Credit Suisse-led fund buys Korean logistics centers for $104 mn

Credit Suisse-led fund buys Korean logistics centers for $104 mn

A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...

Sale of Korean game firm cancelled in lack of strategic buyers

Sale of Korean game firm cancelled in lack of strategic buyers

The planned sale of the parent company of South Korea’s biggest online gaming firm Nexon Co. Ltd., was abruptly cancelled after it failed to narrow th...

Korean PEF provides $100 mn funding for KKR’s US buyout

Korean PEF provides $100 mn funding for KKR’s US buyout

South Korea’s new private equity firm Tiger Alternative Investors has provided $100 million in debt funding for KKR’s $1.32 billion acquisition of Ken...

Korean military fund invests in UK motorway service chain

Korean military fund invests in UK motorway service chain

The Military Mutual Aid Association (MMAA) has invested 40 billion won ($34 million) to buy a minority stake in Welcome Break, the UK’s second biggest...

[ASK 2019 SUMMIT Panel Talks] Korean LPs uneasy at leverage of PE secondaries

The Government Employees Pension Service (GEPS) and two leading South Korean insurance firms have expressed unease about the excessive use of leverage...

[ASK 2019 SUMMIT Panel Talks] Korean LPs call for more hedge fund communications

Korea Post and Kyobo Life Insurance Co. Ltd., the third-largest life insurer in South Korea, remain cautious about increasing exposure to hedge funds,...

[ASK 2019 SUMMIT Panel Talks] Korean LPs eye 5-8% return on alternatives

[ASK 2019 SUMMIT Panel Talks] Korean LPs eye 5-8% return on alternatives

Teachers’ Pension, the Public Officials Benefit Association (POBA) and the Military Mutual Aid Association (MMAA) are looking to increase global...

Korean firms underwrite $298 mn debt on new US gas plant

Korean firms underwrite $298 mn debt on new US gas plant

Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...

Korean LPs to lend $672 mn to Goldman Sachs’ credit fund

Korean LPs to lend $672 mn to Goldman Sachs’ credit fund

Mirae Asset Daewoo Co. Ltd. and seven institutional investors in South Korea will provide a senior loan of 600 million euros ($672 million) to Goldman...

Anbang’s Korean arm to commit $44 mn to US real estate debt fund: report

Anbang’s Korean arm to commit $44 mn to US real estate debt fund: report

ABL Life Insurance Co. Ltd., a South Korean arm of China’s Anbang Insurnce Group, has decided to commit 50 billion won ($44 million) to Madison Realty...

Three Korean brokerages lend $330 mn on US hotels, resort

Three Korean brokerages lend $330 mn on US hotels, resort

Meritz Securities Co. Ltd. has extended a senior loan of $229 million on two new hotels in Nashville, which marked the third biggest construction loan...

Cosmetics firm tops list of Korea’s profitable PE deals

Cosmetics firm tops list of Korea’s profitable PE deals

The 300-billion-won ($263 million) equity investment in a South Korean cosmetics firm by a consortium of Bain Capital and Goldman Sachs in 2016 was th...

MBK Partners scraps $1.5 bn IPO of Korean retail REIT

MBK Partners scraps $1.5 bn IPO of Korean retail REIT

MBK Partners has cancelled an initial public offering for a retail real estate investment trust (REIT) in South Korea due to a lack of demand, which...

Two French offices draw Korean bidders in $1.2 bn deals

Two French offices draw Korean bidders in $1.2 bn deals

Korea Investment & Securities Co. Ltd. is nearing a 370 billion won ($330 million) deal to buy an office complex near Paris, while a South Korean ...

Dalmore, Equitix resell $394 mn stake in UK infra fund to Korean firms

Dalmore, Equitix resell $394 mn stake in UK infra fund to Korean firms

About 10 South Korean insurers, including Hanwha Life Insurance Co. Ltd., have invested 300 million pounds ($394 million) in one of the UK’s largest i...

Korean REIT nets $31 mn from Tokyo property stake sale

Korean REIT nets $31 mn from Tokyo property stake sale

JR AMC Co. Ltd., a real estate investment trust manager in South Korea, has recently disposed of its stake in a luxury office building in central Toky...

Korean firms snap up Poland office building for $162 mn

Korean firms snap up Poland office building for $162 mn

Two small South Korean financial services companies have acquired a landmark office building in central Warsaw for 183 billion won ($162 million) in t...

Korean firms in talks to buy Credit Suisse’s Canary Wharf office

Korean firms in talks to buy Credit Suisse’s Canary Wharf office

A consortium of South Korean financial institutions has been in exclusive talks to buy the Canary Wharf headquarters of Credit Suisse Group in a deal ...

Korean banks lend club loan for $115 mn aircraft debt finance

Korean banks lend club loan for $115 mn aircraft debt finance

Three big South Korean lenders have lent a $85 million club loan to ALAFCO, a Kuwait-based aircraft leasing company, which recently raised $115 millio...

Denver office buildings draw yield-hungry Korean funds

Denver office buildings draw yield-hungry Korean funds

A consortium of Hana Financial Investment Co. Ltd. and Hyundai Asset Management Co. Ltd. has recently closed a $238 million acquisition of an office t...

[Survey] Korean LPs tilt to infrastructure on dull 2019 economic outlook

[Survey] Korean LPs tilt to infrastructure on dull 2019 economic outlook

A majority of leading South Korean institutional investors are planning to boost overseas infrastructure investment next year with focus on developed ...

[Interview] Korean office building market set for further growth: Savills

[Interview] Korean office building market set for further growth: Savills

South Korea’s office building market is poised to continue its record-breaking growth, buoyed by heavy money inflows from overseas investors and the c...

Microsoft UK’s head office sold to Korean investors for $130 mn

Microsoft UK’s head office sold to Korean investors for $130 mn

A consortium of London-based Valesco Group and South Korea’s AIP Asset Management has acquired Microsoft’s headquarter office in Britain for 100 milli...

Korean brokerages provide $115 mn financing backed by rolling stock in Spain

Korean brokerages provide $115 mn financing backed by rolling stock in Spain

Hana Financial Investment Co. Ltd. and NH Investment & Securities Co. Ltd. have extended 99 million euros ($115 million) in a three-year loan to f...

NPS, POBA to set up $314 mn Korean logistics fund

NPS, POBA to set up $314 mn Korean logistics fund

The National Pension Service (NPS) and the Public Officials Benefit Association (POBA) will form a 350 billion won ($314 million) blind-pool fund to i...

[Deal Broker] Ex-ATM vendor behind Korean investors’ global real estate push

[Deal Broker] Ex-ATM vendor behind Korean investors’ global real estate push

Union Station in Washington D.C., InterContinental Boston and luxury hotel Grosvenor House in London are among the landmark commercial buildings that ...

Korean consortium to provide $142 mn UK solar refinancing: report

Korean consortium to provide $142 mn UK solar refinancing: report

A consortium led by Korea Investment & Securities Co. Ltd. will provide UK-based Octopus Investments with 160 billion won ($142 million) solar por...

EQT to raise $70 mn from two Korean funds for $2.3 bn credit fund: report

EQT to raise $70 mn from two Korean funds for $2.3 bn credit fund: report

Swedish private equity firm EQT Partners is gathering €60 million ($70 million) from two South Korean retirement funds and seeking to raise an additio...

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

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...

HNA sells US property to Samsung, tapping Korean buyers for US asset: report

HNA sells US property to Samsung, tapping Korean buyers for US asset: report

HNA Group has sold a Minneapolis office tower to Samsung SRA Asset Management Co. Ltd. for $320 million and is now tapping South Korean institutional ...

Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking