Korea Post names ex-regulatory official as insurance unit head

Korea Post has appointed a former regulator of the Financial Services Commission (FSC) to lead its insurance bureau which manages $44 billion in asset...

South Korea seen to spend $1.4 tn on infrastructure by 2040: report

South Korea is expected to largely meet its infrastructure investment needs by 2040, spending $1.4 trillion on infrastructure by the year, according t...

[RFP] Korea Post seeks six global equity fund houses

Korea Post’s savings unit plans to select two global stock managers for exchange-traded fund (ETF) investment around the end of September, and four ot...

Korea police fund allocates $60 mn to AMP's infrastructure, LGT's ILS funds

The Police Mutual Aid Association (PMAA) has decided to commit $30 million each to an Australian infrastructure fund of AMP Capital and an insurance-l...

Carlyle to consolidate Seoul office, putting ADT Korea back up for sale

The Carlyle Group will consolidate its South Korean operations divided into buyout and growth capital units by combining them, after the three-men gro...

UBS, Mesirow, AXA on Korea Post’s hedge fund manager shortlist

UBS, Mesirow Financial and AXA are on the shortlist for Korea Post’s global hedge fund investment mandates for which the state agency is to allocate a...

Goldman Sachs’ real estate debt fund raises $100 mn from Korea

South Korea’s institutional investors, including the Construction Workers Mutual Aid Association (CWMAA), have committed $100 million to Goldman Sachs...

TPG to buy stake in Korea’s taxi hailing app for $437 mn

TPG will buy about a 30% stake in South Korea’s top taxi-hailing and chauffeur services provider for 500 billion won ($437 million), in its first deal...

Macquarie’s North America infra fund to attract $180 mn from Korea

Korean Teachers’ Credit Union (KTCU), Public Officials Benefit Association (POBA) and other South Korean asset owners will commit 200 billion won ($18...

LaSalle seeks $180 mn-$270 mn from Korea for Europe debt fund

LaSalle Investment Management is seeking to raise 200 billion won ($180 million) to 300 billion won ($270 million) from South Korean institutional inv...

[RFP] Korea Post to select two Europe equity fund houses in July

Korea Post’s insurance unit is looking for two active-type Europe stock investment houses for a two-year investment period, according to its request f...

[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) ...

[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...

[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...

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...

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...