POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt

The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...

[RFP] Korea Post seeks global infrastructure fund houses for $500 mn

Korea Post plans to commit up to $500 million to global infrastructure blind-pool funds to make equity investments in core infrastructure assets, acco...

Hyundai Investments raises $222 mn for 3i Europe PPP fund

Hyundai Investments Co. Ltd. has raised a total of €180 million ($222 million) in commitments to invest in 3i European Operational Projects Fund from ...

[RFP] Korea Post seeks offshore commingled hedge fund managers

Korea Post’s insurance unit on April 9 announced a plan to select global fund managers for single offshore commingled hedge funds. It will receive pr...

Mirae Asset seeks to launch $940 mn Asia start-up fund with Korea’s Naver

Mirae Asset Daewoo Co. Ltd. and South Korea’s top internet portal Naver Corp. are looking to invest as much as 1 trillion won ($940 million) in Asia...

Korean fund, brokerage firm buy UK solar power plant portfolio for $36 mn

The Construction Workers Mutual Aid Association (CWMA) and Korea Investment & Securities Co. Ltd. have invested around 38 billion won ($36 million...

Korea police fund seeks loan funds and infrastructure projects: report

The Police Mutual Aid Association (PMAA), a $2 billion retirement fund for South Korea’ polices officers, will ramp up investment in loan funds and in...

Starwood Capital raises $530 mn from Korea for $7.6 bn fund

Starwood Capital Group, a US real estate investment firm, has raised around $530 million from South Korean institutional investors for its largest fun...

Construction workers’ fund, insurer in $123 mn deal to buy Denver building

The Construction Workers Mutual Aid Association (CWMA) and a South Korean insurance firm have invested 60 billion won ($56 million) in a 132 billion w...

Korea teachers fund allocates $1 bn for new global alternatives in 2018

The Korean Teachers’ Credit Union (KTCU) plans to invest an additional 1.1 trillion won ($1 billion) in overseas alternative assets in 2018, out of th...

Korea scientists fund to commit $37 mn to co-investment funds; $34 mn to PDF

Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to commit $37 million to co-investment funds of US-based StepStone Group and ...

US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility

Two US state pension funds and a Hong Kong public fund have invested 50 billion won ($47 million) in aggregate to buy a minority stake in South Korea’...

Antares Capital raising $200 mn from Korea for private debt fund

Antares Capital LP, a leading US middle-market lender, is raising $200 million from South Korean institutional investors for a private debt fund to wh...

Korean Teachers’ fund commits $50 mn to Neuberger Berman’s unit

The Korean Teachers’ Credit Union (KTCU) has recently committed $50 million to a new fund of Dyal Capital Partners, part of US-based investment firm N...

[RFP] Korea construction workers’ fund seeks $40 mn US PDF manager

The Construction Workers Mutual Aid Association (CWMA) plans to allocate about $40 million to a US blind-pool fund house of direct lending and senior-...

POBA mulls JV launch with global pension funds for alternative investment

The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...

POBA commits $150 mn to private debt funds of Antares, Ares and Golub

The Public Officials Benefit Association (POBA) has committed an aggregate $150 million to Antares Capital, Golub Capital and Ares Management as the t...

Aberdeen Standard wins $120 mn SMA mandate of Korea scientists fund

Korea Scientists and Engineers Mutual-aid Association (SEMA) has selected Aberdeen Standard Investments to manage its first separately managed account...

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...

Dalmore Capital to raise $200 mn from Korea for infrastructure fund

Dalmore Capital Limited, a UK-focused infrastructure investment firm, is set to raise £150 million ($203 million) from four to five South Korean insti...

Anbang Life-backed fund buys Seoul building for $225 mn

A fund led by a South Korean unit of China’s Anbang Life Insurance Co. Ltd. has bought a prime office building in Seoul for 240 billion won ($22...

Hyundai Investments raises $162 mn for US debt securitization fund

Hyundai Investments Co. Ltd. has collected $162 million from five South Korean institutional investors to invest in a $2 billion US real estate debt s...

LaSalle’s Europe debt fund collects $110 mn from three Korean investors

The Military Mutual Aid Association, the Employment Insurance Fund and an unidentified South Korean institutional investor have committed a total of $...

[RFP] POBA seeks US private debt fund managers for about $150 mn

The Public Officials Benefit Association (POBA) will select two to three US private debt fund houses to make senior secured, direct lending of around ...

Gaw Capital raising half of $360 mn US value-add fund from Korea

Hong Kong-based real estate investment firm Gaw Capital Partners is on track to raising 200 billion won ($180 million) for its 400 billion won ($360 m...

Malaysia pension fund buys Korean logistics center for $70 mn: report

Malaysia’s Employees Provident Fund (EPF) has closed the acquisition of a logistics center near Seoul for around 75 billion won ($67 million) in its f...

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...

Dongbu insurance arms to commit $40 mn to farmland/timberland fund

Two insurance units of South Korea’s Dongbu Group will commit 45 billion won ($40 million) to a timberland and farmland fund managed by Boston-based...

NPS’ $600 mn RFP for local PE/VC funds receives tepid response

National Pension Service’s (NPS) recent invitation for investment proposals to domestic private equity and venture capital funds, which amounts to 650...