SK Hynix co-vice chairman hints at expanding foundry business

SK Hynix Inc., the world’s second-largest memory chipmaker, may expand its foundry business as a growing number of industries are suffering fr...

KIC, Hyundai Heavy to co-invest $900 mn in growth firms

The sovereign wealth fund Korea Investment Corporation (KIC) will make co-investments worth up to 1 trillion won ($900 million) alongside the Hyunda...

Hahn & Co. to put Korean auto parts maker up for sale

South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expect...

Hahn & Co finances $700 mn Korean Air deal with about $400 mn debt

Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...

NongHyup looks to expand KIC co-investment beyond PE

South Korea’s National Agricultural Cooperative Federation (NACF), or NongHyup Bank, is willing to expand its co-investment partnership with Kor...

[ASK2020] Why is co-investment an attractive tool for investors?

Hamilton Lane (NASDAQ: HLNE) is a leading alternative investment management firm providing innovative private markets solutions to sophisticated...

NPS forms co-investment partnership with Dutch pension

The National Pension Service has formed a strategic alliance with Dutch pension fund manager APG, through which they recently made co-investments in A...

Auto parts maker Mando to co-develop COVID-19 ventilators with NASA

Mando Corp, a South Korean auto parts manufacturer, has been picked by the US National Aeronautics and Space Administration (NASA) as a ventilator co-...

Celltrion to co-develop pill-type autoimmune disease drug with UK startup

Biosimilar maker Celltrion Inc. has agreed to develop a tablet-type treatment for autoimmune diseases jointly with the UK biotech startup Intract Phar...

Carlyle names co-CEO Kew Lee as sole CEO

Kewsong Lee, co-chief executive officer of the Carlyle Group, has been appointed as the US private equity group’s chief executive officer after ...

KIC forms $400 mn joint venture with NongHyup for private equity co-investment

Korea Investment Corporation (KIC) has announced a $400 million joint venture with NongHyup, or the National Agricultural Cooperative Federation, to...

Mirae Asset co-leads $100 mn financing for China’s biotech startup

Mirae Asset Financial Group has invested $28 million in Shanghai-based biotechnology startup JW Therapeutics, about a quarter of $100 million financin...

IMM Investment buys stake in Texas Express Pipeline in $1 bn co-investment

South Korea’s IMM Investment Corp. has agreed to buy a 35% stake in Texas Express Pipeline, a joint venture for natural gas liquids transportati...

Macquarie seeks co-investors for over $2 bn Korean gas firm purchase

Macquarie’s investment unit may attract Singapore’s sovereign wealth fund GIC and other limited partners of its Asia infrastructure fund a...

POBA, PFA, Patrizia co-invest in Europe’s $1.3 bn logistics portfolio

The Public Officials Benefit Association (POBA), Danish pension fund PFA and real estate investment firm Patrizia AG have co-invested 800 billion won ...

KTCU, SK Holdings to launch $1 bn fund for global co-investment

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint fund with South Korea’s SK Holdings Co. Ltd. to make cross-border investme...

[ASK 2019 SUMMIT] KIC to boost alternatives with co-ops' assets

Korea Investment Corporation (KIC) will raise the proportion of alternative investments with further diversified portfolios, while seeking to manage p...

POBA to up co-investment with CalSTRS, Texas pension fund

The Public Officials Benefit Association (POBA) will double co-investment with the California State Teachers’ Retirement System (CalSTRS) to 880 billi...

NPS co-invests in Morgan Stanley fund’s US energy firm purchase

The National Pension Service (NPS) has poured around $100 million into a co-investment led by a Morgan Stanley fund to acquire units of a US shale gas...

[Interview] Carlyle sees huge potential in private credit: Co-CEO

The Carlyle Group, one of the world’s biggest private equity firms, puts the expansion of credit business as a top priority as the private debt market...

NPS, KTCU pour $100 mn into healthcare co-investments

The National Pension Service (NPS) has put around 100 billion won ($93 million) into an equity stake in Dental Corporation, Canada’s largest net...

Hyundai co-invests in $275 mn property near Paris with French firm

Hyundai Investments Co. Ltd. has completed the €235 million ($275 million) acquisition of a seven-story office building in the Paris metropolitan area...

StepStone collects $90 mn from Korean LPs for PDF, co-investment

New York-based StepStone Group has raised $90 million in commitments from three South Korean institutional investors since the start of this year, inc...

POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt

The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...

Korea scientists fund to commit $37 mn to co-investment funds; $34 mn to PDF

Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to commit $37 million to co-investment funds of US-based StepStone Group and ...

[RFP] Korea Post seeks two global PEF managers for $200 mn co-investment

Korea Post plans to allocate a total of $200 million to two global private equity fund managers employing co-investment strategies. It will receive p...

US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility

Two US state pension funds and a Hong Kong public fund have invested 50 billion won ($47 million) in aggregate to buy a minority stake in South Korea’...

Brookfield, NH Investment co-invest $100 mn in CBs of US LNG terminal

Brookfield Asset Management and NH Investment & Securities Co. Ltd. have bought $100 million of convertible bonds (CBs) backed by a liquefied natu...

Korean hedge fund house co-invests in $40 mn Florida building purchase

South Korea’s small hedge fund company Anda Asset Management Co. Ltd. has invested $8 million in a $40 million joint acquisition of a four-story offic...

NPS secures hefty return from first exit of global infrastructure co-investment

South Korea’s National Pension Service (NPS) has pocketed more than €100 million ($114 million) from the recent sale of a 5% stake in Spain’s leading ...