KTCU bumps up global PE investment by 90% since end-2018

KTCU bumps up global PE investment by 90% since end-2018

The Korean Teachers’ Credit Union (KTCU) has pushed up overseas private equity investments by 90% to 1.9 trillion won ($1.6 billion) over the pa...

NPS adds six global alternative investment managers in Q2

NPS adds six global alternative investment managers in Q2

The National Pension Service has added three real estate investment firms, two infrastructure managers and one private equity and debt investment hous...

Korean battery makers take charge in global EV market outperforming rivals

Korean battery makers take charge in global EV market outperforming rivals

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

Global alternatives boost KTCU’s H1 investment returns

Global alternatives boost KTCU’s H1 investment returns

Alternative investments became the best-performing asset class for the Korean Teachers’ Credit Union (KTCU) in the first half of this year, retu...

Corporate bankruptcy filings hit all-time high in Korea amid global pandemic

Corporate bankruptcy filings hit all-time high in Korea amid global pandemic

Corporate bankruptcy cases in July posted a historic high with 103 filings, mirroring the global impact of the pandemic and its heavy blow to Sou...

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...

Global partnership pushes Hanwha into final round of Aussie armored vehicle deal

Global partnership pushes Hanwha into final round of Aussie armored vehicle deal

Hanwha Defense Co. has reached the final stretch in a race to win Australia’s 5-trillion won (US$4.2 billion) project to buy new infantry fighti...

Korean shipyards retake global top spot in July with pricey LNG vessels

Korean shipyards retake global top spot in July with pricey LNG vessels

South Korean shipbuilders replaced their Chinese rivals to take the top spot in the global order book last month, thanks to their supremacy in buildin...

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate

[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate

(On August 25, Korea Post extended the deadline for submitting proposals for its global debt investment mandate to August 31, 2020 from August 19, 202...

NPS to add 200 global investment staff to cut fees, emulating CPPIB

NPS to add 200 global investment staff to cut fees, emulating CPPIB

The National Pension Service plans to carry out about a fivefold increase in overseas staffing by 2024 which will help to reduce external management f...

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix

[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix

Watcha, a Korean streaming platform, is gearing up to tap into Japan and Southeast Asian markets following the completion of Series D funding worth 19...

Korean logistics centers see high demand from untact businesses amid global pandemic

Korean logistics centers see high demand from untact businesses amid global pandemic

Logistics center operations in Korea have remained strong amid the global pandemic on account of e-commerce and third-party logistics' ...

Why Korean online giants Kakao and Naver soar amid global pandemic

Why Korean online giants Kakao and Naver soar amid global pandemic

Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...

Korea’s IPO market gains steam amid global pandemic

Korea’s IPO market gains steam amid global pandemic

SK Biopharmaceuticals Co. Ltd. made a strong market debut on the Korea Exchange, as the country's IPO market has been gaining steam with newly listed ...

NPS to ramp up global equities exposure over next 5 years

NPS to ramp up global equities exposure over next 5 years

The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...

POBA eyes distressed assets; reduces office buildings exposure

POBA eyes distressed assets; reduces office buildings exposure

The Public Officials Benefit Association (POBA) will aggressively chase distressed assets to take advantage of the recent market downturn, while scali...

Korean LPs receive massive capital calls from global funds

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...

Mirae Asset to sell up to $600 mn global debt for investment

Mirae Asset to sell up to $600 mn global debt for investment

Mirae Asset Daewoo Co. Ltd. plans to issue a global bond worth $500 million to $600 million as early as April for the third year of offshore debt sale...

KKR consortium buys Seoul office tower from NPS

KKR consortium buys Seoul office tower from NPS

A consortium of KKR & Co. and two South Korean companies have closed the acquisition of a Seoul office tower from the National Pension Service (NP...

KIC to boost startup investment with new San Francisco office

KIC to boost startup investment with new San Francisco office

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

NH, Shinhan fund Helsinki office complex purchase with $210 mn equity

NH, Shinhan fund Helsinki office complex purchase with $210 mn equity

NH Investment & Securities Co. Ltd. and Shinhan Investment Corp. have underwritten about 250 billion won ($210 million) in equity to fund the 480 ...

NPS abolishes Korea-focused alternatives teams for global push

NPS abolishes Korea-focused alternatives teams for global push

The National Pension Service (NPS) has abolished Korea-focused teams under the three investment divisions of private equity, real estate and infrastru...

Eugene Investment acquires Poland office building for $61 mn

Eugene Investment acquires Poland office building for $61 mn

Eugene Investment & Securities Co. Ltd. has entered the European real estate market with the purchase of an office building in Warsaw, Poland for ...

Hana Fin buys Germany’s office complex from Blackstone for $1.1 bn

Hana Fin buys Germany’s office complex from Blackstone for $1.1 bn

Hana Financial Investment Co. Ltd. closed on the 1.3 trillion won ($1.1 billion) purchase of Germany’s largest office complex in Frankfurt from ...

DTCP to scale Korean start-ups into global unicorns

DTCP to scale Korean start-ups into global unicorns

Deutsche Telekom CEO Tim Hoettges visited SK Telecom in June and discussed ways to collaborate in 5G mobile communication services. The two companies ...

[RFP] Construction workers’ fund to commit $25 mn to global infra debt fund

The Construction Workers Mutual Aid Association (CWMA) plans to commit $25 million to a global infrastructure blind-pool fund investing in senior or m...

Korean firms in all-out effort to sell down Paris office buildings

Korean firms in all-out effort to sell down Paris office buildings

South Korean brokerage firms are stepping up efforts to sell down their remaining equity investments of around 600 billion won ($518 million) in the P...

[RFP] Korea Post plans $200 mn global housing investment

Korea Post’s savings arm plans to select two global real estate managers to invest $200 million, or 200 million euros, in the housing market in the US...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot