NH Investment joins in $10.1 bn Abu Dhabi deal for $1.3 bn stake

NH Investment & Securities Co. Ltd. will invest about 1.6 trillion won ($1.3 billion) in Abu Dhabi National Oil Company’s (ADNOC) gas pipeli...

Carlyle to invest $415 mn in KB Financial, betting on share rebound

The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...

NPS boosts private debt and venture capital investment in Q1

The National Pension Service (NPS) has beefed up investments in private debt and venture capital funds by adding Antares Capital Advisers and Insight ...

NPS adds Select Equity to single-manager hedge fund roster in Q1

New York-based Select Equity Group joined the roster of the National Pension Service’s (NPS) global alternative investment companies as a single...

NPS logs negative Q1 investment return on stock market plunge

The National Pension Service (NPS) reported a negative 6.08% return on investment in the first three months of this year, weighed down by double-digit...

Bain Capital to invest $123 mn in South Korean online education startup

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

NPS restarts alternative investment with Portugal and Manhattan deals

The National Pension Service has invested at least one billion dollars in aggregate in a Portuguese toll road operator and a property redevelopment pr...

IMM enters China’s infrastructure market with $40 mn investment

IMM Investment Corp. has acquired a minority stake in China’s private water supplier for $40 million, in the first investment by a South Korean ...

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...

NPS makes first single-manager hedge fund investment with $810 mn

The National Pension Service committed about 1 trillion won ($810 million) to four global hedge fund houses in 2019, in its first investment in single...

BlackRock dropped from NPS’ property investment manager pool

BlackRock, the world’s largest asset manager, has been excluded from the National Pension Service’s 49-strong group of global real estate ...

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...

Mirae Asset invests $150 mn in US meat substitutes maker

Mirae Asset Global Investments Co. Ltd. has signed a share purchase agreement to invest $150 million in Impossible Foods Inc., a meat substitutes prod...

Mirae Asset to sell up to $600 mn global debt for investment

Mirae Asset Daewoo Co. Ltd. plans to issue a global bond worth $500 million to $600 million as early as April for the third year of offshore debt sale...

NPS’ investment return at all-time high in 2019; alternatives lag

The National Pension Service (NPS) achieved its strongest investment return of 11.31% in 2019, led by hefty gains from equities and overseas fixed-inc...

NH Investment, KB Asset buy Dallas building for $370 mn

NH Investment & Securities Co. Ltd. and KB Asset Management Co. Ltd. have acquired an office building in Dallas for $370 million, which represente...

Construction workers’ fund names ex-Hanwha General investment head as CIO

The Construction Workers Mutual Aid Association (CWMA) has appointed Wihwan Lee, a former investment head of Hanwha General Insurance CO. Ltd., as chi...

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...

NPS' 2019 investment return at 10-yr high on equities, fixed incomes

The National Pension Service (NPS) reported a preliminary 11% return on investments in 2019, its best annual result in a decade, supported by double-d...

CalSTRS, POBA to form $312.5 mn JV for US multifamily investment: report

California State Teachers’ Retirement System (CalSTRS) and Public Officials Benefit Association (POBA) will set up a $312.5 million joint ventur...

KIC to boost startup investment with new San Francisco office

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

Korea’s Europe property investment hits record; France takes one-third

South Korean institutions, including pension funds and insurance companies, poured a record 12.5 billion euros ($14 billion) into Europe’s real ...

NH Investment, Nuveen jointly buy Amazon warehouse in Japan

NH Investment & Securities Co. Ltd. has taken a 50.1% stake in an Amazon distribution center in Japan for around 150 billion won ($130 million) in...

Hana Fin, Korea Investment acquire $162 mn Finland wind farms

Hana Financial Investment Co. Ltd. and Korea Investment & Securities Co. Ltd. have acquired the entire equity interest of three wind farms in Finl...

Eugene Investment acquires Poland office building for $61 mn

Eugene Investment & Securities Co. Ltd. has entered the European real estate market with the purchase of an office building in Warsaw, Poland for ...

IMM Investment buys stake in Texas Express Pipeline in $1 bn co-investment

South Korea’s IMM Investment Corp. has agreed to buy a 35% stake in Texas Express Pipeline, a joint venture for natural gas liquids transportati...

NPS creates three sr. manager positions to curtail CIO duties

The National Pension Service (NPS) has created three senior manager positions for strategy, risk management and back office just under chief investmen...

NPS sets up $860 mn Vietnam investment fund with SK Group

The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...

Greystar, Patrizia secure Korea Post’s $100 mn housing investment

US-based Greystar Real Estate Partners and Germany’s Patrizia AG have won a $100 million mandate from Korea Post to invest in the housing sector...