Korean beauty chain draws Goldman, five domestic final bidders

Korean beauty chain draws Goldman, five domestic final bidders

Goldman Sachs Principal Investment Area (PIA) and five South Korean companies, including four private equity firms, have made final bids for a min...

POBA seeks new global REIT manager for $100 mn mandate

POBA seeks new global REIT manager for $100 mn mandate

South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...

NPS adds KKR, two global alternatives managers in Q3

NPS adds KKR, two global alternatives managers in Q3

The National Pension Service has added KKR and Sydney-based Scape Australia Management to its pool of 54 global real estate investment managers in...

Goldman Sachs’ $14 bn credit fund draws $260 mn from Korea

Goldman Sachs’ $14 bn credit fund draws $260 mn from Korea

South Korea’s Police Mutual Aid Association (PMAA) and financial services firms, including Samsung Securities Co., have committed $260 million...

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs Principal Investment Area (PIA) has entered the race for a stake in South Korea’s health and beauty franchise CJ Olive Young, beco...

Top Korean travel startup Yanolja taps 2021 IPO managers

Top Korean travel startup Yanolja taps 2021 IPO managers

South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offe...

Market rally double-edged sword for fund managers as investors exit

Market rally double-edged sword for fund managers as investors exit

The South Korean stock market’s recent rally is both a blessing and a curse for fund managers as investors are increasingly exiting their funds ...

Hyundai Motor hires Goldman as adviser for Boston Dynamics acquisition

Hyundai Motor hires Goldman as adviser for Boston Dynamics acquisition

Hyundai Motor Co. has hired Goldman Sachs Group Inc. as its adviser in its attempt to acquire Boston Dynamics Inc., signaling the seriousness of the S...

NPS to manage FX exposure via derivatives

 NPS to manage FX exposure via derivatives

The National Pension Service will begin to manage foreign currency risk through derivatives trading, as the $690 billion pension fund is aiming to boo...

Why Korea struggles to manage the US, China

Why Korea struggles to manage the US, China

As the United States and China fight like proverbial whales in the ocean, middle power dolphins like South Korea must strategize to avoid being crushe...

Transparency, GP commitment key in Korea LPs' manager selection

Transparency, GP commitment key in Korea LPs' manager selection

South Korea’s leading institutional investors, including the National Pension Service (NPS), rated general partners’ (GP) commitment and f...

Firms vie to become Krafton's $883 mn IPO manager

Firms vie to become Krafton's $883 mn IPO manager

A competitive lineup of securities firms gathered at game developer Krafton Inc.'s office building in Pangyo, Gyeonggi province on Oct. 21 to pitch fo...

KED to host alternative investment summit for Korean, global asset managers

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investo...

KED to host alternative investment summit for Korean, global asset managers

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investors...

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...

NPS to cease paying management fees for Korean PEF project funds

NPS to cease paying management fees for Korean PEF project funds

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

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...

KKR to expand Korea waste management portfolio to sewage treatment

KKR to expand Korea waste management portfolio to sewage treatment

KKR & Co. is set to acquire a non-controlling stake in a South Korean sewage management company in a deal worth up to 200 billion won ($170 millio...

Korea's largest tiremaker mired in family feud over management control

Korea's largest tiremaker mired in family feud over management control

South Korea’s largest tire manufacturer Hankook Tire & Technology Co. is in the crosshairs as the family feud over management control o...

KKR wraps up $739 mn purchase of Korean waste management firms

KKR wraps up $739 mn purchase of Korean waste management firms

KKR & Co. of the US has finalized the 875 billion won ($739 million) purchase of two South Korean waste treatment companies after completing its f...

[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...

SK Eng beats Goldman, Keppel in $846 mn bid for Korean waste treatment firm

SK Engineering & Construction Co. Ltd. has beat Goldman Sachs Merchant Banking Division, Singapore’s Keppel Infrastructure Holdings and two ...

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...

India’s Mahindra willing to give up management rights in Ssangyong Motor

India’s Mahindra willing to give up management rights in Ssangyong Motor

India’s Mahindra and Mahindra Ltd., with a 75% stake in South Korea’s Ssangyong Motor Co. Ltd., has expressed its intention to give up man...

Goldman, Keppel Infrastructure, SK Eng vying for top Korean waste disposal firm

Goldman, Keppel Infrastructure, SK Eng vying for top Korean waste disposal firm

South Korea’s largest waste treatment company EMC Holdings Co. Ltd. has drawn binding bids from Goldman Sachs Principal Investment Area (PIA) Gr...

NPS creates active management team for overseas traditional assets

NPS creates active management team for overseas traditional assets

The National Pension Service will set up teams in its overseas offices to directly handle active investments in traditional assets such as equiti...

Shinhan Financial in search to acquire traditional asset manager

Shinhan Financial in search to acquire traditional asset manager

Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...

NPS adds Select Equity to single-manager hedge fund roster in Q1

NPS adds Select Equity to single-manager hedge fund roster in Q1

New York-based Select Equity Group joined the roster of the National Pension Service’s (NPS) global alternative investment companies as a single...

NPS makes first single-manager hedge fund investment with $810 mn

NPS makes first single-manager hedge fund investment with $810 mn

The National Pension Service committed about 1 trillion won ($810 million) to four global hedge fund houses in 2019, in its first investment in single...

BlackRock dropped from NPS’ property investment manager pool

BlackRock dropped from NPS’ property investment manager pool

BlackRock, the world’s largest asset manager, has been excluded from the National Pension Service’s 49-strong group of global real estate ...

US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement Samsung’s Q2 operating profit plunges 56% on sluggish chip sales Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders