KTCU, Mirae Asset to invest $143 mn in debt on Blackstone's power plant: report

The Korean Teachers’ Credit Union (KTCU) and three units of Mirae Asset Financial Group will invest a combined 160 billion won ($143 million) in senio...

NPS sees 2 deputy CIO job creations in investment dept reorganization

The National Pension Service (NPS) is considering creating two positions of deputy chief investment officers, one of whom will lead domestic and globa...

NPS appoints investment strategy head as new acting CIO

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

Korean funds invest $62 mn to buy Philadelphia building: report

The Construction Workers Mutual Aid Association (CWMA) and other South Korean institutional investors have invested 70 billion won ($62 million) to bu...

KDB Bank, NH Investment underwrite $30 mn debt on Teekay’s new vessels

South Korea’s state-run lender KDB Bank and NH Investment & Securities Co. Ltd. have underwritten a $15 million subordinated debt each to partiall...

NH Investment-backed REIT likely to buy Samsung Town building

A South Korean real estate investment trust firm sponsored by NH Investment & Securities Co. Ltd. was picked as a preferred buyer of Samsung C&...

Meritz Real arranges $45 mn debt investment in Carlyle’s LA studio

Meritz Real Estate Asset Management Co. Ltd. has completed a $45 million investment in a three-year senior debt on the Carlyle Group-owned Manhattan B...

NH Investment provides $235 mn financing to US gas power plant

NH Investment & Securities Co. Ltd. has underwritten a $200 million senior debt and a $35 million equity interest for the construction of a natura...

Korea Investment seals $266 mn City of London property deal

Korea Investment & Securities Co. Ltd. has acquired a 15-story office building in the City of London for £200.5 million ($266 million), taking adv...

KTB Asset invests $90 mn in mezzanine debt on InterContinental Boston

KTB Asset Management Co. Ltd. has invested $90 million in a mezzanine debt on InterContinental Boston, participating in a $265 million refinancing pac...

NPS, KTCU pour $100 mn into healthcare co-investments

The National Pension Service (NPS) has put around 100 billion won ($93 million) into an equity stake in Dental Corporation, Canada’s largest net...

[ASK 2018 SUMMIT Panel Talks] NPS mulls investing in single hedge fund

The National Pension Service (NPS) is studying investing in a single hedge fund and the Korea Investment Corporation (KIC) will switch towards small-s...

[ASK 2018 SUMMIT Panel Talks] Korean LPs seek riskier private debt investment

Major South Korean institutional investors plan to raise exposure further to credit investments in search of steady cashflows and expect to see more i...

Korea Investment buys US office buildings of eBay and GSK for $260 mn

Korea Investment & Securities Co. Ltd. has bought a Silicon Valley campus of eBay Inc. for 140 billion won ($130 million), shortly after closing t...

[ASK 2018 SUMMIT] NPS to boost direct alternative investment via overseas offices: CEO

The National Pension Service (NPS) will improve the role of its overseas offices in New York, London and Singapore to increase direct investment in al...

Hyundai co-invests in $275 mn property near Paris with French firm

Hyundai Investments Co. Ltd. has completed the €235 million ($275 million) acquisition of a seven-story office building in the Paris metropolitan area...

KTB Asset invests in refinanced loan on Union Station

KTB Asset Management Co. Ltd. has invested an undisclosed amount in a debt secured on Union Station in Washington D.C. on behalf of three South Korean...

StepStone collects $90 mn from Korean LPs for PDF, co-investment

New York-based StepStone Group has raised $90 million in commitments from three South Korean institutional investors since the start of this year, inc...

POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt

The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...

Mirae Asset invests $300 mn in senior debt on Hong Kong skyscraper

Mirae Asset Daewoo Co. Ltd. has invested $300 million in a senior debt issued to finance the $5.2 billion acquisition of The Center, a landmark skyscr...

Hana Alternative invests $300 mn in Times Square hotel-backed debt

Hana Alternative Assets Management Co. Ltd. has collected $300 million from seven South Korean institutional investors to invest in mezzanine debts on...

Hyundai Investments raises $222 mn for 3i Europe PPP fund

Hyundai Investments Co. Ltd. has raised a total of €180 million ($222 million) in commitments to invest in 3i European Operational Projects Fund from ...

Mirae Asset, NH Investment seek to resell $94 mn stake in London building

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd., which closed the £242 million ($340 million) joint acquisition of an London o...

Ex-deputy finance minister named as Korea Investment Corp’s CEO

Heenam Choi, an executive director of the International Monetary Fund and former South Korean deputy finance minister, was appointed as chief executiv...

Simone Investment buys $56 mn debt on Blackstone-owned Hawaii hotel

Simone Investment Managers Co. Ltd., a unit of a South Korean handbag maker, has invested around 60 billion won ($56 million) in a mezzanine debt on...

NPS’ 2017 investment return at 7-yr high; to wrap up CIO selection in April

The National Pension Service (NPS) chalked up an average investment return of 7.26% in 2017, which was its strongest performance in seven years, while...

KTCU invests $71 mn in TH Real Estate-led purchase of China outlet malls

The Korean Teachers’ Credit Union (KTCU) has invested 77 billion won ($71 million) in a fund of TH Real Estate which acquired two premier outlet malls...

Korea scientists fund to commit $37 mn to co-investment funds; $34 mn to PDF

Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to commit $37 million to co-investment funds of US-based StepStone Group and ...

[RFP] Korea Post seeks two global PEF managers for $200 mn co-investment

Korea Post plans to allocate a total of $200 million to two global private equity fund managers employing co-investment strategies. It will receive p...

Shinhan sources $100 mn debt investment in US hotel portfolio

Shinhan Financial Group’s alternative investment arm has sourced a $100 million investment by three South Korean insurers in a mezzanine debt on US ho...