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

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 & 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

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

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 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 & 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

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

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

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 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

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

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

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

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

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

Alternative investments became the best-performing asset class for the Korean Teachers’ Credit Union (KTCU) in the first half of this year, retu...

KT issues $400 mn dollar-denominated bond with record-low 1% interest rate

South Korea’s telecom giant KT Corp. has set a record-low interest rate among privately-held Korean companies with the issue of a dollar-denomin...

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...

Korean telecom giant KT to issue $400 mn dollar bond in August

South Korea’s telecom giant KT Corp. plans to raise $400 million by issuing a dollar-denominated bond around the end of August, according to inv...

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

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, 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

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...

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

[RFP] Korea Post plans to invest $200 mn in real estate mezzanine debt

Korea Post’s insurance arm is looking for one or two real estate debt managers to invest $200 million in mezzanine debt, for which it is plannin...

Korean investors jointly set up a $770 million SPC to invest in KKR funds

Local institutional investors have injected $500 million (600 billion won) into a special purpose company to invest in diverse funds managed by privat...

Naver likely to invest near $83.5 million into SM Entertainment to secure K-pop content

Korea’s platform giant Naver is in talks with SM Entertainment, Korea’s largest entertainment company, to acquire shares worth approximate...

Korean pension funds relax due diligence to restart alternative investment

South Korean pension schemes and sovereign wealth fund KIC have recently restarted overseas alternative investments that had been suspended due to the...