[Interview] NPS eyes equity stakes in foreign infrastructure firms: CIO

South Korea’s National Pension Service (NPS) will chase equity stakes in foreign companies running power, harbor and road projects, as it is seeking t...

[ASK 2016 SUMMIT] NPS slows offshore property purchase; calls for customized proposal from GPs

The global alternative investment head of the National Pension Service (NPS), Sang-Hyun Yoo, cautioned about the heightened competition and price spik...

Korea scientists fund to put €25 mn into Europe infrastructure-investing FoF

A South Korean asset management firm is raising a €100 million ($110 million) fund to invest in the Pan-European Infrastructure Fund (PEIF) II of a De...

Korea insurer buys shares in Lending Club, sees P2P loans as new alternative

South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...

Neuberger Berman sees $100 mn fundraising in Korea to buy stakes in US asset firms

The Korean Teachers’ Credit Union (KTCU) will commit $50 million to a blind-pool fund that Neuberger Berman is in the process of raising, and other So...

Three US firms win $120 mn mezzanine fund mandates from Korea fund

The Public Officials Benefit Association (POBA) has selected Crescent Capital Group, Falcon Private Equity and GoldPoint Partners to invest a total of...

Korea public officials’ fund picks $40 mn cat bond managers

Three private equity firms – LGT Capital Management, Leadenhall Capital Partners and Nephila Capital – have been chosen as the preferred managers of t...

[Interview] Korea police fund eyes EM debt; keen on networks with foreign funds: CIO

South Korea’s Police Mutual Aid Association (PMAA), a $2 billion savings fund, is interested in sovereign debt of emerging economies, and will put eff...

Korea Post put 1 trillion won into offshore property in past 3 yrs

Korea Post has invested a total of 998.6 billion won ($888 million) in overseas commercial buildings since 2013, the vast majority of which involved e...

Korea savings fund to buy $51 mn equity in property funds: report

South Korea’s Construction Workers Mutual Aid Association (CWMA) will acquire 57 billion won ($51 million) worth of equity stakes in two domestic fund...

Korea public officials’ fund to be anchor LP of PAG-led property debt fund

Asia-based alternative investment firm Pacific Alliance Group (PAG) is teaming up with a South Korean brokerage company to launch about a 200 billion ...

NPS, KIC global alternative heads to discuss property, infrastructure outlook in Oct 20 summit

Keymen of major South Korean institutional investors, including the National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post,...

Starwood Energy to raise $200 mn from Korea to fund $760 mn US deal: report

(Updated to clarify the fund-raising is still underway, based on a comment from a source with knowledge on the matter) KB Asset Management, a unit ...

NPS to invest $100 mn in consumer-focused L Catterton’s $2.5 bn fund

South Korea’s National Pension Service (NPS) will commit $100 million to a new fund that L Catterton, a consumer-focused private equity firm, is curre...

KIC sues Volkswagen over emission scandal on behalf of S.Korea govt

Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund, has lodged a lawsuit against Volkswagen on behalf of the South Korean governm...

NPS confirmed to join €3.2 bn joint lawsuit against Volkswagen

South Korea’s National Pension Service (NPS), the world’s third-largest pension scheme, has joined the California pension fund CalPERS and other insti...

NPS, CIC joint fund invests in A$9.7 bn Australian port deal

South Korea’s National Pension Service (NPS) has invested A$500 million in a deal of securing a 50-year-lease on Australia’s biggest container and car...

Korea police fund picks CIO from outside; gives $90 mn mandates to 6 firms

South Korea’s police savings fund has appointed a former fixed-income head of Samsung Asset Management as its first chief investment officer fro...

Brookfield may raise $90 mn from Korea for property mezzanine fund

A real estate mezzanine fund of Brookfield Asset Management, for which the private investment firm is aiming to raise $2 billion globally, is expected...

Korea Post set to buy Natixis office building in Paris for $206 mn

Korea Post’s savings arm has been chosen as the preferred buyer of the headquarters building of France’s Natixis in Paris, in a deal worth 230 billion...

Korea Teachers’ Pension to invest $100 mn in Crescent Capital mezzanine fund

The Teachers’ Pension of South Korea will commit $100 million to a North America-focused, blind mezzanine fund to be launched by U.S.-based Crescent C...

KEPCO taps NPS-led fund to buy US solar power plant for $35 mn

Korea Electric Power Corp. (KEPCO) has signed an agreement to buy a U.S. solar power plant from private equity firm Carlyle Group for $35 million, in ...

Competition for NPS investment division’s new hires at its lowest

South Korea’s National Pension Service (NPS) has drawn slightly over 200 applicants for about 30 positions opened at its fund management division, hit...

Blackstone’s property loan fund raises $900 mn in Korea, beating funding target

Blackstone, the world’s largest real estate investment firm, has attracted 1 trillion won ($900 million) from South Korean institutional investors for...

TPG picks son of ex-Samsung vice chairman to lead Korea investment

TPG named Sanghoon Lee, an ex-Morgan Stanley executive and elder son of a former Samsung Electronics vice chairman and CEO, as the head of its South K...

Carlyle joins bids for Korea’ No.4 parcel delivery firm – sources

The Carlyle Group has recently embarked on due diligence of South Korea’s Logen Co. Ltd. for a possible acquisition, following another private equity ...

NPS to put €250 mn in Macquarie Europe fund; drops Nice airport stake buy plan

South Korea’s National Pension Service (NPS) has decided to commit €250 million to Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to ...

[RFP] Korea Post invites bids for $450 mn US first mortgage co-investment

Korea Post’s savings unit is seeking three global real estate fund managers to make joint investments in first mortgages of U.S. commercial assets for...

Korea military fund to put €40 mn into Macquarie’s Europe infrastructure fund

South Korea’s Military Mutual Aid Association (MMAA) will invest €40 million in Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to rai...

[RFP] Korea Post seeks 3 management firms for overseas CLO investment

Korea Post’s savings unit announced a request for proposal on August 17 to select three asset management houses that will be in charge of setting up s...