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

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...

[RFP] POBA to commit $250 mn to US, Asia-focused private debt funds

The Public Officials Benefit Association (POBA) plans to commit $250 million to five private debt funds focusing on mid-cap companies in North America...

Korean fund to lend $423 mn for Canada’s supertall construction

Korean fund to lend $423 mn for Canada’s supertall construction

IGIS Asset Management Co. Ltd. has collected C$560 million ($423 million) from South Korean financial institutions to lend for The One building, a mix...

Samsung Sec to cooperate with Canada pension fund for infrastructure deals

Samsung Sec to cooperate with Canada pension fund for infrastructure deals

Samsung Securities Co. Ltd. has signed a preliminary agreement with Canadian pension scheme La Caisse de dépôt et placement du Québec (CDPQ) to cooper...

KEPCO unit-German fund buys Sweden’s wind project for $300 mn

KEPCO unit-German fund buys Sweden’s wind project for $300 mn

Korea Midland Power Co. Ltd., a unit of South Korea’s utility giant KEPCO, has acquired a wind power project in Sweden in a consortium with a German p...

Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office

Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office

Kiwoom Asset Management Co. Ltd. plans to raise 50.7 million euros ($56.2 million) from individual investors in South Korea in August to buy an of...

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...

Carlyle’s new credit fund draws $200 mn from Korea

Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...

Hana Fin, CIC to set up $1 bn Korea-China cooperation fund

Hana Fin, CIC to set up $1 bn Korea-China cooperation fund

Hana Financial Group will set up a joint fund with China Investment Corp. (CIC) to invest in companies seeking to penetrate each other’s markets, with...

Korea’s 1st logistics public fund unveiled for Amazon’s Europe facilities

Korea’s 1st logistics public fund unveiled for Amazon’s Europe facilities

IGIS Asset Management Co. Ltd. has launched South Korea’s first public fund investing in logistics centers, targeting to raise up to 245 billion won (...

Credit Suisse-led fund buys Korean logistics centers for $104 mn

Credit Suisse-led fund buys Korean logistics centers for $104 mn

A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...

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...

Public fund of $118 mn launched for Luxemburg building

Public fund of $118 mn launched for Luxemburg building

Korea Investment Management Co. plans to raise 104 million euros ($118 million) from individual investors in June to fund its 275-million-euro purchas...

Korean PEF provides $100 mn funding for KKR’s US buyout

Korean PEF provides $100 mn funding for KKR’s US buyout

South Korea’s new private equity firm Tiger Alternative Investors has provided $100 million in debt funding for KKR’s $1.32 billion acquisition of Ken...

Korean military fund invests in UK motorway service chain

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...

[ASK 2019 SUMMIT Panel Talks] Korean LPs call for more hedge fund communications

Korea Post and Kyobo Life Insurance Co. Ltd., the third-largest life insurer in South Korea, remain cautious about increasing exposure to hedge funds,...

[ASK 2019 SUMMIT] NPS to allocate $2 bn to single hedge funds in 2019

[ASK 2019 SUMMIT] NPS to allocate $2 bn to single hedge funds in 2019

The National Pension Service (NPS) will allocate $2 billion to single-manager hedge funds this year in its first direct investment in hedge funds, whi...

Korean LPs to lend $672 mn to Goldman Sachs’ credit fund

Korean LPs to lend $672 mn to Goldman Sachs’ credit fund

Mirae Asset Daewoo Co. Ltd. and seven institutional investors in South Korea will provide a senior loan of 600 million euros ($672 million) to Goldman...

Daishin Asset unveils $68 mn public fund for Tokyo office purchase

Daishin Asset unveils $68 mn public fund for Tokyo office purchase

Daishin Asset Management Co. Ltd. has launched a public fund to raise up to 80 billion won ($68 million) to fund its $180 million purchase of a Tokyo ...

Korea scientists fund appoints new CIO for two-year term

Korea scientists fund appoints new CIO for two-year term

The Korea Scientists and Engineers Mutual-aid Association (SEMA) has appointed Sungmoo Huh, a former alternative investment and strategy head of Seoul...

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...

Anbang’s Korean arm to commit $44 mn to US real estate debt fund: report

Anbang’s Korean arm to commit $44 mn to US real estate debt fund: report

ABL Life Insurance Co. Ltd., a South Korean arm of China’s Anbang Insurnce Group, has decided to commit 50 billion won ($44 million) to Madison Realty...

POBA earmarks $175 mn for Japan housing; picks Europe debt funds

POBA earmarks $175 mn for Japan housing; picks Europe debt funds

The Public Officials Benefit Association (POBA) has allocated 200 billion won ($175 million) for initial investments in Japan’s multifamily residentia...

[RFP] Korea Post plans to invest $200 mn in PE secondary funds

Korea Post’s savings arm will select two global private equity funds to invest around $200 million in private equity secondary markets, according to i...

Corsair Infrastructure funds raise $231 mn from South Korea

Corsair Infrastructure funds raise $231 mn from South Korea

Corsair Infrastructure Partners (CIP) has raised a total of 263 billion won ($231 million) from South Korean institutional investors in new funds laun...

Kookmin Bank commits $20 mn to two aircraft junior debt funds

Kookmin Bank commits $20 mn to two aircraft junior debt funds

Kookmin Bank, South Korea’s biggest lender, has committed $20 million to two aviation funds to provide junior and mezzanine loans for Airbus and Boein...

Hyundai Asset seeks retail funding for $76 mn Scotland property deal

Hyundai Asset seeks retail funding for $76 mn Scotland property deal

Hyundai Asset Management Co. Ltd. has rolled out its first public real estate fund to close the 58.2-million-pound ($76 million) acquisition of a Scot...

[RFP] Korea Post plans to commit $200 mn to two distressed debt funds

Korea Post plans to allocate $200 million to two distressed commingled funds for target returns of 8% or above, according to its request for proposal ...

Korea Investment launches $50 mn retail fund for Milan office purchase

Korea Investment launches $50 mn retail fund for Milan office purchase

Korea Investment & Securities Co. Ltd. is seeking to raise 55 billion won ($49 million) from individual investors to fund its 124 billion won ($11...

[RFP] Korea Post Savings seeks infra fund houses for $200 mn mandates

Korea Post’s savings unit plans to select two blind-pool infrastructure funds with focus on developed countries to invest up to $200 million, accordin...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race