Shinhan REITs poised to buy Amazon logistics center

Shinhan REITs poised to buy Amazon logistics center

South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...

NPS, KIC commit $600 mn to N.America logistics fund

NPS, KIC commit $600 mn to N.America logistics fund

The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...

Korean firms emerge triumphant from pandemic with record Q1 profits

Korean firms emerge triumphant from pandemic with record Q1 profits

South Korean companies have posted their best-ever quarterly sales and operating profits, emerging from a year-long slump caused by the global COVID...

Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn

Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn

Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....

Korea Post commits €80 mn to Sweden's EQT Partners

Korea Post commits €80 mn to Sweden's EQT Partners

Korea Post's insurance arm has committed €80 million ($97 million) to a new flagship fund of Swedish private equity firm EQT Partners that rais...

CVC names ex-Affinity Equity top manager as Korea head

CVC names ex-Affinity Equity top manager as Korea head

CVC Capital Partners has appointed Chris Rhee, a former partner of Affinity Equity Partners, as its Seoul office head and global partner, according ...

Anchor Equity eyes IPO of coffee chain A Twosome Place

Anchor Equity eyes IPO of coffee chain A Twosome Place

A Twosome Place is poised to be South Korea's first listed coffee chain as its owner Anchor Equity Partners has kicked off the process of its initia...

Korea’s Busan port congestion worsening with boxes stacked, ships delayed

Korea’s Busan port congestion worsening with boxes stacked, ships delayed

At the Hyundai Pusan New Port Terminal (HPNT), one of the largest terminals in South Korea’s southeastern port city of Busan, 12 quay cranes a...

IMM Private Equity to acquire 40% stake in SK Lubricants for $900 million

IMM Private Equity to acquire 40% stake in SK Lubricants for $900 million

Seoul-based IMM Private Equity will acquire a 40% stake in South Korea’s SK Lubricants Co., wholly owned by SK Innovation Co., for about one t...

NPS bows to pressure to up domestic equity ceiling

NPS  bows to pressure to up domestic equity ceiling

The National Pension Service has bowed to pressure from retail investors to raise the upper limit for domestic stock purchases, after it was blamed ...

Kakao Japan seeks $446 million from Anchor Equity

Kakao Japan seeks $446 million from Anchor Equity

Kakao Corp.’s Japanese unit, which operates Japan’s largest webtoon platform Piccoma, is in talks to attract as much as 500 billion won ...

GS Galtex to partner with Kakao for mobility services

GS Galtex to partner with Kakao for mobility services

South Korea's GS Caltex Corp., aiming to become a logistics platform, will invest around 30 billion won ($26 million) in Kakao Mobility Corp. to str...

NPS makes strategic investment in BC Partners with Blackstone

NPS makes strategic investment in BC Partners with Blackstone

The National Pension Service has made an investment in BC Partners by acquiring a stake in the UK private equity firm through a Blackstone fund, acc...

Affinity Equity set to acquire Korea’s top recruitment portal JobKorea

Affinity Equity set to acquire Korea’s top recruitment portal JobKorea

Affinity Equity Partners, a global private equity firm, is set to acquire the entire stake of South Korea’s top recruitment portal JobKorea &n...

KIC names new private equity, absolute return heads

KIC names new private equity, absolute return heads

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

SK Group to sell stake in petrochemical arm; seeks global partnership

SK Group to sell stake in petrochemical arm; seeks global partnership

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

CVC, TPG, MBK, Affinity Equity in final bidding for JobKorea

CVC, TPG, MBK, Affinity Equity in final bidding for JobKorea

Local and foreign private equity firms are among the final bidders for the entire stake of South Korea’s top recruitment portal JobKorea &ndas...

Australia’s SEEK looking for financial partner to bid for JobKorea

Australia’s SEEK looking for financial partner to bid for JobKorea

SEEK, Australia’s largest job site, has been in discussions with private equity firms to put in a binding bid in a consortium for South Korea&...

Hyundai-partnered world-first urban airport project gets UK govt backing

Hyundai-partnered world-first urban airport project gets UK govt backing

A British urban air mobility project, in which South Korea’s Hyundai Motor Co. is a technology partner, has been chosen as the winner of the U...

NPS divides global securities division into equity, fixed income

NPS divides global securities division into equity, fixed income

The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...

CEO of MBK Partners-owned Korean retailer to resign

CEO of MBK Partners-owned Korean retailer to resign

Lim Il-soon, chief executive of South Korean retailer HomePlus, is stepping down after leading the MBK Partners-owned discount store chain for about...

SK Innovation partners with EVE to launch third battery plant in China

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

CVC, TPG and Affinity Equity in bidding for JobKorea

CVC, TPG and Affinity Equity in bidding for JobKorea

CVC Capital Partners, TPG Capital and Affinity Equity Partners are among 10 preliminary bidders for the entire stake of South Korea’s largest ...

NPS, Korea Post back JKL Partners' $687 mn PE fund

NPS, Korea Post back JKL Partners' $687 mn PE fund

South Korea's JKL Partners has closed a 750 billion won ($687 million) private equity fund, backed by the National Pension Service, Korea Developmen...

IMM Private Equity to set up operation-focused unit

IMM Private Equity to set up operation-focused unit

This is the first in our bi-weekly Deal briefs series, covering the latest M&A deals and key events in South Korea’s capital markets. We w...

Anchor Equity, TPG invest $500 mn in Korean mobile banking app

Anchor Equity, TPG invest $500 mn in Korean mobile banking app

Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...

[ASK2020] Trends in European Private Debt and Private Equity Post Covid19

[ASK2020] Trends in European Private Debt and Private Equity Post Covid19

Tikehau Capital is an asset management and investment group with €25.7 billion of assets under management and shareholder equity of €2...

Naver, CJ ink $531 mn deal on entertainment content, logistics

Naver, CJ ink $531 mn deal on entertainment content, logistics

South Korea’s largest internet portal Naver Corp. and logistics and entertainment conglomerate CJ Group have signed a 600 billion won ($531 mill...

LG Display and Disney partner to offer new viewing experiences

LG Display and Disney partner to offer new viewing experiences

South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...

[Q&A] KTCU sees handsome returns from equities, M&A funding

[Q&A] KTCU sees handsome returns from equities, M&A funding

The following is the full transcript of The Korea Economic Daily's interview with Korean Teachers’ Credit Union’s (KTCU) Chief Investment ...

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