South Korea seen to spend $1.4 tn on infrastructure by 2040: report

South Korea is expected to largely meet its infrastructure investment needs by 2040, spending $1.4 trillion on infrastructure by the year, according t...

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...

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...

NPS in emergency system under acting CIO, global alternatives head

The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of...

Blackstone, Kuwait fund among bidders for NPS’ Sony Center in Berlin: report

Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pen...

NPS says CIO offers to step down before his term ends

National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang tendered his resignation on July 17 seven months before his two-year term en...

NPS to buy stake in UK high-speed railway for $350 mn in InfraRed-led investment

South Korea’s National Pension Service (NPS) is expected to invest around 400 billion won ($353 million) in acquiring a 30% stake in Britain’s High Sp...

NPS secures hefty return from first exit of global infrastructure co-investment

South Korea’s National Pension Service (NPS) has pocketed more than €100 million ($114 million) from the recent sale of a 5% stake in Spain’s leading ...

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...

NPS cancels global alternative head appointment on CV inaccuracy

The National Pension Service (NPS) has withdrawn the appointment of its new global alternative investment head due to an inaccurate statement on his r...

GEPS to invest $20 mn in dollar-denominated structured notes

The Government Employees Pension Service (GEPS) will allocate $20 million to US dollar-denominated structured notes based on South Korean credit defau...

KIC to open Singapore office to boost Asian alternative investment

Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia...

NPS confirms co-investment in Prague office building via LaSalle fund

South Korea’s National Pension Service (NPS) confirmed a co-investment in an office building in Prague, Czech Republic, through a real estate fund of ...

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...

NH Investment acquires $70 mn debt in aircraft finance for Qatar Airways

NH Investment & Securities Co. Ltd. has underwritten $70 million mezzanine debts of around $300 million financing to buy two aircraft operated by ...

KTB Investment raises $82 mn aircraft fund for lease to Singapore Airlines

KTB Investment & Securities Co. Ltd. and the Military Mutual Aid Association’s (MMAA) investment firm have recently closed a 91.5 billion wo...

NPS to raise global stock portion by end-2022

The National Pension Service (NPS) will further increase the proportion of overseas investment with a higher share of global equities, according to it...

NPS names CIO’s ex-colleague as global alternative head

Jae-Sang Kim, who had worked with National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang in asset management firms for several ye...

[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] 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...

NH Investment to acquire $100 mn debt of landmark Boston building

(Updated: Some financing details and background were removed at the request of the sources.) NH Investment & Securities Co. Ltd. will underwrite ...

[ASK 2017 SUMMIT] NPS mulls private debt benchmark introduction

The National Pension Service (NPS) is considering introducing a benchmark for private debt in which it plans to increase investment, as the South Kore...

KIC’s 2016 investment return swings to positive

Korea Investment Corporation’s (KIC) investment return swung to a positive 4.35% in 2016, helped by solid returns from stock and bond portfolios. In ...

NPS studies stewardship code adoption in 2017

The National Pension Service (NPS) is preparing to introduce a Stewardship Code which is aimed at encouraging institutional investors to actively part...

NongHyup Financial raising $264 mn infrastructure blind fund: report

NongHyup Financial Group Inc., a holding company of South Korea’s national agricultural cooperative, is raising a 300 billion won ($264 million) blind...

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...

Teachers’ Pension announces new overseas alternative investment head

The Korea Teachers’ Pension on April 24 named its domestic alternative investment head Young-sin Jeong as new head of overseas alternative investments...

NPS to invest $100 mn in BBAM’s blind-pool aircraft fund

South Korea’s National Pension Service (NPS) will make its first investment in a blind-pool aircraft fund by committing $100 million to a $1 billion f...

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...