Korean insurers invest $118 mn in US power generation portfolio debt

Five South Korean insurance companies have invested $118 million in senior debt of a portfolio of six US thermal power facilities, which are expected ...

Korean investors may own half of UK high-speed railway after UK firms’ resale

After the National Pension Service (NPS) agreed to buy a 30% stake in Britain’s High Speed 1 (HS1) for around 400 billion won ($355 million) in July, ...

Korean insurers invest $160 mn in debt of Facebook-leased NY property

A group of South Korean insurance firms have invested 180 billion won ($160 million) in mezzanine debt secured on two interconnected buildings in New ...

Korean hedge fund house co-invests in $40 mn Florida building purchase

South Korea’s small hedge fund company Anda Asset Management Co. Ltd. has invested $8 million in a $40 million joint acquisition of a four-story offic...

Australia archive facility’s 29-yr debt attracts $60 mn from Korean insurers

A group of South Korean insurers will invest 69 billion won ($60 million) in 29-year senior debt secured on Australia’s National Archives Preservati...

Korean savings fund and insurer to buy college building in Sydney at $56 mn

The Construction Workers Mutual Aid Association (CWMAA) will acquire a language center building of the University of New South Wales (UNSW) in Sydne...

Pennsylvania gas power plant to secure $140 mn loans from Korean investors

South Korean banks and institutional investors will provide $140 million in syndicated loans to a US gas-fired plant project in Pennsylvania, part of ...

Angelo, Gordon seeks to redevelop Korean bank building as luxury hotel

A consortium led by US investment firm Angelo, Gordon & Co. has been selected as a preferred buyer of a local bank’s building in Seoul, for which ...

Ex-NPS global alternatives heads move to Korean law firms as advisors

Two former global alternative investment heads of South Korea’s National Pension Service (NPS) moved to the country’s top law firms to advise on alter...

Korean military fund to focus on stability in real estate investment

The Military Mutual Aid Association (MMAA), with $9 billion in assets under management, will focus real estate investments on stability by pursuing fu...

Three Korean banks poised to lend $200 mn to Hudson Yards project

Korea Development Bank (KDB), Shinhan Bank and Woori Bank are likely to provide $200 million in syndicated loans for the Hudson Yards project in their...

KKR makes pre-IPO investment in Korean car parts makers in $940 mn deal

Private equity firm KKR & Co. has signed an agreement to buy a stake in a South Korean automotive parts maker and acquire a copper foil unit to be...

Korean opportunistic properties attract Morgan Stanley, StanChart PE funds

Global investment firms such as Morgan Stanley, Standard Chartered Private Equity and Angelo, Gordon & Co. have joined bids for two South Korean...

Korean investors team up with French funds to buy Benelux real estate

South Korean asset managers are joining hands with French property investment firms to buy prime commercial buildings in the Netherlands and Belgium a...

Korean teachers’ fund co-invests $45 mn in senior loan for London office portfolio

The Korean Teachers’ Credit Union (KTCU) has invested 51.9 billion won ($45 million) in senior loans secured on a London office portfolio in co-invest...

Korean brokerage firms buy two UK logistics centers for $240 mn

Two South Korean brokerage firms – KB Securities Co. Ltd. and Kiwoom Securities Co. Ltd. – have teamed up to buy a logistics center for 167 billion wo...

Korean firms invest $52.5 mn in debt refinancing of US building

Two South Korean financial institutions have invested $52.5 million in mezzanine debt backed by an office building in Manhattan, which was issued to r...

Korean military fund to commit $30 mn to two US venture capital FoFs

The Military Mutual Aid Association (MMAA) will commit $30 million in aggregate to two US venture capital funds of funds in its first investment in a ...

Two Korean investors buy Canberra building for $54 mn

Two South Korean institutional investors have recently completed a 60 billion won ($54 million) acquisition of an office building in Canberra which th...

[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setti...

[ASK 2017 SUMMIT Panel Talks] Korean LPs into mezzanine; wary of secondary

National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post are piling into mezzanine debt tranches in search of higher yields, ...

[ASK 2017 SUMMIT Panel Talks] Korean insurers seek co-investment, top-tier GPs

South Korean insurance companies are looking for co-investment in overseas alternatives with general partners, and leaning towards larger GPs in the i...

[ASK 2017 SUMMIT Panel Talks] Korean LPs eye wider range of private debt

Private debt recently became one of the most favored asset classes for South Korean asset owners, alongside co-investments in overseas alternatives. ...

[ASK 2017 SUMMIT] Korean LPs call for co-investment offers from GPs

When Korea Post issued a request for proposals on May 17 for global private debt investment of up to $300 million, the state agency added a new requir...

AMP Capital’s infrastructure fund raises $260 mn from Korean investors

South Korea’s police and scientist funds and insurers have committed $260 million to a global infrastructure fund of Australia’s AMP Capital which rai...

Korean regulator moves to scrutinize savings funds’ financial health

South Korea’s savings funds may come under direct supervision of the country’s top financial watchdog as the Financial Services Commission (FSC) is se...

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

Yellow Umbrella Mutual Aid Fund, South Korea’s savings fund for small-sized business owners, will likely allocate 300 billion won ($265 million)...

Rockpoint’s core-plus, value-added fund may draw $380 mn from Korean investors

South Korea’s National Pension Service (NPS), Public Officials Benefit Association (POBA) and Hyundai Marine & Fire Insurance Co. Ltd. are likely ...

Korean firms to buy $88 mn US power plant-backed debts from US bank

Four South Korean institutional investors will acquire 100 billion won ($88 million) worth of senior debts secured on two US gas-fired power plants fr...

GEPS names ex-head of Prudential’s former Korean unit as CIO

The Government Employees Pension Service (GEPS) of South Korea on April 24 appointed Chang-hoon Lee, a former head of US Prudential Financial’s previo...