Korean military fund to commit $30 mn to two US venture capital FoFs

Korean military fund to commit $30 mn to two US venture capital FoFs

The Military Mutual Aid Association (MMAA) will commit $30 million in aggregate to two US venture capital funds of funds in its first investment in a ...

Two Korean investors buy Canberra building for $54 mn

Two Korean investors buy Canberra building for $54 mn

Two South Korean institutional investors have recently completed a 60 billion won ($54 million) acquisition of an office building in Canberra which th...

[RFP] Korea Post to select two Europe equity fund houses in July

Korea Post’s insurance unit is looking for two active-type Europe stock investment houses for a two-year investment period, according to its request f...

Korea construction workers’ fund to pick two debt fund managers for $70 mn

Korea construction workers’ fund to pick two debt fund managers for $70 mn

(Corrected: The CWMA source on April 13 corrected the timetable of the planned debt manager selection to “soon”, and added that it has already begun t...

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

The Public Officials Benefit Association and the Korea Scientists and Engineers Mutual-aid Association have decided to invest $50 million and $30 mill...

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

Two Korean firms make $70 mn senior loans to power plants near Chicago

Two Korean firms make $70 mn senior loans to power plants near Chicago

NH Investment & Securities Co. Ltd. and KEB Hana Bank have made $35 million senior loans each to two power generation facilities near Chicago, acc...

[Exclusive]NPS invests $300 mn in TeamHealth as co-investor with Blackstone

[Exclusive]NPS invests $300 mn in TeamHealth as co-investor with Blackstone

South Korea’s National Pension Service (NPS) has agreed to buy a 10% stake in TeamHealth Holdings Inc. for about $300 million, in a joint investment i...

Korean institutions to invest $600 mn in two US gas power plants

Korean institutions to invest $600 mn in two US gas power plants

The recently-closed financing for two US natural gas-fired power plants under construction have attracted a group of South Korean institutional invest...

Blackstone may inject $200 mn into Korea fund for 6~7 logistics center purchase

Blackstone may inject $200 mn into Korea fund for 6~7 logistics center purchase

The Blackstone Group L.P. is understood to commit about $200 million to a South Korean fund to finance its 70 billion won ($59 million) acquisition of...

Korean fund to put $42 mn in two aircraft funds; $900 mn aviation fund in final stage of fundraising

South Korea’s Public Officials Benefit Association (POBA) has decided to invest $42 million in mezzanine debt of two aircraft funds which will buy use...

Two Korean firms on NASA building deal as local rival steps aside: report

A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. was recently picked as a new preferred negotiator of the...

Korean firms complete $320 mn financing for Newark Energy Center of US

Korean firms complete $320 mn financing for Newark Energy Center of US

South Korean insurance firms and other institutions have committed a total of $250 million to a local fund set up to provide senior loans to Newark En...

Korea funds seek investment experts from outside; CIOs chair review committees

The Public Officials Benefit Association (POBA) has replaced the head of its investment review committee recently with the Chief Investment Officer Do...

Korean TV stars tipped to reap windfall from IPOs

A series of South Korean entertainment companies' public listings will likely create windfalls of up to tens of million dollars for Korean TV stars, i...

Blight of failing e-commerce startups in South Korea

Blight of failing e-commerce startups in South Korea

Linkshops, once touted as one of the next unicorn candidates in South Korea, bankrupted last month even after garnering 15.4 billion in funding from...

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