Sequoia, Hillhouse and DST invest $150 mn in Korean grocery startup

Sequoia Capital, Hillhouse Capital and DST Global have invested a combined $150 million in South Korea’s online grocery delivery startup Kurly I...

Korean LPs receive massive capital calls from global funds

Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...

Equity-linked securities weigh on top Korean brokerage firms

About 48 trillion won ($39 billion) of outstanding equity-linked securities (ELS) issued by South Korean brokerage companies has put their sector lead...

Korean funds hold off new midstream project investments

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

Anchor Equity Partners invests $170 mn in Korean entertainment firm

Anchor Equity Partners has invested 209.8 billion won ($170 million) in South Korea’s content and entertainment company Kakao M Corp., just afte...

eBay puts South Korean unit up for sale in $4 bn deal

eBay Inc. has decided to sell 100% of its South Korean operations which it valued at about 5 trillion won ($4 billion), the latest in a series of reor...

Korean startups raking in big investment money

Biotech startup Bionetix easily surpassed what's known as the "10 billion won hurdle" by raising an additional 10 billion won in funding on Dec. 23. I...

Korean biotech fund reaps triple-digit return on two Nasdaq-listed firms

South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...

Prudential Life draws Taiwan’s Fubon Fin, four Korean prelim bidders

Taiwan’s Fubon Financial Holdings, KB Financial Group and three Seoul-based private equity firms have submitted letters of intent to acquire 100...

Three Korean pension fund CEOs quit to run in general election

About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...

TPG buys Korean health supplement company for about $250 mn

Private equity firm TPG has acquired a small-sized South Korean dietary supplement manufacturer for around $250 million, in its first Korean buyout de...

Macquarie seeks co-investors for over $2 bn Korean gas firm purchase

Macquarie’s investment unit may attract Singapore’s sovereign wealth fund GIC and other limited partners of its Asia infrastructure fund a...

Goldman, GIC, Sequoia to exit from Korean food delivery app in $4 bn deal

Goldman Sachs, Singapore’s GIC and Sequoia Capital are among the financial investors set to secure handsome returns from a combined 506 billion ...

Prudential seeks to sell Korean insurance arm in estimated $2 bn deal

Prudential Financial Inc. has put its South Korean life insurance arm on the market, as the US insurance giant is seeking to shed part of overseas ass...

DTCP to scale Korean start-ups into global unicorns

Deutsche Telekom CEO Tim Hoettges visited SK Telecom in June and discussed ways to collaborate in 5G mobile communication services. The two companies ...

Korean firms in all-out effort to sell down Paris office buildings

South Korean brokerage firms are stepping up efforts to sell down their remaining equity investments of around 600 billion won ($518 million) in the P...

[Survey] Transport remains top pick for Korean LPs’ 2020 infra investment

South Korean institutional investors will continue to increase their allocations to overseas infrastructure next year, and transport facilities such a...

[ASK 2019 SUMMIT Panel Talks] Korean LPs lukewarm on sell-down properties

Major South Korean institutional investors have cooled their interest in overseas real estate assets sourced by domestic brokerage firms because of he...

Korean funds shelve Japan alternative investment on sour relations

South Korean institutional investors, including the National Pension Service, have put on hold new alternative investments in Japan due to soured rela...

Korean rating agency warns of fast alternative asset growth, resale risk

The pace of growth in overseas alternative investments by South Korean securities companies has been “too rapid” over the past 18 months and brought t...

Korean brokerage firms lend $208 mn on Australia coal terminal

Three South Korean brokerage firms, including Samsung Securities Co. Ltd., underwrote around 250 billion won ($208 million) of a subordinated debt on ...

Korean investors on track to pour nearly $1 bn into US, UK airports in 2019

South Korean institutional investors are on track to pour nearly $1 billion into US and UK airports in 2019, including the planned $51 million co-inve...

Korean firms invest $96 mn in AT&T headquarters in Dallas

South Korean financial institutions, including Hana Financial Investment Co. Ltd. and KDB Life Insurance Co. Ltd., have invested $96.4 million in ...

Korean 3D scanning venture draws bids from KKR, Carlyle, Affinity

Medit Corp., a South Korean 3D scanner maker, has drawn preliminary bids from nine private equity firms, including KKR & Co., the Carlyle Group, A...

Korean fund to lend $423 mn for Canada’s supertall construction

IGIS Asset Management Co. Ltd. has collected C$560 million ($423 million) from South Korean financial institutions to lend for The One building, a mix...

Korean brokerages invest in Heathrow’s new runway project

Mirae Asset Daewoo Co. Ltd. and Korea Investment & Securities Co. Ltd. have provided a combined $434 million debt on the construction of Heathrow ...

German VC firm collects $6 mn directly from Korean individuals

A number of wealthy South Koreans have committed 5.5 million euros ($6.1 million) to Germany’s Earlybird Venture Capital, in the first direct investme...

Korean VC firms invest $26 mn in India, Vietnam start-ups

South Korean venture capital firms have invested a combined $26 million in Internet-based start-up companies in India and Vietnam, betting on the rapi...

Korean brokerage firms acquire Hilton Vienna for $375 mn

Meritz Securities Co. Ltd. has led a South Korean brokerage consortium to buy the largest hotel in Austria, Hilton Vienna, for $375 million which is e...

TIAA, Korean Teachers’ Credit to form 3rd JV with $510 mn capital

The Teachers Insurance and Annuity Association of America (TIAA) and the Korean Teachers’ Credit Union (KTCU) have reached a preliminary agreement to ...