Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment

Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment

Korea Post’s savings arm has selected French private equity firm Ardian SA and US alternative investment manager Hamilton Lane Advisors LLC ...

Polar Asset joins NPS' hedge fund managers in Q3

Polar Asset joins NPS' hedge fund managers in Q3

National Pension Service (NPS) of South Korea selected Toronto-based Polar Asset Management Partners Inc. as a new mandate of hedge fund managers in t...

Japan's Aeon proceeds with plan to sell Ministop Korea

Japan's Aeon proceeds with plan to sell Ministop Korea

Japan's Aeon Co. has received preliminary bids for its wholly-owned subsidiary of Ministop Korea, which is estimated at around 200 billion won ($170...

SK’s holding firm completes merger with materials arm

SK’s holding firm completes merger with materials arm

SK Inc., the investment and holding company of South Korea’s conglomerate SK Group, completed the merger with SK Materials Co. with aim to exp...

MBK in talks to buy S.Korea's top shoe fabric maker

MBK in talks to buy S.Korea's top shoe fabric maker

MBK Partners is in exclusive talks to buy Dongjin Textile Co., a South Korean family-owned business that supplies footwear textiles to companies inc...

STIC invests $843 mn in Korean copper foil maker Iljin

STIC invests $843 mn in Korean copper foil maker Iljin

South Korean private equity firm STIC Investments Inc. said on Nov. 30 it will invest 1.1 trillion won ($843.1 million) to expand Korean elecfoil ...

Korea's first game NFT exchange to open next month

Korea's first game NFT exchange to open next month

Come next month, Korea will see its first online game-based non-fungible token exchange. Seoul-based video game developer WeMade Co., Ltd will ...

S.Korea to build solar power plants in Chile for $130 mn

S.Korea to build solar power plants in Chile for $130 mn

South Korea is planning to build solar photovoltaic power plants in Chile, investing $130 million, in a move to help local companies expand their re...

SK Square to invest $75 mn in Korea crypto exchange

SK Square to invest $75 mn in Korea crypto exchange

South Korea’s SK Square, an investment firm spun off from SK Telecom Co., will buy a stake in a local cryptocurrency exchange to expand its po...

Korea Post to select GPs for €200 mn real estate fund

Korea Post to select GPs for €200 mn real estate fund

Korea Post, South Korea's state-run postal service agency, said its savings arm will select two asset managers of an open-end commingled blind poo...

Doosan aims to raise $1.3 bn in rights offering

Doosan aims to raise $1.3 bn in rights offering

Doosan Heavy Industries & Construction Co., South Korean conglomerate Doosan Group’s subsidiary, agreed to raise 1.5 trillion won ($1.3 ...

Koo Ja-eun takes helm of Korea’s cable, machinery conglomerate LS Group

Koo Ja-eun takes helm of Korea’s cable, machinery conglomerate LS Group

Koo Ja-eun, chairman of South Korea’s LS Mtron Co., a machinery and components maker, will lead the country’s 14th-largest conglomerate ...

Korea homegrown app begins process for H1 2022 listing

Korea homegrown app begins process for H1 2022 listing

One store Co., the South Korean homegrown app store developed by the country’s top online platform Naver Corp. and three telecom carriers, is ...

Homegrown VCs turn to Korean American startups in search of unicorns

Homegrown VCs turn to Korean American startups in search of unicorns

Korean venture capital firms are ramping up their investments in Korean American-owned startups in the United States, mostly in Silicon Valley.The aim...

KIC sees 11 alternative investment managers resign by November

KIC sees 11 alternative investment managers resign by November

Korea Investment Corporation (KIC) saw as many as 10 professionals of its alternative investment division resign from the South Korean sovereign wea...

Bank of Korea raises interest rates, signals further hikes

Bank of Korea raises interest rates, signals further hikes

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

SEMA to increase Asia-based infra assets, CIO says

SEMA to increase Asia-based infra assets, CIO says

Korea Scientists and Engineers Mutual-Aid Association (SEMA), one of the fastest-growing retirement pension fund in South Korea, will increase inf...

Costa Rican president: His family K-drama fans, seeks joint production

Costa Rican president: His family K-drama fans, seeks joint production

Costa Rican President Carlos Alvarado Quesada has praised South Korean movies such as the Oscar-winning Parasite and drama series such as Squid Game...

US activist fund to face off with IMM PE over Hanssem

US activist fund to face off with IMM PE over Hanssem

Teton Capital Partners, a US-based activist fund, has taken legal action to block IMM Private Equity from exercising its management rights over Hans...

Hanwha Solutions invests $100 mn in US energy startup Lancium

Hanwha Solutions invests $100 mn in US energy startup Lancium

South Korea’s Hanwha Solutions Corp. has invested in a US data center energy management startup as part of its new business model to embrace t...

Samsung orders US chips, with a side of geopolitics

Samsung orders US chips, with a side of geopolitics

Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is taking advantage of th...

Korea Zinc to double battery material output capacity

Korea Zinc to double battery material output capacity

Korea Zinc Inc., the world’s top lead and zinc smelter, plans to double its production capacity of nickel sulfate, a key raw material for cath...

Korea’s Midas Asset buys logistics center in Italy for €200 mn

Korea’s Midas Asset buys logistics center in Italy for €200 mn

South Korea’s Midas Asset Management Co. has bought a logistics center leased to Amazon, the world’s top online shopping mall, in Italy ...

Korea’s Toss operator invests $5 mn in US startup fintech platform Republic

Korea’s Toss operator invests $5 mn in US startup fintech platform Republic

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, is investing $5 million in Republic, a ...

HealthQuest picks Korea’s Lunit for first investment in Asia

HealthQuest picks Korea’s Lunit for first investment in Asia

HealthQuest Capital, a major US healthcare-focused venture growth fund, made its first investment in Asia along with other venture capitalists by pu...

NPS rewards investment managers with hefty bonuses

NPS rewards investment managers with hefty bonuses

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund with 930 trillion won ($781.8 billion) in total a...

Dunamu evolves from outlier to qualified investor in Woori

Dunamu evolves from outlier to qualified investor in Woori

"It caused quite a commotion in our industry." This was the common response by cryptocurrency exchange insiders to the news that Dunamu Inc., an ope...

Korea's SK, LX, Daesang to invest $151 mn in eco-friendly plastics

Korea's SK, LX, Daesang to invest $151 mn in eco-friendly plastics

South Korea’s conglomerates SK, LX and Daesang have joined hands on the eco-friendly plastics business, utilizing their respective strengths i...

MBK's deals rank among top 2021 PE exits in N.Asia

MBK's deals rank among top 2021 PE exits in N.Asia

North Asia-focused MBK Partners has made lucrative exits from three investments in South Korea, China and Japan this year. They rank among the nine ...

Samsung, Korea Post create $336 mn overseas alternative investment fund

Samsung, Korea Post create $336 mn overseas alternative investment fund

South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race