Baring PE Asia poised to sell Korean parcel delivery firm for $250 mn

Baring Private Equity Asia is in the final stages of talks with a South Korean private equity firm to sell the country’s No. 4 parcel delivery c...

NPS boosts private debt and venture capital investment in Q1

The National Pension Service (NPS) has beefed up investments in private debt and venture capital funds by adding Antares Capital Advisers and Insight ...

MBK closes Asia's 3rd biggest buyout fund at $6.5 bn

MBK Partners held the final close of its fifth buyout fund at $6.5 billion on May 20, which marked the third-biggest fundraising for an Asia-focused p...

Bain Capital to invest $123 mn in South Korean online education startup

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

Outbound real estate funds hit by first capital outflow in over 4 years

South Korea’s real estate funds for outbound investment saw their first net capital outflows in four and a half years in March, hit by delays in...

Korean LPs receive massive capital calls from global funds

Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...

[Dealmaker] Unison Capital shines in Korea’s niche sectors

Middle market-focused Unison Capital Inc. stood out in South Korea’s buyout market in 2019 with two lucrative exits and two startup acquisitions...

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...

Shinhan backs AMP Capital’s $763 mn US data center acquisition

Shinhan Investment Corp. has provided 194.1 billion won ($162 million) in financing for AMP Capital’s 911 billion-won ($763 million) acquisition...

SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...

AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea

Twenty-four South Korean institutional investors, including the National Pension Service, the Korean Teachers’ Credit Union and the Public Offic...

Ardian, Veritas Capital, HPS Investment win POBA’s $150 mn PEF mandates

The Public Officials Benefit Association (POBA) has picked three global private equity firms as follows to commit $50 million to their blind-pool fund...

[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...

Unison Capital agrees to sell Gong Cha to US PEF for $300 mn

South Korea-based Unison Capital Inc. has signed a definitive agreement to sell milk tea brand Gong Cha to US private equity firm TA Associates for ar...

Unison Capital in final stages of talks to sell Gong Cha to US PEF

Unison Capital Inc. is in the final stages of negotiations to sell Taiwan-style milk tea brand Gong Cha to US private equity firm TA Associates for ar...

TIAA, Korean Teachers’ Credit to form 3rd JV with $510 mn capital

The Teachers Insurance and Annuity Association of America (TIAA) and the Korean Teachers’ Credit Union (KTCU) have reached a preliminary agreement to ...

MMAA commits $40 mn to Oaktree Capital’s special situations fund

The Military Mutual Aid Association (MMAA) has committed $40 million to Oaktree Capital Management’s Asia-focused special situations fund which report...

Unison Capital puts bubble tea franchise Gong Cha up for sale

Private equity firm Unison Capital Inc. has put bubble tea franchise Gong Cha on the market, a deal estimated at up to $442 million, as the South Kore...

Meritz Sec to buy $540 mn aircraft portfolio from DAE Capital

Meritz Securities Co. Ltd. will acquire 18 used aircraft from Dubai Aerospace Enterprise (DAE) Capital for $540 million, for which it is to complete t...

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital Partners, the credit investment arm of the Blackstone Group, has raised 450 million euros ($511 million) in a Europe mid-market collateral...

Alcentra, BlueBay win GEPS’ $90 mn Europe private debt mandates

The Government Employees Pension Service (GEPS) will commit 40 million euros ($45 million) each to blind-pool private debt funds of Alcentra Ltd. and ...

[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...

[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...

EQT to raise $70 mn from two Korean funds for $2.3 bn credit fund: report

Swedish private equity firm EQT Partners is gathering €60 million ($70 million) from two South Korean retirement funds and seeking to raise an additio...

TPG, Coller Capital, Ardian win POBA’s $150 mn PEF mandates: report

The Public Officials Benefit Association has awarded $150 million private equity mandates to TPG Capital (for buyout/growth strategy), London-based Co...

[ASK 2018 SUMMIT Panel Talks] Korean LPs seek riskier private debt investment

Major South Korean institutional investors plan to raise exposure further to credit investments in search of steady cashflows and expect to see more i...

[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...

Starwood Capital raises $530 mn from Korea for $7.6 bn fund

Starwood Capital Group, a US real estate investment firm, has raised around $530 million from South Korean institutional investors for its largest fun...