Hyundai Capital sells $2.5 bn dollar bond; Tongyang Life issues $300 mn perpetual bond

Hyundai Capital sells $2.5 bn dollar bond; Tongyang Life issues $300 mn perpetual bond

Hyundai Capital America, the US capital arm of Hyundai Motor Group, has issued $2.5 billion worth of global bonds, the largest amount for a local comp...

Bakery franchise Tous Les Jours draws Affirma Capital, chemical group as bidders

Bakery franchise Tous Les Jours draws Affirma Capital, chemical group as bidders

Bakery franchise Tous Les Jours, a division of CJ Foodville Corp., has drawn four preliminary bidders for its sale, including Singapore-based Affirma ...

Sale of Korea’s bank debentures hits all-time high as capital reserves shrink

Sale of Korea’s bank debentures hits all-time high as capital reserves shrink

Bond issuance by South Korean banks has risen to a record high as banks move to secure adequate capital to ride out any short-term liquidity disruptio...

Korean banks’ Q2 capital ratio drops for third straight quarter

Korean banks’ Q2 capital ratio drops for third straight quarter

The average capital adequacy ratio of South Korean banks declined in the April-June period for the third consecutive quarter, weighed by rising corpor...

KIC forms $400 mn joint venture with NongHyup for private equity co-investment

KIC forms $400 mn joint venture with NongHyup for private equity co-investment

Korea Investment Corporation (KIC) has announced a $400 million joint venture with NongHyup, or the National Agricultural Cooperative Federation, to...

NPS boosts private debt and venture capital investment in Q1

NPS boosts private debt and venture capital investment in Q1

The National Pension Service (NPS) has beefed up investments in private debt and venture capital funds by adding Antares Capital Advisers and Insight ...

Singapore’s Vickers Venture tapping Korean institutions for $500 mn fund

Singapore’s Vickers Venture tapping Korean institutions for $500 mn fund

Vickers Venture Partners, a Singapore-based venture capital firm, is tapping South Korean institutional investors in the second round of fundraising t...

Bain Capital to invest $123 mn in South Korean online education startup

Bain Capital to invest $123 mn in South Korean online education startup

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

Outbound real estate funds hit by first capital outflow in over 4 years

Outbound real estate funds hit by first capital outflow in over 4 years

South Korea’s real estate funds for outbound investment saw their first net capital outflows in four and a half years in March, hit by delays in...

Korean LPs receive massive capital calls from global funds

Korean LPs receive massive capital calls from global funds

Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...

[Dealmaker] Unison Capital shines in Korea’s niche sectors

[Dealmaker] Unison Capital shines in Korea’s niche sectors

Middle market-focused Unison Capital Inc. stood out in South Korea’s buyout market in 2019 with two lucrative exits and two startup acquisitions...

Shinhan backs AMP Capital’s $763 mn US data center acquisition

Shinhan backs AMP Capital’s $763 mn US data center acquisition

Shinhan Investment Corp. has provided 194.1 billion won ($162 million) in financing for AMP Capital’s 911 billion-won ($763 million) acquisition...

SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...

AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea

AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea

Twenty-four South Korean institutional investors, including the National Pension Service, the Korean Teachers’ Credit Union and the Public Offic...

AI chip venture set to challenge Nvidia, Intel, Google

AI chip venture set to challenge Nvidia, Intel, Google

Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...

Ardian, Veritas Capital, HPS Investment win POBA’s $150 mn PEF mandates

Ardian, Veritas Capital, HPS Investment win POBA’s $150 mn PEF mandates

The Public Officials Benefit Association (POBA) has picked three global private equity firms as follows to commit $50 million to their blind-pool fund...

Korean 3D scanning venture draws bids from KKR, Carlyle, Affinity

Korean 3D scanning venture draws bids from KKR, Carlyle, Affinity

Medit Corp., a South Korean 3D scanner maker, has drawn preliminary bids from nine private equity firms, including KKR & Co., the Carlyle Group, A...

Unison Capital agrees to sell Gong Cha to US PEF for $300 mn

Unison Capital agrees to sell Gong Cha to US PEF for $300 mn

South Korea-based Unison Capital Inc. has signed a definitive agreement to sell milk tea brand Gong Cha to US private equity firm TA Associates for ar...

Unison Capital in final stages of talks to sell Gong Cha to US PEF

Unison Capital in final stages of talks to sell Gong Cha to US PEF

Unison Capital Inc. is in the final stages of negotiations to sell Taiwan-style milk tea brand Gong Cha to US private equity firm TA Associates for ar...

KB Investment joins $134 mn funding for Swiss biotech venture

KB Investment joins $134 mn funding for Swiss biotech venture

KB Investment Co. Ltd., the venture capital arm of KB Financial Group, has invested $10 million in a Swiss biotech start-up firm which recently raised...

TIAA, Korean Teachers’ Credit to form 3rd JV with $510 mn capital

TIAA, Korean Teachers’ Credit to form 3rd JV with $510 mn capital

The Teachers Insurance and Annuity Association of America (TIAA) and the Korean Teachers’ Credit Union (KTCU) have reached a preliminary agreement to ...

MMAA commits $40 mn to Oaktree Capital’s special situations fund

The Military Mutual Aid Association (MMAA) has committed $40 million to Oaktree Capital Management’s Asia-focused special situations fund which report...

CalSTRS-POBA venture extends $64 mn loan on Atlanta office project

CalSTRS-POBA venture extends $64 mn loan on Atlanta office project

A joint venture between the California State Teachers' Retirement System (CalSTRS) and the Public Officials Benefit Association (POBA) has provided a ...

Unison Capital puts bubble tea franchise Gong Cha up for sale

Unison Capital puts bubble tea franchise Gong Cha up for sale

Private equity firm Unison Capital Inc. has put bubble tea franchise Gong Cha on the market, a deal estimated at up to $442 million, as the South Kore...

Meritz Sec to buy $540 mn aircraft portfolio from DAE Capital

Meritz Sec to buy $540 mn aircraft portfolio from DAE Capital

Meritz Securities Co. Ltd. will acquire 18 used aircraft from Dubai Aerospace Enterprise (DAE) Capital for $540 million, for which it is to complete t...

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital Partners, the credit investment arm of the Blackstone Group, has raised 450 million euros ($511 million) in a Europe mid-market collateral...

TPG, Coller Capital, Ardian win POBA’s $150 mn PEF mandates: report

The Public Officials Benefit Association has awarded $150 million private equity mandates to TPG Capital (for buyout/growth strategy), London-based Co...

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

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...

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

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...

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

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...

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