KIC sovereign wealth fund

The National Pension Service has committed $500 million to Blackstone's new life science real estate fund that is expected to raise over $12 billion...

South Korea's top financial regulator has been taking longer than the usual three months to review applications of offshore funds, dealing a heavy b...

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese l...

A senior investment manager of the Korea Investment Corporation (KIC) said on Thursday that the global economy may return to pre-pandemic levels lat...

US-based hedge fund Whitebox Advisors LLC plans to vote against the proposed spin-off of South Korea’s LG Corp. at the upcoming general meetin...

South Korea's Yellow Umbrella Mutual Aid Fund will commit about 120 billion to 150 billion won ($108 million-$135 million) to blind pool funds of ve...

The National Pension Service has committed $150 million to London-based Stafford Capital Partners in its first investment in timberland, land availa...

Kim Bong-jin, founder of South Korea’s top food delivery app Baedal Minjok, or Baemin in short, has committed to donating more than half of hi...

South Korean banks have offered a combined $540 million in syndicated loans to fund overseas alternative investments, in which Korea Investment Corp...

To leave the world a little bit better – a line from the American poet Ralph Waldo Emerson’s poem What is Success and the status message...

The National Pension Service and other South Korean pension funds have offloaded a net 9.9 trillion won ($8.9 billion) worth of shares on the countr...

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Korea Investment Corporation (KIC) earned a combined $42 million in gains between 2019 and 2020, representing 60% of its cumulative earnings since i...

Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...

Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 million) in fresh fund...

South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...

The National Pension Service has decided to invest in a $20 billion technology fund that Silicon Valley-based Silver Lake Partners recently closed, ...

South Korea’s Meritz Alternative Investment Management Co. has committed $150 million to a new US multifamily residential fund managed by Fair...

South Korean institutional investors, including the National Pension Service, have committed around $400 million to KKR’s Asia real estate f...

The Korean Teachers’ Credit Union (KTCU) and financial services firms in South Korea have committed $130 million to KKR & Co.’s inau...

The National Pension Service has committed a total of $450 million to two North America-focused funds launched by Stonepeak Infrastructure Partners ...

South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of ...

The South Korean government will inject 1 trillion won ($924 million) into homegrown venture capital funds this year, with a plan to launch three VC...

Korea Investment Corporation has appointed new heads of alternative investment strategy and private equity in a senior management reshuffle carried ...

South Korea-based IMM Private Equity has raised 2 trillion won ($1.8 billion) for its largest flagship fund, RoseGold IV, at its final close, accord...

Hyundai Commercial Inc. and several local financial companies have set up a blind fund worth 300 billion won ($273 million) to provide liquidity to ...

Shinhan Alternative Investment Management Inc. has committed 200 million euros ($245 million) to a multifamily housing fund in Europe managed by Pat...

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...