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...

Korea civil servants’ pension fund picks local firms for global stock, bond mandates

South Korea’s Government Employees Pension Service (GEPS) has selected Daishin Asset Management and Shinhan BNP Paribas Asset Management as general pa...

ABCP issues backed by Chinese bank deposits seen to top corporate bond sales in Korea

South Korean pension and savings funds are piling into short-term notes backed by time deposits at Chinese banks, lured by higher deposit rates from C...

NPS seeks higher pay raise for in-house fund managers ahead of office relocation

The National Pension Service (NPS) is pushing forward a plan to raise the basic pay for in-house fund management staff by about 9% on average in 2016,...

Korea’s public pension funds to explore joint overseas, alternative investment – fin ministry

South Korea’s public pension funds, including the National Pension Service (NPS) and pension schemes for government officials and military personnel, ...

Ex-NPS investment strategy head to lead non-equity portfolios of Korean asset firm

A former investment strategy head of the National Pension Service (NPS), Yoon-pyo Lee, will move to South Korea’s Truston Asset Management Co. Ltd. ne...

[RFP] Korea fund for small firm owners solicits bids for $88 mn equity mandates

The Yellow Umbrella Mutual Aid is looking for stock management firms to invest a total of about 100 billion won ($88 million) and pick up to four fund...

NPS’ stock concentration in Samsung, top conglomerates deepens in H1, 2016

The units of the Samsung Group made up a quarter of the National Pension Service’s (NPS) Korean stock holdings in value in the first half of this year...

Korea pension funds seek damages from Daewoo Shipbuilding’s books rigging

The Government Employees Pension Service (GEPS) and the Teachers’ Pension have brought a joint action against Daewoo Shipbuilding for $19 mill...

Brookfield tipped to buy IFC Seoul for about $3 bn: CIC, NPS may join financing

Asset management firm Brookfield has made a bid “far higher than market expected” to buy a landmark in central Seoul, IFC Seoul, from the ...

KIC sees regulation change to qualify KIC, Korean pension funds managers for CIO job

Korea Investment Corporation (KIC) has recently asked the finance ministry to revise part of regulations governing the sovereign wealth fund in order ...

Knowledge transfer was key factor of NPS’ $1 bn fund of fund GP selection – sources

The National Pension Service (NPS) put top priority on “knowledge transfer,” along with the performance of funds when it picked BlackRock Financial Ma...

NPS replaces global alternative head in internal moves of senior managers

The National Pension Service (NPS) appointed its domestic alternative division head, Sang-Hyun Yoo, as the new head of the global alternative division...

BlackRock, Grosvenor picked as NPS’ fund of hedge fund managers

The National Pension Service (NPS) finally selected BlackRock Alternative Advisors and Grosvenor Capital Management on July 11 as the general partners...

NPS to put $440 mn in Blackstone’s $5 bn core fund

The National Pension Service (NPS) of South Korea will commit 500 billion won ($436 million) to a $5 billion private equity fund that Blackstone Group...

Korea firms hold off UK property deals; demand seen reviving after price drops – reports

Three to four South Korean institutions, including asset management firm Hyundai Investments, have put on hold a planned joint purchase of an office b...

[RFP] Korea's govt pension seeks $100 mn offshore mezzanine fund managers

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 6 that it would select two global private debt fund managers f...

[Editor's Note] Korea funds warm up to private debts

Private debt products such as senior secured loans, collateralized loan obligation and mezzanine debt in the U.S. and European markets have become one...

[RFP] Korea’s GEPS seeks $170 mn fund of funds managers of global stocks, bonds

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 1 to invite bids for a 100 billion won ($87 million) mandate f...

Korea Post names new insurance asset head from within; 3rd replacement in 1 year

Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief...

[RFP] Korea police fund invites bids for $87 mn blind fund mandates

The Police Mutual Aid Association (PMAA) of South Korea issued requests for proposals on July 1 for 100 billion won ($87 million) mandates that it wou...

Korea’s GEPS CIO says to invest fresh $375 mn in alternatives in 2016

South Korea’s Government Employees Pension Service (GEPS), managing $6 billion of assets, will make an additional investment of about 430 billion won ...

NPS’ 2015 return beats key foreign pension funds; to take passive equities strategy

The National Pension Service’s (NPS) investment return dipped to 4.57% in 2015, but its performance outstripped those of other top five pension funds ...

Korea PEF picked as preferred buyer of Outback Steakhouse Korea

South Korea’s private equity firm SkyLake Investment, which won an about $220 million mandate from the National Pension Service (NPS) this week, has b...

Inside GP selection process: NPS awards $600 mn mandates to 4 Korea PEFs

South Korea’s two local private equity firms, VIG Partners and SkyLake Investment, received 250 billion won ($216 million) mandates from the National ...

[Interview] Korea savings funds see UK asset price drop after Brexit, awaiting buy timing

South Korea’s key savings funds have decided to put on hold investments in Europe shortly after the Brexit vote on the prospect of a further decline i...

CJ Group Interested in Acquiring McDonald's Korea Operations

CJ Group has jumped into a bidding war to acquire McDonald's Korea. According to investment banking sources on June 28, CJ Group had submitted a lette...

NPS faces calls for GP screening system revision, ahead of $600 mn mandate awards

The National Pension Service (NPS) of South Korea has drawn only five bidders for its planned 500 billion won ($426 million) commitments to be made to...

Korea pension funds show mixed reaction to Brexit decision – report

A savings fund in South Korea is studying raising its exposure to European equities, stocks and infrastructure assets after the Brexit decision, where...