KKR secures $1.2 bn exits in Korea for two Asia funds

KKR & Co. has sold a modern logistics facility it had developed in a South Korean port in a transaction estimated to be worth more than 200 billio...

Korean firms invest $96 mn in AT&T headquarters in Dallas

South Korean financial institutions, including Hana Financial Investment Co. Ltd. and KDB Life Insurance Co. Ltd., have invested $96.4 million in ...

[RFP] POBA to commit $250 mn to US, Asia-focused private debt funds

The Public Officials Benefit Association (POBA) plans to commit $250 million to five private debt funds focusing on mid-cap companies in North America...

Samsung Life sells Commerzbank’s London headquarters for $590 mn

Samsung Life Insurance Co. Ltd. has completed the sale of Commerzbank AG’s London headquarters to Singapore’s property investment firm Wing Tai Holdin...

[ASK 2018 SUMMIT Panel Talks] Korea teachers funds to boost Asia portfolios

The Korean Teachers’ Credit Union (KTCU) and the Korea Teachers’ Pension will step up real estate and infrastructure investments in Asia and other eme...

[ASK 2018 SUMMIT] NPS seeks regionally diversified portfolio: CEO

The National Pension Service (NPS) is building regionally diversified portfolios in pursuit of both profitability and stability, said its chief execut...

[ASK 2018 SUMMIT Panel Talks] Korean LPs eying Asia and secondaries PE deals

The Teachers’ Pension and the Military Mutual Aid Association (MMAA) are turning to the Asian private equity market with focus on growth sectors such ...

Woori PE plans to launch $280 mn Southeast Asia-focused PDF

Woori Private Equity Asset Management Co. Ltd. (Woori PE) plans to raise 300 billion won ($280 million) in a global private debt fund jointly with a H...

Mirae Asset seeks to launch $940 mn Asia start-up fund with Korea’s Naver

Mirae Asset Daewoo Co. Ltd. and South Korea’s top internet portal Naver Corp. are looking to invest as much as 1 trillion won ($940 million) in Asia...

[ASK 2017 SUMMIT] KIC eyes Asia, small firms for undervalued assets

Korea Investment Corporation (KIC) is looking to diversify its portfolio into emerging markets, in particular Asia, and will chase smaller-sized firms...

Korean asset manager set to buy NASA headquarters building for about $350 mn

KTB Asset Management Co. Ltd. has been picked as the preferred buyer of the NASA headquarters building in Washington D.C. on behalf of small-sized Sou...

Baring Asia’s Korean parcel delivery firm fails to draw final bidder; UPS walks away

The planned sale of a South Korean parcel delivery firm by Baring Private Equity Asia to a strategic buyer has fallen through, after the last shortlis...