Castlelake’s aviation fund may draw $200 mn from Korean investors: report

Castlelake’s aviation fund may draw $200 mn from Korean investors: report

The Public Officials Benefit Association (POBA), the Korea Scientists and Engineers Mutual-aid Association and other South Korean institutional invest...

Hana Asset raises €44.2 million in FoF to invest in CVC private debt fund

Hana Asset raises €44.2 million in FoF to invest in CVC private debt fund

The investment firm of South Korea’s Hana Financial Group has raised €44.2 million ($47 million) mostly from domestic life insurers through a private ...

Korea construction workers’ fund to pick two debt fund managers for $70 mn

Korea construction workers’ fund to pick two debt fund managers for $70 mn

(Corrected: The CWMA source on April 13 corrected the timetable of the planned debt manager selection to “soon”, and added that it has already begun t...

Korean military fund names equity head as financial division CIO

Korean military fund names equity head as financial division CIO

The Military Mutual Aid Association’s (MMAA) former equity head Jae Dong Kim was installed this month as its first chief investment officer chosen fro...

Hana Financial to underwrite $50 mn debt in aircraft fund for Qatar Airways

Hana Financial to underwrite $50 mn debt in aircraft fund for Qatar Airways

Hana Financial Investment Co. Ltd. will acquire mezzanine debts of $50 million in an aircraft fund set up to buy a Boeing 777-300ER which Qatar Airway...

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

The Public Officials Benefit Association and the Korea Scientists and Engineers Mutual-aid Association have decided to invest $50 million and $30 mill...

KB Securities to launch public fund to buy $224 mn Hawaii hotel from KKR

KB Securities to launch public fund to buy $224 mn Hawaii hotel from KKR

The brokerage arm of KB Financial Group, a top South Korean banking group, is planning to raise around 60 billion won ($54 million) from individual in...

Korea public officials fund set to buy Belgium building for $117 mn

Korea public officials fund set to buy Belgium building for $117 mn

The Public Officials Benefit Association (POBA) has been recently named as a preferred buyer of an office complex in Brussels, Belgium, in a 130 billi...

Apollo Global, Cerberus win GEPS’ $160 mn private debt fund mandates

Apollo Global, Cerberus win GEPS’ $160 mn private debt fund mandates

The Government Employees Pension Service (GEPS) has awarded overseas private debt fund mandates for opportunistic strategies to Apollo Global Manageme...

Korean asset firms strive to fund property deals as institutions step back

Korean asset firms strive to fund property deals as institutions step back

South Korean investment firms, which have recently snapped up prime office buildings and warehouses in the US and Europe, are struggling to raise capi...

Five private debt firms win $120 mn mandates from Korean govt employee fund

The Public Officials Benefit Association (POBA), a South Korean savings fund for government employees, has wrapped up its selection of five overseas p...

ILS funds of funds attract Korean high net-worth individuals

ILS funds of funds attract Korean high net-worth individuals

Funds of funds (FoFs) investing in insurance-linked securities (ILS) funds have been luring yield-hungry wealthy South Koreans, with domestic brokerag...

Korea’s first Australia property fund for retail investors raises $125 mn

Korea’s first Australia property fund for retail investors raises $125 mn

Mirae Asset Global Investments Co. Ltd. has raised 141 billion won ($125 million) as planned from a domestic public fund launched to finance its $245 ...

Korean institutions partake in US fund’s buyout deal as financial investors: report

Korean institutions partake in US fund’s buyout deal as financial investors: report

NH Investment & Securities Co. Ltd. and a federation of credit cooperative in South Korea have extended about 50 billion won ($44 million) of loan...

Aircraft funds in Korea quadruple in 4 yrs; overheating concern sets in

Aircraft funds in Korea quadruple in 4 yrs; overheating concern sets in

Aviation finance funds are expected to attract another billions of dollars from South Korean investors this year to a cumulative $3.9 billion, driven ...

Samsung property fund invests $100 mn in mezzanine debt of US building

Samsung property fund invests $100 mn in mezzanine debt of US building

A $270 million real estate fund of Samsung SRA Asset Management Co. Ltd. has invested $100 million in mezzanine debts backed by a prime office build...

Korean military fund to pick new CIO from within for first time

Korean military fund to pick new CIO from within for first time

South Korea’s Military Mutual Aid Association (MMAA) will find a successor of the retiring Chief Investment Officer, Sang-ho Lee, inside its organizat...

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Partners Group, a Switzerland-based investment firm, is looking to raise a further €655 million ($689 million) in March for the final close of it...

Korea Post plans to select multi-strategy fund of hedge fund managers

Korea Post’s insurance unit is preparing to pick global fund-of-hedge-fund managers using multi-strategy and will soon determine the amount of investm...

NPS rejects $177 mn debt for Carlyle’s refinancing of ADT Korea

NPS rejects $177 mn debt for Carlyle’s refinancing of ADT Korea

The National Pension Service’s (NPS) rejection last week of 200 billion won ($177 million) investment in ADT Korea, owned by the Carlyle Group, has ca...

[Interview] NongHyup Life eyes hedge fund, private equity secondary investments

[Interview] NongHyup Life eyes hedge fund, private equity secondary investments

NongHyup Life Insurance Co. Ltd., a unit of South Korea’s agricultural cooperative, will commit an additional 700 billion won ($620 mn) to overseas al...

Korean banks flex muscles for alternative assets; Kookmin, Shinhan may invest in KKR’s fund

South Korea’s Kookmin Bank and Shinhan Bank are consdering investing 30 billion won ($26 million) each to a private equity buyout fund which KKR &...

[RFP] Korea’s GEPS seeks $160 mn offshore private debt fund managers

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

Korea public officials' fund sees $200 mn allocation to cat bonds, private debt funds in H2

South Korea’s Public Officials Benefit Association (POBA) is most likely to select global asset managers to invest about $200 million on aggregate in ...

Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds

Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds

(Corrected: Numbers in the first and third paragraphs were corrected to $500 to $600 million, and $880 million, respectively) The Public Officials ...

AMP Capital’s Australia infrastructure fund tipped to raise $76 mn from Korea

AMP Capital’s Australia infrastructure fund tipped to raise $76 mn from Korea

An infrastructure fund managed by Australia-based AMP Capital is expected to attract about 87 billion won ($76 million) from South Korean investors, i...

Korean insurers take bold steps toward buyout, hedge funds

Hyundai Marine & Fire Insurance Co. Ltd. has recently committed €50 million ($53 million) to a €7 billion buyout fund which British private equity...

Korean investors mull investing in Ares Management’s $2.5 bn US private debt fund

Korean investors mull investing in Ares Management’s $2.5 bn US private debt fund

South Korean institutional investors, including the Korean Scientists and Engineers Mutual-aid Association, Nonghyup Life Insurance Co. Ltd. and Lotte...

KIC, NPS agree not to hire each other’s ex-fund managers: report

Korea Investment Corporation (KIC), a sovereign wealth fund, has agreed with the National Pension Service (NPS) not to employ each other’s former inve...

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