Korean banks flex muscles for alternative assets; Kookmin, Shinhan may invest in KKR’s fund

South Korea’s Kookmin Bank and Shinhan Bank are consdering investing 30 billion won ($26 million) each to a private equity buyout fund which KKR &...

[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...

Korean firms to buy stake in UK gas business for $356 mn in secondary investment

Hanwha Life Insurance Co Ltd., Hyundai Marine & Fire Insurance Co. Ltd. and other South Korean institutional investors will jointly acquire a 4.7%...

[Interview] Hanwha Life targets senior secured debt; sees $1 bn net growth in 2017 alternative asset

Hanwha Life Insurance Co. Ltd., which manages 100 trillion won ($87 billion) of assets, will chase senior secured debts of commercial buildings in dev...

NPS’ global alternative head, global public market head offer to resign

Two key fund managers of South Korea’s National Pension Service (NPS) have offered to step down earlier this month, joining in 25 other employees ...

[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., ...

[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 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...

Korea to ease rules on insurers’ currency hedging of offshore investment

South Korea will loosen regulations in relation to the currency hedging of insurance companies’ cross-border investments, which have been blamed to in...

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...

Korea Teachers’ Pension to invest $75 mn in buying Australia’s office building

South Korea’s Teachers’ Pension will acquire an office building in Brisbane, Australia which the Brisbane city government has signed a con...

Blackstone in $1 bn mezzanine debt fundraising; Korean govt officials’ fund to invest $50 mn   

Blackstone Group has attracted New York State Teachers’ Retirement System (NYSTRS), US insurer MIRAS and a South Korean government employees’ fund to ...

Korea Investment-led firms to buy EU parliament building for $224 mn

A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. are tapping domestic institutional investors to acquire ...

NPS promotes domestic alternative head to lead investment strategy

South Korea’s National Pension Service (NPS) appointed Soo-Cheol Lee, who leads domestic alternative investments, as the new head of the pension fund’...

Korean insurers invest $100 mn in Google-leased Silicon Valley building

South Korean insurance firms have invested about 120 billion won ($100 million) in senior loans secured by an office tower in Silicon Valley leased to...

Korea military fund mulls investing in PDF, NPL fund in 2017: report

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion savings fund, is studying investing in offshore private debt funds (PDFs) and non...

Korea teachers’ fund to invest $52 mn in Europe bank loans-buying fund

Korean Teachers’ Credit Union (KTCU) has decided to commit €50 million ($52.4 million) to a $1.5 billion~$2 billion fund which will take over senior s...

NPS fund division's 2nd in command offers to quit; tapped as NH Investment’s PE head

The National Pension Service’s (NPS) investment strategy head, Young-Sig Yang, has recently tendered a resignation and was appointed as the private eq...

KTB, Korea Investment launch $85 mn aircraft fund to buy Airbus A330

Two South Korean brokerage companies - KTB Investment & Securities Co. Ltd. and Korea Investment & Securities Co. Ltd. – set up a $85 million ...

Korean funds, NH insurers to invest $215 mn in mezzanine debt of Google NY building

Two South Korean savings funds are set to invest 100 billion won ($85 million) in junior mezzanine debt secured by a Manhattan office building leased ...

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...

Korean asset firm raises $79 mn to invest in Blackstone-owned Las Vegas hotel

A small-sized South Korean asset management firm, Hyundai Investments Co. Ltd., has raised a real estate fund to invest 93 billion won ($79 million) i...

Korean funds to invest $295 mn in Asian warehouse developer e-Shang: report

South Korean institutional investors will buy about 350 billion won ($295 million) worth of senior loans secured by distribution centers of Warburg Pi...

GIC, NPS invest $136 mn each in Korea’s retail complex near Seoul

The Government of Singapore Investment Corporation (GIC) and the National Pension Service (NPS) have bought equity stakes in a fund launched to buy a ...

NPS sees alternative divisions regrouped by asset class, creating deputy CIO roles

The National Pension Service (NPS) is seeking to reclassify its alternative investment divisions, currently divided into domestic and global assets, i...

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...

Korea scientists fund to put €25 mn into Europe infrastructure-investing FoF

A South Korean asset management firm is raising a €100 million ($110 million) fund to invest in the Pan-European Infrastructure Fund (PEIF) II of a De...

Korea insurer buys shares in Lending Club, sees P2P loans as new alternative

South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...

Korean VC firms invest in UK drug developer, first after Brexit

Celleron Therapeutics Ltd., a cancer treatment developer founded by Oxford University professors, is poised to attract $26 million from South Korean a...