[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...

Korea scientists’ fund in push for co-investments in overseas assets: report

Korea Scientists and Engineers Mutual-aid Association (SEMA) will commit about 20 billion won ($18 million) to a fund of Morgan Stanley Energy Partner...

Heungkuk Asset raises $114 mn to invest in senior debt of Emirates Airline’s aircraft

Heungkuk Asset Management Co. Ltd. , a unit of South Korea’s textile, financial services and media group, closed a 130 billion won ($114 million) fund...

Hyundai Investments seeks to raise up to €200 million for BC Partners’ buyout fund

Hyundai Investments Co. Ltd., wholly owned by Hyundai Marine & Fire Insurance Co. Ltd., is seeking to raise between €100 million ($107 million) an...

Mirae Asset poised to buy German building for €300 mn: report

Mirae Asset Global Investments Co. Ltd. was recently named as a preferred buyer of an office tower in Frankfurt’s banking district, Taunusanlage 8 (T8...

Hana Asset raises €44.2 million in FoF to invest in CVC private debt fund

The investment firm of South Korea’s Hana Financial Group has raised €44.2 million ($47 million) mostly from domestic life insurers through a private ...

Korea construction workers’ fund to pick two debt fund managers for $70 mn

(Corrected: The CWMA source on April 13 corrected the timetable of the planned debt manager selection to “soon”, and added that it has already begun t...

[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...

[Interview] Hana Asset bets on retail demand for overseas real estate

The asset management unit of South Korea’s Hana Financial Group is preparing to launch two new public funds investing in overseas real estate, betting...

Korea's POBA in screening overseas PEF managers to commit $300 mn

The Public Officials Benefit Association (POBA) is screening investment proposals from overseas private equity fund managers to entrust a combined $30...

Korea to ease capital reserve rules for insurers’ overseas infrastructure assets

South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as J...

Korean asset firms strive to fund property deals as institutions step back

South Korean investment firms, which have recently snapped up prime office buildings and warehouses in the US and Europe, are struggling to raise capi...

Mirae Asset Daewoo likely to buy Vodafone Campus in Germany for $303 mn

South Korea’s brokerage firm Mirae Asset Daewoo Co. Ltd. was selected as a preferred buyer of the office tower of Vodafone Group in Dusseldorf, German...

Korea Post plans to select multi-strategy fund of hedge fund managers

Korea Post’s insurance unit is preparing to pick global fund-of-hedge-fund managers using multi-strategy and will soon determine the amount of investm...

Korean banks flex muscles for alternative assets; Kookmin, Shinhan may invest in KKR’s fund

South Korea’s Kookmin Bank and Shinhan Bank are consdering investing 30 billion won ($26 million) each to a private equity buyout fund which KKR &...

[RFP] Korea’s GEPS seeks $160 mn offshore private debt fund managers

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

[Interview] Hanwha Life targets senior secured debt; sees $1 bn net growth in 2017 alternative asset

Hanwha Life Insurance Co. Ltd., which manages 100 trillion won ($87 billion) of assets, will chase senior secured debts of commercial buildings in dev...

[Interview] Mirae Asset Life eyes US power plants, buildings to boost overseas investment

(This is the first in a series of interviews with CIOs of South Korea’s leading insurance companies in 2017.) Mirae Asset Life Insurance Co. Ltd., ...

Mirae Asset poised to buy office building in Canberra for $245 mn

South Korea’s Mirae Asset Global Investments Co. Ltd. has been picked as the preferred buyer of a 12-story office building in Canberra, which is entir...

KTB Asset jointly acquires $68.5 mn debt of NY building from Blackstone

South Korea’s KTB Asset Management Co. Ltd. and two other domestic institutions have invested about $68.5 million in mezzanine debt secured by a Manha...

Korean investors mull investing in Ares Management’s $2.5 bn US private debt fund

South Korean institutional investors, including the Korean Scientists and Engineers Mutual-aid Association, Nonghyup Life Insurance Co. Ltd. and Lotte...

KIC, NPS agree not to hire each other’s ex-fund managers: report

Korea Investment Corporation (KIC), a sovereign wealth fund, has agreed with the National Pension Service (NPS) not to employ each other’s former inve...

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...

Korea Post’s savings arm targets 2-3% medium-risk assets; keen on CMBS, CLO: report

Korea Post’s Savings Bureau has been shifting overseas investment focus into relatively low-risk assets such as fixed-income assets since last year to...

Hyundai Marine to be anchor investor of Allianz’s new Berlin office tower: report

South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. will commit around 60 billion won and 70 billion won ($50~58 million) to a domestic real es...

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

NPS puts aside 2017 asset management plans after chief detained

South Korea’s National Pension Service (NPS) has indefinitely postponed a committee meeting set for Dec. 30 aimed at reviewing this year’s investment ...