NPS creates three sr. manager positions to curtail CIO duties

The National Pension Service (NPS) has created three senior manager positions for strategy, risk management and back office just under chief investmen...

Start-up takes stab at lithium-ion industry

What do artificial intelligence (AI) and self-driving vehicles have in common? They're both energy guzzling machines.This reason alone makes battery a...

Macquarie tipped to buy Korea’s top industrial gas producer for $2.2 bn

Macquarie Group has approached MBK Partners to acquire Daesung Industrial Gases Co. Ltd. and offered around 2.5 trillion won ($2.2 billion) for full o...

Industrial, multifamily seen to shine on rent growth: Ares

Industrial and multifamily real estate sectors are poised to benefit from a growing trend of renting spaces in the long term after supply growth slowe...

GEPS picks insurance asset management veteran as CIO

The Government Employees Pension Service (GEPS) has picked Won-joo Seo, a former chief investment officer of PCA Life Insurance Co. Ltd. (currently, M...

[RFP] Korea Post seeks direct lending debt managers for $200 mn mandate

Korea Post’s insurance unit plans to select two global private debt managers to invest $200 million in direct loans, it announced on April 15. Qualif...

POBA seeks Europe PDF managers for $136 mn mandates

The Public Officials Benefit Association (POBA) will select three European middle-market private debt funds to commit about 120 million euros ($136 mi...

NPS’ risk management head to spearhead investment strategy

The National Pension Service (NPS) appointed risk management center head Seong-Tae Park as new head of investment strategy on Dec. 8, a week...

[Interview] Ares Management picks commercial mortgage, 2nd-tier US cities

Senior commercial real estate debts and select second-tier cities are likely to offer greater investment opportunities to global investors still keen ...

Ares Management secures $300 mn in US gas project debt from Korea

Ares Management LP has raised a total of $300 million in credit facilities from South Korean institutional investors, including Hana Financial Investm...

[RFP] POBA to allocate $150 mn to global blind-pool PEF managers

The Public Officials Benefit Association (POBA) plans to commit up to $150 million to global blind-pool private equity funds for three types of strate...

[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...

Korean credit cooperatives picks seasoned insurance asset manager as CIO

MG Korean Federation of Community Credit Cooperatives, which manages $50 billion of assets, named Sang-hun Kim, a former managing director and head of...

[RFP] Korea Post seeks two global PEF managers for $200 mn co-investment

Korea Post plans to allocate a total of $200 million to two global private equity fund managers employing co-investment strategies. It will receive p...

[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-...

[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 ...

[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...

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...

UBS, Mesirow, AXA on Korea Post’s hedge fund manager shortlist

UBS, Mesirow Financial and AXA are on the shortlist for Korea Post’s global hedge fund investment mandates for which the state agency is to allocate a...

[RFP] POBA seeks private credit SMA managers for $200 mn

The Public Officials Benefit Association (POBA) will select two global private credit managers to invest around $200 million in mezzanine debt via sep...

[ASK 2017 SUMMIT Panel Talks] KIC may pick small hedge fund managers

Korea Investment Corporation (KIC) is looking at small and medium-sized hedge fund managers to take a bigger chunk of a deal, and the sovereign wealth...

POBA selects 7 global private equity fund managers for $300 mn

The Public Officials Benefit Association (POBA) has picked seven global private equity fund houses to invest $300 million in five different strategies...

[RFP] Korea Post seeks global private debt fund managers for up to $300 mn

Korea Post's savings unit announced a plan on May 17 to invest up to $300 million in overseas private debt funds focusing on mezzanine and distresse...

[RFP] Korea Post seeks global fund of hedge fund managers

Korea Post’s insurance unit on May 8 posted a request for proposals of multi-strategy funds of hedge funds. It will receive proposals by 5 pm, May 19...

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...

[RFP] Korea Post seeks global private equity FoF managers for $200 mn

Korea Post’s insurance unit is planning to commit about $100 million each to two multi-strategy global funds of funds (FoFs) employing primary, second...

KIC picks $400 mn global bond managers among firms with Korean subsidiaries

Korea Investment Corporation (KIC) has introduced new requirements to foreign bond managers that they have South Korean subsidiaries which will not be...

Korea's POBA in screening overseas PEF managers to commit $300 mn

The Public Officials Benefit Association (POBA) is screening investment proposals from overseas private equity fund managers to entrust a combined $30...

Korea Post plans to select multi-strategy fund of hedge fund managers

Korea Post’s insurance unit is preparing to pick global fund-of-hedge-fund managers using multi-strategy and will soon determine the amount of investm...

[RFP] Korea’s GEPS seeks $160 mn offshore private debt fund managers

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...