NPS to raise global stock portion by end-2022

The National Pension Service (NPS) will further increase the proportion of overseas investment with a higher share of global equities, according to it...

NPS names CIO’s ex-colleague as global alternative head

Jae-Sang Kim, who had worked with National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang in asset management firms for several ye...

[ASK 2017 SUMMIT] Korea Post pursues active hedge fund strategies

Korea Post is pursuing diverse alpha-generating strategies for hedge fund investment, with a plan to allocate at least 450 billion won ($401 million) ...

[ASK 2017 SUMMIT] NPS mulls private debt benchmark introduction

The National Pension Service (NPS) is considering introducing a benchmark for private debt in which it plans to increase investment, as the South Kore...

[RFP] Korea Post seeks global private debt fund managers for up to $300 mn

Korea Post's savings unit announced a plan on May 17 to invest up to $300 million in overseas private debt funds focusing on mezzanine and distresse...

[RFP] Korea Post seeks single offshore commingled hedge fund houses

Korea Post’s insurance unit on May 12 announced a plan to select global fund managers running single offshore commingled hedge funds by July, and will...

NPS studies stewardship code adoption in 2017

The National Pension Service (NPS) is preparing to introduce a Stewardship Code which is aimed at encouraging institutional investors to actively part...

[RFP] Korea Post seeks global fund of hedge fund managers

Korea Post’s insurance unit on May 8 posted a request for proposals of multi-strategy funds of hedge funds. It will receive proposals by 5 pm, May 19...

Korea construction crews’ fund gives $70 mn mandates to Park Square, Goldman

South Korea’s Construction Workers Mutual Aid Association (CWMAA) has selected Park Square Capital for 40 billion won ($35 million) private debt inves...

Korea scientists’ fund in push for co-investments in overseas assets: report

Korea Scientists and Engineers Mutual-aid Association (SEMA) will commit about 20 billion won ($18 million) to a fund of Morgan Stanley Energy Partner...

NPS to invest $100 mn in BBAM’s blind-pool aircraft fund

South Korea’s National Pension Service (NPS) will make its first investment in a blind-pool aircraft fund by committing $100 million to a $1 billion f...

NPS’ per employee AUM rises to $2.1 bn in 2016: report

Each investment management staff at South Korea’s National Pension Service (NPS) oversaw 2.4 trillion won ($2.1 billion) in assets in 2016 on average,...

Korea construction workers’ fund to pick two debt fund managers for $70 mn

(Corrected: The CWMA source on April 13 corrected the timetable of the planned debt manager selection to “soon”, and added that it has already begun t...

[RFP] Korea Post seeks global private equity FoF managers for $200 mn

Korea Post’s insurance unit is planning to commit about $100 million each to two multi-strategy global funds of funds (FoFs) employing primary, second...

Korea public officials fund set to buy Belgium building for $117 mn

The Public Officials Benefit Association (POBA) has been recently named as a preferred buyer of an office complex in Brussels, Belgium, in a 130 billi...

Korea's POBA in screening overseas PEF managers to commit $300 mn

The Public Officials Benefit Association (POBA) is screening investment proposals from overseas private equity fund managers to entrust a combined $30...

Korea to ease capital reserve rules for insurers’ overseas infrastructure assets

South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as J...

[Interview] ING Life Korea seeks equity investments in US, Europe core real estate

ING Life Insurance Korea Ltd. sees core office buildings and infrastructure in the US and Europe remaining as attractive targets even in the periods o...

Korea’s first Australia property fund for retail investors raises $125 mn

Mirae Asset Global Investments Co. Ltd. has raised 141 billion won ($125 million) as planned from a domestic public fund launched to finance its $245 ...

Korea Post awards $436 mn real estate debt mandates to three US firms

The asset management units of the Teachers Insurance and Annuity Association of America (TIAA), Prudential Financial Inc., and New York Life Insurance...

Aircraft funds in Korea quadruple in 4 yrs; overheating concern sets in

Aviation finance funds are expected to attract another billions of dollars from South Korean investors this year to a cumulative $3.9 billion, driven ...

[Interview] CVC keen on e-commerce, healthcare, consumer brands in Korea

CVC Capital Partners is interested in electronic commerce, healthcare and services sectors in South Korea because of their growth potential, and willi...

[RFP] Korea Post seeks to invest about $90 mn in offshore insurance-linked securities

Korea Post’s savings unit has decided to commit about 100 billion won ($87 mn) to investment firms managing or marketing offshore insurance-linked sec...

NPS in hunt for new global alternative investment head from outside

South Korea’s National Pension Service (NPS) has decided to select a new global alternative investment head from outside the $480 billion pension fund...

Korea’s GEPS hires ex-NPS’ NY office head to lead global investment division

South Korea’s Government Employees Pension Service (GEPS) has named a former senior investment manager of the National Pension Service (NPS), who had ...

Korea Post plans to select multi-strategy fund of hedge fund managers

Korea Post’s insurance unit is preparing to pick global fund-of-hedge-fund managers using multi-strategy and will soon determine the amount of investm...

NPS to bump up senior investment staff's pay, create deputy CIO posts

South Korea’s National Pension Service (NPS) will almost double the basic salary of its investment division heads by stages to 324 million won ($286,7...

NPS’ 2016 overseas alternative investment return drops to 12.34%

Overseas alternative investments remained the best-performing segment for South Korea’s National Pension Service (NPS) for the third consecutive year ...

NPS rejects $177 mn debt for Carlyle’s refinancing of ADT Korea

The National Pension Service’s (NPS) rejection last week of 200 billion won ($177 million) investment in ADT Korea, owned by the Carlyle Group, has ca...

[RFP] Korea’s GEPS seeks $160 mn offshore private debt fund managers

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...