Korea scientists fund to commit $34 mn to BlueBay Asset’s Europe debt fund

Korea Scientists and Engineers Mutual-aid Association (SEMA) has committed €28 million ($34 million) to a European mid-market private debt fund of Blu...

Mirae Asset’s unit buys Morgan Stanley’s new Scotland head office building

Multi Asset Global Investments Co. Ltd., wholly owned by South Korea’s Mirae Asset Global Investments Co. Ltd., has acquired Morgan Stanley’s new head...

Mirae Asset buys $95 mn debt on Blackstone-owned Cosmopolitan hotel

Mirae Asset Daewoo Co. Ltd., the brokerage arm of South Korea’s leading mutual fund house, has bought a $95 million mezzanine debt on the Cosmopolitan...

Hana Asset to raise $105 mn from retail investors to buy DreamWorks campus

Hana Asset Management Co. Ltd. plans to raise 117.5 billion won ($105 million) in a public fund from South Korean individual investors to fund its 350...

KB Asset raises €165 million to invest in €1 bn Mirova infrastructure fund

KB Asset Management Co. Ltd. has closed a domestic fund at around €165 million to invest in a €1 billion infrastructure fund of Mirova, an investment ...

[RFP] Korea scientists fund to pick $120 mn multi-asset SMA manager

Korea Scientists and Engineers Mutual-aid Association (SEMA) is planning to allocate around $120 million to a separately managed account (SMA) of mult...

Samsung, Kyobo Life to buy $129 mn debt of US toll road from IFM Investors

Two of South Korea’s top three life insurers – Samsung and Kyobo – will buy $129 million debt backed by revenues of the Indiana Toll Road Concession C...

Mirae Asset buys $48 mn mezzanine debt backed by FedEx-leased warehouses

Mirae Asset Global Investments Co. Ltd. invested 54 billion won ($48 million) last week in mezzanine debt secured on two warehouses leased to FedEx Co...

KTB Asset’s real estate senior debt fund raises $106 mn from three Korean firms

KTB Asset Management Co. Ltd. has raised 120 billion won ($106 million) from three South Korean financial services firms for a blind-pool fund to inve...

Mirae Asset mulls committing up to $26 mn to AIIB-backed India infra fund

Mirae Asset Financial Group is likely to commit 20 billion won to 30 billion won ($18 million to $26 million) to a $750 million infrastructure fund fo...

Mirae Asset weighs $433 mn global real estate fund launch

Mirae Asset Global Investments Co. Ltd. is considering raising around 500 billion won ($433 million) in a global real estate fund, buoyed by hefty ret...

Hanwha Asset to raise $1 bn from insurance arms to launch global funds

South Korea’s Hanwha Asset Management Co. Ltd. will launch three global funds for infrastructure, real estate and private equity investments, with $1 ...

[ASK 2017 SUMMIT] KIC eyes Asia, small firms for undervalued assets

Korea Investment Corporation (KIC) is looking to diversify its portfolio into emerging markets, in particular Asia, and will chase smaller-sized firms...

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...

Heungkuk Asset raises $114 mn to invest in senior debt of Emirates Airline’s aircraft

Heungkuk Asset Management Co. Ltd. , a unit of South Korea’s textile, financial services and media group, closed a 130 billion won ($114 million) fund...

Mirae Asset poised to buy German building for €300 mn: report

Mirae Asset Global Investments Co. Ltd. was recently named as a preferred buyer of an office tower in Frankfurt’s banking district, Taunusanlage 8 (T8...

Hana Asset raises €44.2 million in FoF to invest in CVC private debt fund

The investment firm of South Korea’s Hana Financial Group has raised €44.2 million ($47 million) mostly from domestic life insurers through a private ...

[Interview] Hana Asset bets on retail demand for overseas real estate

The asset management unit of South Korea’s Hana Financial Group is preparing to launch two new public funds investing in overseas real estate, betting...

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...

Korean asset firms strive to fund property deals as institutions step back

South Korean investment firms, which have recently snapped up prime office buildings and warehouses in the US and Europe, are struggling to raise capi...

Mirae Asset Daewoo likely to buy Vodafone Campus in Germany for $303 mn

South Korea’s brokerage firm Mirae Asset Daewoo Co. Ltd. was selected as a preferred buyer of the office tower of Vodafone Group in Dusseldorf, German...

Korean banks flex muscles for alternative assets; Kookmin, Shinhan may invest in KKR’s fund

South Korea’s Kookmin Bank and Shinhan Bank are consdering investing 30 billion won ($26 million) each to a private equity buyout fund which KKR &...

[Interview] Hanwha Life targets senior secured debt; sees $1 bn net growth in 2017 alternative asset

Hanwha Life Insurance Co. Ltd., which manages 100 trillion won ($87 billion) of assets, will chase senior secured debts of commercial buildings in dev...

[Interview] Mirae Asset Life eyes US power plants, buildings to boost overseas investment

(This is the first in a series of interviews with CIOs of South Korea’s leading insurance companies in 2017.) Mirae Asset Life Insurance Co. Ltd., ...

Mirae Asset poised to buy office building in Canberra for $245 mn

South Korea’s Mirae Asset Global Investments Co. Ltd. has been picked as the preferred buyer of a 12-story office building in Canberra, which is entir...

KTB Asset jointly acquires $68.5 mn debt of NY building from Blackstone

South Korea’s KTB Asset Management Co. Ltd. and two other domestic institutions have invested about $68.5 million in mezzanine debt secured by a Manha...

Samsung Asset to launch $500 mn global infrastructure debt fund with IFM: report

Samsung Asset Management Co. Ltd. will launch a $500 million blind-pool fund investing in infrastructure-backed debt in developed countries, and joint...

Korea Post’s savings arm targets 2-3% medium-risk assets; keen on CMBS, CLO: report

Korea Post’s Savings Bureau has been shifting overseas investment focus into relatively low-risk assets such as fixed-income assets since last year to...

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

NPS concerned over loss of trust; CIO calls for going back to basics

The ongoing investigations into the National Pension Service (NPS) by special prosecutors have crippled the South Korean fund’s operations, and its ch...