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...

Japan, Australia may generate attractive property deals: Carlyle

Financial restructuring by Japanese companies and rising population density in Australia look set to create attractive investment opportunities for co...

[Survey] Transport remains top pick for Korean LPs’ 2020 infra investment

South Korean institutional investors will continue to increase their allocations to overseas infrastructure next year, and transport facilities such a...

Korea Investment acquires US student housing for $250 mn

Korea Investment & Securities Co. Ltd. has acquired five US student housing for $250 million, in the first direct investment by a South Korean fir...

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 funds shelve Japan alternative investment on sour relations

South Korean institutional investors, including the National Pension Service, have put on hold new alternative investments in Japan due to soured rela...

Korea Investment, Samsung SRA to buy Manhattan building for $500 mn

Korea Investment & Securities Co. Ltd. and Samsung SRA Asset Management Co. Ltd. have teamed up to buy an office tower in Manhattan from JPMorgan&...

[RFP] Korea Post plans $200 mn global housing investment

Korea Post’s savings arm plans to select two global real estate managers to invest $200 million, or 200 million euros, in the housing market in the US...

KTCU, SK Holdings to launch $1 bn fund for global co-investment

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint fund with South Korea’s SK Holdings Co. Ltd. to make cross-border investme...

Korean firms invest $96 mn in AT&T headquarters in Dallas

South Korean financial institutions, including Hana Financial Investment Co. Ltd. and KDB Life Insurance Co. Ltd., have invested $96.4 million in ...

Korean brokerages invest in Heathrow’s new runway project

Mirae Asset Daewoo Co. Ltd. and Korea Investment & Securities Co. Ltd. have provided a combined $434 million debt on the construction of Heathrow ...

KIC appoints ex-Korea Teachers’ investment chief as CIO

Korea Investment Corporation (KIC) has appointed as chief investment officer ex-CIO of the Teachers’ Pension Dae-yang Park, the sovereign wealth fund ...

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...

Korean VC firms invest $26 mn in India, Vietnam start-ups

South Korean venture capital firms have invested a combined $26 million in Internet-based start-up companies in India and Vietnam, betting on the rapi...

[Interview] Distressed investing to hedge PE/PD strategies: Canyon Partners

A distressed allocation can complement private equity and private debt strategies in the later stage of credit growth cycles as a record-high percenta...

Hanwha, NH Investment take $243 mn stake in Gatwick Airport

Hanwha Investment & Securities Co. Ltd. and NH Investment & Securities Co. Ltd. have acquired a combined 2.85% stake in London’s Gatwick Airpo...

Mirae Asset, NH Investment lend $182 mn on LA hotel, condos

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have provided $182 million loans on a luxury hotel and condominium development...

Mirae Asset, NH Investment join $134 mn Slovakia office deal

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have participated in a 120-million-euro ($134 million) acquisition of an Amazo...

Mirae Asset to earn over 25% IRR from German property investment

Mirae Asset Global Investments Co. Ltd. has agreed to sell an office building in Frankfurt for 400 million euro ($448 million) which will translate in...

KIC picks Teachers’ Pension CIO as new chief investment officer

Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...

Korean military fund invests in UK motorway service chain

The Military Mutual Aid Association (MMAA) has invested 40 billion won ($34 million) to buy a minority stake in Welcome Break, the UK’s second biggest...

Korea Investment to buy 99-yr ownership of Brussels building

Korea Investment Management Co. will acquire a 99-year ownership of an office building in Brussels for 146 million euros ($165 million) in its second ...

KTCU, Meritz Fire invest $100 mn in debt of US hotel-focused REIT

The Korean Teachers’ Credit Union (KTCU) and Meritz Fire & Marine Insurance Co. Ltd. have invested $100 million in a mezzanine loan secured by 92 ...

[Interview] GEPS to boost PE secondary investment: CIO

The Government Employees Pension Service (GEPS) will ramp up global private equity secondary investment and focus real estate investment on easy-to-tr...

NPS to double proportion of overseas fixed-income investment by 2024

The National Pension Service (NPS) will more than double the proportion of overseas fixed-income investment to around 10% by the end of 2024 by when g...

KTB Investment seals $326 mn acquisition of Vienna office building

KTB Investment & Securities Co. Ltd. has recently completed the acquisition of an office building in Vienna used as the Austrian headquarters of T...

NPS to take bolder approach to alternative investment

The National Pension Service (NPS) will speed up alternative investment decisions and expand the investment scope to include private debt and multi-as...

POBA to up co-investment with CalSTRS, Texas pension fund

The Public Officials Benefit Association (POBA) will double co-investment with the California State Teachers’ Retirement System (CalSTRS) to 880 billi...

[RFP] Korea Post plans to invest $300 mn in real estate mezzanine debts

Korea Post’s savings arm plans to invest around $300 million in mezzanine tranches on commercial properties in the US and other developed countries in...

Mirae Asset plans $500 mn bond issue; invests in HK office debt

Mirae Asset Daewoo Co. Ltd. plans to raise more than $500 million in a global bond issuance early next month to fund its global investments, after ann...