Korean firms to buy $88 mn US power plant-backed debts from US bank

Four South Korean institutional investors will acquire 100 billion won ($88 million) worth of senior debts secured on two US gas-fired power plants fr...

Hana Financial underwrites $75 mn senior debt for US solar power plant

Hana Financial Investment Co. Ltd. has underwritten $75 million senior debts sold by a Swiss private asset manager to fund a US solar power plant acqu...

[Interview] ING Life Korea seeks equity investments in US, Europe core real estate

ING Life Insurance Korea Ltd. sees core office buildings and infrastructure in the US and Europe remaining as attractive targets even in the periods o...

Korean institutions partake in US fund’s buyout deal as financial investors: report

NH Investment & Securities Co. Ltd. and a federation of credit cooperative in South Korea have extended about 50 billion won ($44 million) of loan...

Korea Post awards $436 mn real estate debt mandates to three US firms

The asset management units of the Teachers Insurance and Annuity Association of America (TIAA), Prudential Financial Inc., and New York Life Insurance...

Samsung property fund invests $100 mn in mezzanine debt of US building

A $270 million real estate fund of Samsung SRA Asset Management Co. Ltd. has invested $100 million in mezzanine debts backed by a prime office build...

[Interview] Lotte’s insurance arm eyes US infrastructure, private debts for low-risk alternatives

Lotte Non-Life Insurance Co. Ltd., a unit of South Korea’s retail giant Lotte Group, is looking to US infrastructure and private debt markets in Europ...

[Interview] Mirae Asset Life eyes US power plants, buildings to boost overseas investment

(This is the first in a series of interviews with CIOs of South Korea’s leading insurance companies in 2017.) Mirae Asset Life Insurance Co. Ltd., ...

Korean investors mull investing in Ares Management’s $2.5 bn US private debt fund

South Korean institutional investors, including the Korean Scientists and Engineers Mutual-aid Association, Nonghyup Life Insurance Co. Ltd. and Lotte...

Hana becomes first Korean debt arranger for US power plant

Hana Financial Investment’s participation in the recent $1 billion debt financing for a US gas-fired power facility as a lead arranger has made it...

TIAA-CREF, Korean teachers’ savings fund to form $1 bn US real estate debt JV

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint venture with the Teachers Insurance and Annuity Association of America - Colle...

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...

Korean institutions in scurry for Europe real estate away from US

South Korean institutional investors, one of aggressive cross-border buyers of US and European real estate in recent years, are quickly shifting towar...

Korean brokerages to unveil public funds for US, Europe property deals

South Korean brokerage firms, on the buying spree of US and European real estate, will roll out public real estate funds in the coming months to sell ...

Meritz Securities drops $500 mn Walmart store acquisition plan after US rate hike

South Korea’s Meritz Securities Co. Ltd. has abandoned plans to acquire about 40 stores of Walmart Stores Inc. in southern states of the U.S. for $500...

US gas power projects lure Korean private loan investors: report

Gas-fired power plants in the pipeline in northeast U.S. states are expected to attract South Korean institutional investors in search of 5~6% annual ...

Mirae Asset in bidding for $300 mn Charles Schwab’s US building: report

Mirae Asset Financial Group has recently submitted a letter of intent to buy a prime office building worth $300 million in San Francisco which financi...

US Prudential unit to buy Seoul office building for $157 mn amid vacancy concerns

PGIM Inc. a unit of U.S. Prudential Financial Inc., will acquire an office building in central Seoul for 184 billion won ($157 million) from a South K...

KIC, Korean fund to invest $130 mn in US hotels-backed mezzanine debt: report

Korea Investment Corporation (KIC) and the country's Local Finance Association will invest a total of 153 billion won ($130 million) in U.S. mezzanine...

KIC, Teachers’ Pension to invest in US warehouse fund, first since joint work agreement

Korea Investment Corporation (KIC) and the Teachers’ Pension will invest in a U.S. warehouse portfolio fund for an undisclosed sum, in their first joi...

Korean insurers to invest $240 mn in senior loans for US FBI building

South Korean life and non-life insurance firms will provide about $240 million worth of senior financing for a historic 10-story office building in Wa...

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...

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 ...

Samsung’s investment firm to set up $270 mn US property mezzanine fund

A property investment arm of the Samsung Group will raise 300 billion won ($270 million) from South Korean insurance companies and pension funds in a ...

US rate hike talk alters Korean fund’s US property investment strategy

The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...

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 ...

[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...

US bank loans, asset-based credit whet appetite of Korean investors

South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...

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...