IGIS Asia Investment Management
Scope
Date
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Pension funds
S.Korea’s NPS to double pension fund size by 2050, hike risky assets
South Korea’s National Pension Service (NPS) is projected to nearly double its fund size to 3,500 trillion won ($2.38 trillion) by 2050, follo...
Mar 24, 2025 (Gmt+09:00)
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Batteries
L&F to invest $10 mn in Mitra Chem for US LFP production
L&F Co., a South Korean electric vehicle battery materials supplier, plans to invest $10 million in Mitra Chem, a US lithium-ion battery ingredi...
Mar 21, 2025 (Gmt+09:00)
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Private equity
MBK Special Situations relinquishes Korean investment advisory license
MBK Partners Special Situations (MBKP SS), which operates the Seoul-based private equity firm’s credit situations funds, has voluntarily relin...
Mar 21, 2025 (Gmt+09:00)
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Real estate
Shinhan REITs picked as sole bidder for BNK Digital Tower
Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...
Mar 21, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Daol PE buys Youngil Glass to ride Korean cosmetics boom
Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) de...
Mar 20, 2025 (Gmt+09:00)
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Mergers & Acquisitions
JPMorgan, Jefferies picked to manage TaylorMade Golf sale
Centroid Investment Partners, a Seoul-based private equity firm, has selected JPMorgan and Jefferies as lead managers for the sale of TaylorMade Gol...
Mar 19, 2025 (Gmt+09:00)
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Venture capital
South Korean VCs back US humanoid robot developer Apptronik
South Korean venture capital firms invested undisclosed tens of billions of won, equivalent to tens of millions of dollars, in US humanoid-developin...
Mar 19, 2025 (Gmt+09:00)
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Pension funds
Korea’s pension fund NPS rules out investing in MBK’s hostile M&A deals
South Korea’s National Pension Service (NPS) said on Monday it will not participate in investments related to hostile mergers and acquisitions...
Mar 18, 2025 (Gmt+09:00)
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Real estate
IGIS puts office tower, 2 nearby hotels on market in bundled sale
Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...
Mar 18, 2025 (Gmt+09:00)
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Games
Krafton invests in 10 overseas game startups in 2024
Krafton Inc. invested in 10 overseas game developers in 2024 in search of the next big franchise intellectual property (IP) following its mega-hit t...
Mar 17, 2025 (Gmt+09:00)
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Pension funds
NPS to buy stake in Australia’s Metrics to expand alternative investments
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has agreed to buy a stake in Australian asset mana...
Mar 17, 2025 (Gmt+09:00)
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Pension funds
KB, Samsung SRA, Capstone named NPS’ core property fund operators
South Korea’s National Pension Service (NPS) has selected three asset managers to oversee its domestic core real estate platform fund — ...
Mar 16, 2025 (Gmt+09:00)
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Pension funds
NPS to mull responsible investment system for alternative investments
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is poised to consider expanding its responsible in...
Mar 13, 2025 (Gmt+09:00)
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Korean Investors
Samsung to invest $10 million in US-based C2N Diagnostics
Samsung Group companies will jointly invest $10 million in C2N Diagnostics LLC, a U.S.-based company specializing in blood-based Alzheimer’s d...
Mar 13, 2025 (Gmt+09:00)
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Executive reshuffles
Naver to name new CFO as incumbent financial manager's term nears end
South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...
Mar 12, 2025 (Gmt+09:00)
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Pension funds
S.Korea’s pension fund NPS to overhaul alternative investment strategy
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...
Mar 12, 2025 (Gmt+09:00)
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Private equity
South Korea emerges as private equity firms’ global hub
New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...
Mar 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to invest $206 mn to develop SMR ship
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), an intermediary shipbuilding holding company of HD Hyundai Co., will invest up to 30...
Mar 10, 2025 (Gmt+09:00)
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Energy
Trump-driven energy boom spurs Korean firms to hike US gas investments
WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...
Mar 10, 2025 (Gmt+09:00)
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Foreign exchange
Seoul to lift curbs on banks' investment in kimchi bonds
South Korea will lift restrictions on banks' purchase of domestically issued foreign currency bonds, dubbed “kimchi bonds," as part of policy ...
Mar 09, 2025 (Gmt+09:00)
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Pension funds
South Korea’s pension fund NPS risks massive loss from Homeplus fiasco
South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 mil...
Mar 07, 2025 (Gmt+09:00)
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Real estate
Korea’s IGIS Asset puts top Seoul tourist area hotel on market
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for f...
Mar 07, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, L3Harris anchor Shield AI’s $240 mn funding
South Korean defense company Hanwha Aerospace Co. and US weapons systems developer L3Harris Technologies Inc. have led a $240 million funding round ...
Mar 07, 2025 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners poised to acquire CJ Cheiljedang’s $3.5 billion bio business
North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other conten...
Mar 06, 2025 (Gmt+09:00)
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Real estate
Kumho Petrochemical's Seoul headquarters put on market
IGIS Asset Management Co., has put Kumho Petrochemical Group’s headquarters building, Signature Tower in central Seoul, up for sale – a ...
Mar 06, 2025 (Gmt+09:00)
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Business & Politics
Asia’s defense stocks climb on hopes of more European arms spending
Defense stocks in key Asian markets jumped on Tuesday, buoyed by expectations that European nations will boost security spending amid fears that the...
Mar 05, 2025 (Gmt+09:00)
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Alternative investments
Korea Investment & Securities explores new products with global firms
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Inc., is exploring new global investment products tailored for Sout...
Mar 04, 2025 (Gmt+09:00)
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Private equity
MBK-owned Homeplus files for corporate revamp with Seoul court
South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...
Mar 04, 2025 (Gmt+09:00)
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E-commerce
Korea’s beauty wholesaler to invest $10 mn in fashion platform Balaan
South Korea’s cosmetics wholesaler Silicon2 Co. is set to invest $10 million in financially troubled luxury fashion e-commerce platform operat...
Mar 04, 2025 (Gmt+09:00)
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Economy
S.Korea’s factory output dips in January; Retail sales, investment slow
South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...
Mar 04, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet