How Glenwood made twofold return from HanGlas without dividends

Seoul based-Glenwood Private Equity, founded in 2014, has been quietly building its presence in the South Korean M&A market, chasing assets deem...

One in five S.Koreans use AI-powered tax filing platform 3.3

Jobis & Villains, the operator of artificial intelligence-powered accounting platform 3.3, is resolute about its mission to help gig economy wor...

Korean online banks’ disruptive business model: Woo low-credit borrowers

South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...

PI Advanced up for sale in deal estimated at $1 bn

Seoul-based Glenwood Private Equity is putting a majority stake in South Korea's PI Advanced Materials Co., the world's largest polyimide (PI) film ...

Construction Workers taps former Credit Union head as new CIO

Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...

LX Group to buy glassmaker from Glenwood PE

South Korea’s LX Group is acquiring a local glassmaker from private equity firm Glenwood PE.LX Group was scheduled to sign a memorandum of und...

Credit Suisse promotes two MDs in Seoul

Credit Suisse Group AG has appointed two South Koreans as new managing directors (MD) for its Seoul office. Shim Jong-min and Kim Sei-won were promo...

Glenwood to join GS' acquisition of S&I E&C

South Korea’s construction conglomerate GS Engineering & Construction Co. said on November 17 that it has selected Korean private equity...

[ASK 2021] Opportunistic Strategies in Private Credit & Snapshot Examples

Crestline Investors, Inc., founded in 1997 and based in Fort Worth, Texas, USA, is an institutional alternative investment management...

[ASK2021] European Banking Sector Dislocation: The Non-Performing Credit Opportunity

Arrow Global is a leading European investor and alternative asset manager focused on the European distressed space, backed by sophist...

[ASK 2021] CLO Market Insights - Resilience and Growth across Credit Cycles

Founded in 2006, Vibrant Capital Partners is a leading alternative credit investment manager. The firm is majority owned by active partners and ...

Toss Bank debuts amid government's tightening of loans

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

Beauty chain CJ Olive Young to embark on 2022 IPO process

CJ Olive Young, South Korea's largest beauty store chain, is moving ahead with its plan to go public next year, which will likely raise new capital ...

Korean Air credit outlook raised, passenger traffic set to return

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...

Monroe Capital opens first Asian outpost in Seoul

The US private credit markets-focused Monroe Capital LLC has made its foray into Asia by opening an office in South Korea, where the National Pensio...

S.Korea to allow brokerages to trade carbon credits

Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading market by year's end a...

Citibank Korea’s retail banking exit faces stumbling block

The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its boar...

S.Korea to launch first carbon credit ETFs in September

South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the rising investor dema...

Credit Suisse takes one-fifth of S.Korea's Aug IPO fees

Credit Suisse (CS) is taking one-fifth of the underwriting fees from South Korea's four big initial public offerings this month, including KakaoBank...

Tourism, aircraft take bulk of 2020 alternatives loss

South Korea's eight leading brokerage companies, including Mirae Asset Securities Co. and Hana Financial Investment Co., are estimated to have booke...

Toss Bank to compete with K Bank, Kakao Bank from September

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

ADT Caps hires IPO managers to speed up 2021 listing

ADT Caps Co., South Korea's No. 2 security services provider, has appointed Morgan Stanley, Credit Suisse and NH Investment & Securities Co. to ...

LG Chem stock plunges -6.73%, worst dip since March

LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...

Korea Credit Data raises over $35 mn from Pavilion, GS, KB Bank

South Korea-based fintech firm Korea Credit Data (KCD) has raised around 40 billion won ($36 million) from Singapore-based private equity firm Pavil...

BTS label cites fan-tailored innovation as key to success

Fan-tailored innovation is the crux of the success behind K-pop sensation BTS' label, according to Lenzo (Seok-jun) Yoon, chief executive of Big Hit...

Coupang likely to get $1 bn credit line from IPO managers

South Korea’s online retailer Coupang Corp. is looking to secure a credit line of up to $1 billion from the underwriters of its US initial pub...

Seoul to offer $3 bn credit insurance on Saudi's megaprojects

Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...

Credit Suisse retains top spot in Korea’s M&A advisory league

Credit Suisse has maintained its top position on South Korea’s M&A advisory league table in 2020, working on most of the high-profile deal...

Glenwood PE to acquire minority stake in Korea's largest beauty chain

CJ Group has selected Glenwood Private Equity as the buyer of a minority stake in South Korea’s No. 1 health and beauty store CJ Olive Young...

Korean Teachers’ Credit poised for best return since 2010

The Korean Teachers’ Credit Union (KTCU) is on course to post its strongest investment return in a decade of around 9%, driven by double-digit...