Korean activist investors to routinize campaigns throughout year

Korean activist investors to routinize campaigns throughout year

South Korea’s activist investors are set to routinize campaigns all year long rather than launch fresh moves only before annual general meetin...

NPS initiates strategic currency hedging to unleash up to $48.2 billion

NPS initiates strategic currency hedging to unleash up to $48.2 billion

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...

Korean pension funds raise bets on infrastructure, global stocks

Korean pension funds raise bets on infrastructure, global stocks

South Korean pension funds are raising their bets on infrastructure and global stocks, while reducing exposure to the domestic stock market on a dow...

Imagoworks raises $15.6 mn in Series C funding

Imagoworks raises $15.6 mn in Series C funding

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

Korea to relax FX rules by December to boost dollar selling

Korea to relax FX rules by December to boost dollar selling

South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...

NPS to invest record $1.4 billion in Korean property market in 2025

NPS to invest record $1.4 billion in Korean property market in 2025

South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...

CLO Virtual Fashion raises $35 mn

CLO Virtual Fashion raises $35 mn

South Korea's 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million).Atinum Investment Co. an...

Language learning app Speakeasy joins ranks of unicorn startups

Language learning app Speakeasy joins ranks of unicorn startups

Speakeasy Labs Inc., a South Korea-focused language learning app operator, has joined the ranks of unicorn startups after raising $78 million at a v...

GIC to open 2nd tender for Seoul landmark building sale as bids disappoint

GIC to open 2nd tender for Seoul landmark building sale as bids disappoint

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to seek more proposals from bidders to sell a land...

Korean firms halt bond, share issues despite tighter liquidity

Korean firms halt bond, share issues despite tighter liquidity

South Korean companies are postponing bond issues and initial public offerings on chilled investor sentiment in the aftermath of President Yoon Suk ...

Samsung invests in AI security platform Axiado

Samsung invests in AI security platform Axiado

Samsung Electronics Co. said on Thursday it invested in the Series C funding round of Axiado, a US-based artificial intelligence (AI) security platf...

NPS incurs $500 million in missed gains due to improper forex hedging

NPS incurs $500 million in missed gains due to improper forex hedging

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...

Blackstone, Carlyle, MBK vying for CJ CheilJedang’s bio business

Blackstone, Carlyle, MBK vying for CJ CheilJedang’s bio business

Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest prod...

KB Asset parts ways with Dragon Capital in Vietnam

KB Asset parts ways with Dragon Capital in Vietnam

South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...

NPS enjoys 9.2% return as of Q3 on bullish US stocks

NPS enjoys 9.2% return as of Q3 on bullish US stocks

The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...

Korea Zinc’s role questioned in SM Entertainment stock manipulation case

Korea Zinc’s role questioned in SM Entertainment stock manipulation case

When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...

Korean pension funds buy a net $1.2 bn in Kospi stocks in November

Korean pension funds buy a net $1.2 bn in Kospi stocks in November

South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...

Eximbank of Korea to commit $143 mn to 4 Korean PEs

Eximbank of Korea to commit $143 mn to 4 Korean PEs

IMM Investment, Korea Investment Private Equity (PE), Corstone Asia, and Paratus Investment have been selected for the Export-Import Bank of Korea's...

NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds

NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...

SK Square to buy back $72 mn shares amid Palliser's value-up push

SK Square to buy back $72 mn shares amid Palliser's value-up push

SK Square Co., the investment arm of South Korea’s No. 2 conglomerate SK Group, announced shareholder-friendly measures on Thursday, in respon...

Korean funds offer rescue financing for global offices

Korean funds offer rescue financing for global offices

South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...

MBK Partners’ 6th buyout fund raises $5 bn at 2nd close

MBK Partners’ 6th buyout fund raises $5 bn at 2nd close

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach ...

Panmnesia raises $57 mn in Series A funding

Panmnesia raises $57 mn in Series A funding

Panmnesia, a South Korean fabless startup specializing in compute express link (CXL) technology, said on Tuesday it raised 80 billion won ($57 milli...

KB Asset Management to list Balhae Infrastructure Fund

KB Asset Management to list Balhae Infrastructure Fund

South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...

NPS commits $436 mn to Koramco, Hana Alternative for real estate lending

NPS commits $436 mn to Koramco, Hana Alternative for real estate lending

The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...

South Korean VCs in search of better returns abroad

South Korean VCs in search of better returns abroad

South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...

Australia, Asia real estate whet Korean pension funds' appetite

Australia, Asia real estate whet Korean pension funds' appetite

South Korean pension funds and insurance companies are raising their bets on real estate as they diversify their US and Europe-focused portfolios in...

Align Partners calls on Doosan Bobcat to boost shareholder value

Align Partners calls on Doosan Bobcat to boost shareholder value

Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...

Korean pension funds to up private equity exposure in 2025

Korean pension funds to up private equity exposure in 2025

South Korea's major pension and savings funds see no drastic reshuffle to their portfolios tilted to private debts next year. But they are looking t...

Activist fund Palliser demands SK Square draw up value-boosting measures

Activist fund Palliser demands SK Square draw up value-boosting measures

UK-based activist fund Palliser Capital Ltd. is calling on SK Square Co., the investment arm of South Korea’s second-largest conglomerate SK G...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal