[RFP] Korea Post seeks six global equity fund houses

Korea Post’s savings unit plans to select two global stock managers for exchange-traded fund (ETF) investment around the end of September, and four ot...

NPS in emergency system under acting CIO, global alternatives head

The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of...

Blackstone, Kuwait fund among bidders for NPS’ Sony Center in Berlin: report

Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pen...

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 ...

NPS cancels global alternative head appointment on CV inaccuracy

The National Pension Service (NPS) has withdrawn the appointment of its new global alternative investment head due to an inaccurate statement on his r...

Mirae Asset weighs $433 mn global real estate fund launch

Mirae Asset Global Investments Co. Ltd. is considering raising around 500 billion won ($433 million) in a global real estate fund, buoyed by hefty ret...

Hanwha Asset to raise $1 bn from insurance arms to launch global funds

South Korea’s Hanwha Asset Management Co. Ltd. will launch three global funds for infrastructure, real estate and private equity investments, with $1 ...

Korean brokerage firms buy two UK logistics centers for $240 mn

Two South Korean brokerage firms – KB Securities Co. Ltd. and Kiwoom Securities Co. Ltd. – have teamed up to buy a logistics center for 167 billion wo...

NPS to raise global stock portion by end-2022

The National Pension Service (NPS) will further increase the proportion of overseas investment with a higher share of global equities, according to it...

NPS names CIO’s ex-colleague as global alternative head

Jae-Sang Kim, who had worked with National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang in asset management firms for several ye...

POBA selects 7 global private equity fund managers for $300 mn

The Public Officials Benefit Association (POBA) has picked seven global private equity fund houses to invest $300 million in five different strategies...

[RFP] Korea Post seeks global private debt fund managers for up to $300 mn

Korea Post's savings unit announced a plan on May 17 to invest up to $300 million in overseas private debt funds focusing on mezzanine and distresse...

[RFP] Korea Post seeks global fund of hedge fund managers

Korea Post’s insurance unit on May 8 posted a request for proposals of multi-strategy funds of hedge funds. It will receive proposals by 5 pm, May 19...

[RFP] Korea Post seeks global private equity FoF managers for $200 mn

Korea Post’s insurance unit is planning to commit about $100 million each to two multi-strategy global funds of funds (FoFs) employing primary, second...

KIC picks $400 mn global bond managers among firms with Korean subsidiaries

Korea Investment Corporation (KIC) has introduced new requirements to foreign bond managers that they have South Korean subsidiaries which will not be...

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...

NPS in hunt for new global alternative investment head from outside

South Korea’s National Pension Service (NPS) has decided to select a new global alternative investment head from outside the $480 billion pension fund...

Korea’s GEPS hires ex-NPS’ NY office head to lead global investment division

South Korea’s Government Employees Pension Service (GEPS) has named a former senior investment manager of the National Pension Service (NPS), who had ...

NPS’ global alternative head, global public market head offer to resign

Two key fund managers of South Korea’s National Pension Service (NPS) have offered to step down earlier this month, joining in 25 other employees ...

Samsung Asset to launch $500 mn global infrastructure debt fund with IFM: report

Samsung Asset Management Co. Ltd. will launch a $500 million blind-pool fund investing in infrastructure-backed debt in developed countries, and joint...

Blackstone may inject $200 mn into Korea fund for 6~7 logistics center purchase

The Blackstone Group L.P. is understood to commit about $200 million to a South Korean fund to finance its 70 billion won ($59 million) acquisition of...

NPS, KIC global alternative heads to discuss property, infrastructure outlook in Oct 20 summit

Keymen of major South Korean institutional investors, including the National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post,...

Korean firms complete $320 mn financing for Newark Energy Center of US

South Korean insurance firms and other institutions have committed a total of $250 million to a local fund set up to provide senior loans to Newark En...

Korea civil servants’ pension fund picks local firms for global stock, bond mandates

South Korea’s Government Employees Pension Service (GEPS) has selected Daishin Asset Management and Shinhan BNP Paribas Asset Management as general pa...

NPS replaces global alternative head in internal moves of senior managers

The National Pension Service (NPS) appointed its domestic alternative division head, Sang-Hyun Yoo, as the new head of the global alternative division...

[RFP] Korea’s GEPS seeks $170 mn fund of funds managers of global stocks, bonds

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 1 to invite bids for a 100 billion won ($87 million) mandate f...

POBA to pick 2 global infrastructure fund firms in June for $85 mln investment – report

South Korea’s Public Officials Benefit Association (POBA), a savings fund for local public officials, plans to select two offshore infrastructure inve...

[RFP] Korea Post seeks global managers for U.S., Canada real estate investment

- Deadline to submit proposal is May 30, 2016; Final selection set for July 1, 2016 Korea Post announced a request for proposal on May 23 for its u...

Korea Post to assess domestic agent role to mandate global GPs for up to $160 mln

Korea Post will focus on post-sales management capability of domestic placement agents when it assesses proposals from global general partners (GPs) f...

Global PEFs in bidding for GEPS’ $100 million overseas secondary fund investment

- GEPS to make 2nd commitment to global secondary PEF since 2014; investment size to triple - To pick 2 GPs by mid-June to commit $50 million, resp...