC joint fund invests in A$9.7 bn Australian port deal

South Korea’s National Pension Service (NPS) has invested A$500 million in a deal of securing a 50-year-lease on Australia’s biggest container and car...

Korea police fund picks CIO from outside; gives $90 mn mandates to 6 firms

Korea police fund picks CIO from outside; gives $90 mn mandates to 6 firms

South Korea’s police savings fund has appointed a former fixed-income head of Samsung Asset Management as its first chief investment officer fro...

Macquarie cuts commitments from fund investors after oversubscription

Macquarie Group has closed its latest European infrastructure fund in the first round of fund-raising after attracting more than its target funding, a...

Samsung’s investment firm to set up $270 mn US property mezzanine fund

Samsung’s investment firm to set up $270 mn US property mezzanine fund

A property investment arm of the Samsung Group will raise 300 billion won ($270 million) from South Korean insurance companies and pension funds in a ...

US rate hike talk alters Korean fund’s US property investment strategy

US rate hike talk alters Korean fund’s US property investment strategy

The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...

Korean public officials’ fund to invest $40 mn in cat bonds

The Public Officials Benefit Association (POBA), a savings fund for South Korean public officials, will select about two management firms to commit $4...

Brookfield may raise $90 mn from Korea for property mezzanine fund

A real estate mezzanine fund of Brookfield Asset Management, for which the private investment firm is aiming to raise $2 billion globally, is expected...

HPS, Crescent Capital win Korean pension fund’s $100 mn PDF mandates

The Government Employees Pension Service (GEPS) will commit $50 million to U.S.-based HPS Investment Partners and Crescent Capital Group each for over...

Korea Teachers’ Pension to invest $100 mn in Crescent Capital mezzanine fund

Korea Teachers’ Pension to invest $100 mn in Crescent Capital mezzanine fund

The Teachers’ Pension of South Korea will commit $100 million to a North America-focused, blind mezzanine fund to be launched by U.S.-based Crescent C...

KEPCO taps NPS-led fund to buy US solar power plant for $35 mn

KEPCO taps NPS-led fund to buy US solar power plant for $35 mn

Korea Electric Power Corp. (KEPCO) has signed an agreement to buy a U.S. solar power plant from private equity firm Carlyle Group for $35 million, in ...

Blackstone’s property loan fund raises $900 mn in Korea, beating funding target

Blackstone’s property loan fund raises $900 mn in Korea, beating funding target

Blackstone, the world’s largest real estate investment firm, has attracted 1 trillion won ($900 million) from South Korean institutional investors for...

NPS to put €250 mn in Macquarie Europe fund; drops Nice airport stake buy plan

South Korea’s National Pension Service (NPS) has decided to commit €250 million to Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to ...

Korea military fund to put €40 mn into Macquarie’s Europe infrastructure fund

South Korea’s Military Mutual Aid Association (MMAA) will invest €40 million in Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to rai...

US govt building-lease funds lure Korean investors

US govt building-lease funds lure Korean investors

ING Life Insurance, fisheries cooperatives and a college fund in South Korea will put a total of $80 million into a fund run by USAA Real Estate Compa...

Cerberus’ new Europe property fund may attract over $370 mn from Korean investors

Cerberus’ new Europe property fund may attract over $370 mn from Korean investors

National Pension Service (NPS), Korea Investment Corporation (KIC) and a South Korean insurer are considering putting a combined $370 million into a r...

Korean public officials’ fund picks mezzanine fund firms in closed bids

Korean public officials’ fund picks mezzanine fund firms in closed bids

South Korea’s Public Officials Benefit Association (POBA) has preliminarily chosen three U.S.-based asset management firms of mezzanine funds in limit...

Korea civil servants’ pension fund picks local firms for global stock, bond mandates

South Korea’s Government Employees Pension Service (GEPS) has selected Daishin Asset Management and Shinhan BNP Paribas Asset Management as general pa...

NPS seeks higher pay raise for in-house fund managers ahead of office relocation

The National Pension Service (NPS) is pushing forward a plan to raise the basic pay for in-house fund management staff by about 9% on average in 2016,...

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