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...

SEMA to favor PEF and PDF investments over real estate

SEMA to favor PEF and PDF investments over real estate

Korea Scientists and Engineers Mutual-Aid Association (SEMA), one of the fastest-growing mutual aid associations in South Korea, plans to favor invest...

Hyundai Mobis to invest $25 mn in UK vehicle smart display firm

Hyundai Mobis to invest $25 mn in UK vehicle smart display firm

Hyundai Mobis Co., South Korea’s largest auto parts maker, said on Oct. 7 it will invest $25 million in a UK automotive smart display company in...

NPS extends term for CIO Ahn Hyo-joon; likely to drive overseas investment

NPS extends term for CIO Ahn Hyo-joon; likely to drive overseas investment

Ahn Hyo-joon, the incumbent chief investment officer at the National Pension Service will see his term extended by one year, the NPS and the Ministry ...

Korea Investment acquires California-based office building worth $86 mn

Korea Investment acquires California-based office building worth $86 mn

Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...

Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds

Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...

Korea’s ESG corporate bond issues on course to top $5 bn in 2020

Korea’s ESG corporate bond issues on course to top $5 bn in 2020

South Korean companies’ issues of environmental, social and governance (ESG) bonds have almost doubled to 5.7 trillion won ($4.9 billion) so far...

KB Investment bulks up VC funds as parent group drives SE Asia expansion

KB Investment bulks up VC funds as parent group drives SE Asia expansion

KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...

HAAH Automotive proposes $258 mn investment in Ssangyong Motor

HAAH Automotive proposes $258 mn investment in Ssangyong Motor

HAAH Automotive Holdings Inc., a US automobile distributor, has offered to invest 300 billion won ($258 million) in Ssangyong Motor Co. as part of its...

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...

Teachers' savings fund to invest $85 mn in Amazon logistics center in US

Teachers' savings fund to invest $85 mn in Amazon logistics center in US

The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...

Singapore's ride-sharing giant Grab raises $200 mn from STIC Investments

Singapore's ride-sharing giant Grab raises $200 mn from STIC Investments

Grab Holdings Inc., a Singapore-based technology company, has raised $200 million from South Korean private equity firm STIC Investments Inc., the fir...

KOTAM to raise $800 million for global infrastructure credit investment

KOTAM to raise $800 million for global infrastructure credit investment

Korea Transportation Asset Management (KOTAM) is set to raise $800 million in a global infrastructure credit fund, which US-based I Squared Capital (I...

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

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 looks to expand scope of ESG criteria to step up responsible investment

NPS looks to expand scope of ESG criteria to step up responsible investment

The National Pension Service (NPS) is seeking to incorporate environmental, social and governance (ESG) criteria into domestic equity and bond investm...

Socius-Well to Sea consortium to buy Doosan Corporation Mottrol for $381 mn

Socius-Well to Sea consortium to buy Doosan Corporation Mottrol for $381 mn

Doosan Group is selling its hydraulic components manufacturing arm to a consortium of two local private equity investment firms -- Socius Advisors and...

Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial

Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial

Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...

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...

Online portal Naver steps up Europe startup investment against US, China

Online portal Naver steps up Europe startup investment against US, China

South Korea’s largest internet portal Naver Corp. has committed 110.4 billion won ($93 million) to two Europe-focused startup funds since late l...

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...

Lotte Corp's corporate bond issue raises staggering $665 mn in demand

Lotte Corp's corporate bond issue raises staggering $665 mn in demand

South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...

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...

FKI calls for further easing of new CVC rules to spur investment

FKI calls for further easing of new CVC rules to spur investment

The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...

Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September

Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September

Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...

SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...

Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform

Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform

Naver, a Korean online platform giant, has invested 100 billion won ($83.8 million) in SM Entertainment's subsidiaries SMEJ Plus and Mystic Story in a...

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...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation