Dalmore, Equitix to resell $274 mn stake in UK rolling stock firm

Dalmore, Equitix to resell $274 mn stake in UK rolling stock firm

A consortium of Dalmore Capital and Equitix Investment Management will sell down a stake in Cross London Trains (XLT) to three South Korean brokerage ...

Dalmore, Equitix resell $394 mn stake in UK infra fund to Korean firms

Dalmore, Equitix resell $394 mn stake in UK infra fund to Korean firms

About 10 South Korean insurers, including Hanwha Life Insurance Co. Ltd., have invested 300 million pounds ($394 million) in one of the UK’s largest i...

Morgan Stanley tops 2018 Korea’s M&A advisory firm list

Morgan Stanley tops 2018 Korea’s M&A advisory firm list

Morgan Stanley led South Korea’s merger advisory services market in 2018, accounting for 8.6 trillion won ($7.7 billion) worth of takeover deals, ...

Korean firms snap up Poland office building for $162 mn

Korean firms snap up Poland office building for $162 mn

Two small South Korean financial services companies have acquired a landmark office building in central Warsaw for 183 billion won ($162 million) in t...

Korean firms in talks to buy Credit Suisse’s Canary Wharf office

Korean firms in talks to buy Credit Suisse’s Canary Wharf office

A consortium of South Korean financial institutions has been in exclusive talks to buy the Canary Wharf headquarters of Credit Suisse Group in a deal ...

NPS co-invests in Morgan Stanley fund’s US energy firm purchase

NPS co-invests in Morgan Stanley fund’s US energy firm purchase

The National Pension Service (NPS) has poured around $100 million into a co-investment led by a Morgan Stanley fund to acquire units of a US shale gas...

[RFP] Korea Post to allocate $200 mn to global buyout PE funds in 2018

Korea Post’s insurance unit plans to commit $200 million to around three blind-pool private equity funds for buyout strategy in 2018 to invest in the ...

Hyundai co-invests in $275 mn property near Paris with French firm

Hyundai co-invests in $275 mn property near Paris with French firm

Hyundai Investments Co. Ltd. has completed the €235 million ($275 million) acquisition of a seven-story office building in the Paris metropolitan area...

Korean asset firm backs Hyundai reform plan; NPS remains indecisive

Korean asset firm backs Hyundai reform plan; NPS remains indecisive

An independent South Korean investment firm has become the first institutional shareholder in Hyundai Mobis Co. Ltd. publicly supporting the Hyundai M...

Hyundai Motor hires Goldman, top law firm to fend off Elliott’s reform call

Hyundai Motor hires Goldman, top law firm to fend off Elliott’s reform call

Hyundai Motor Group has bolstered the roster of its advisors with the addition of Goldman Sachs and US law firm Latham & Watkins LLP to step up fi...

Korean fund, brokerage firm buy UK solar power plant portfolio for $36 mn

Korean fund, brokerage firm buy UK solar power plant portfolio for $36 mn

The Construction Workers Mutual Aid Association (CWMA) and Korea Investment & Securities Co. Ltd. have invested around 38 billion won ($36 million...

Korean building materials firm seals 4th US hotel purchase for $87 mn

Korean building materials firm seals 4th US hotel purchase for $87 mn

South Korea’s construction materials company, Aju Group, closed a $87 million acquisition of a hotel near Seattle from Marriott International Inc. las...

Brokerage firm Shinhan sources and lends $175 mn loan on Chicago building

Brokerage firm Shinhan sources and lends $175 mn  loan on Chicago building

Shinhan Investment Corp. has extended a $175 million loan on a prime office tower in Chicago, a rare case in which a South Korean brokerage house sour...

Blackstone, Carlyle, TPG raise over $100 mn from network-hungry Korean firms

Blackstone, Carlyle, TPG raise over $100 mn from network-hungry Korean firms

Three global private equity firms – Blackstone, Carlyle and TPG – have gathered an aggregate $113 million in commitments from South Korean institution...

KTB Asset’s real estate senior debt fund raises $106 mn from three Korean firms

KTB Asset’s real estate senior debt fund raises $106 mn from three Korean firms

KTB Asset Management Co. Ltd. has raised 120 billion won ($106 million) from three South Korean financial services firms for a blind-pool fund to inve...

Goldman taps retirement funds to resell $178 mn loan to Korea e-commerce firm

Goldman taps retirement funds to resell $178 mn loan to Korea e-commerce firm

Goldman Sachs’ Special Situations Group (SSG), which invests in and lends to distressed companies, is in talks with South Korean retirement savings fu...

Korean investors may own half of UK high-speed railway after UK firms’ resale

Korean investors may own half of UK high-speed railway after UK firms’ resale

After the National Pension Service (NPS) agreed to buy a 30% stake in Britain’s High Speed 1 (HS1) for around 400 billion won ($355 million) in July, ...

Ex-NPS global alternatives heads move to Korean law firms as advisors

Two former global alternative investment heads of South Korea’s National Pension Service (NPS) moved to the country’s top law firms to advise on alter...

Korean brokerage firms buy two UK logistics centers for $240 mn

Korean brokerage firms buy two UK logistics centers for $240 mn

Two South Korean brokerage firms – KB Securities Co. Ltd. and Kiwoom Securities Co. Ltd. – have teamed up to buy a logistics center for 167 billion wo...

Korean firms invest $52.5 mn in debt refinancing of US building

Korean firms invest $52.5 mn in debt refinancing of US building

Two South Korean financial institutions have invested $52.5 million in mezzanine debt backed by an office building in Manhattan, which was issued to r...

[ASK 2017 SUMMIT] KIC eyes Asia, small firms for undervalued assets

[ASK 2017 SUMMIT] KIC eyes Asia, small firms for undervalued assets

Korea Investment Corporation (KIC) is looking to diversify its portfolio into emerging markets, in particular Asia, and will chase smaller-sized firms...

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

Yellow Umbrella Mutual Aid Fund, South Korea’s savings fund for small-sized business owners, will likely allocate 300 billion won ($265 million)...

Korean firms to buy $88 mn US power plant-backed debts from US bank

Korean firms to buy $88 mn US power plant-backed debts from US bank

Four South Korean institutional investors will acquire 100 billion won ($88 million) worth of senior debts secured on two US gas-fired power plants fr...

Hyundai Investments seeks to raise up to €200 million for BC Partners’ buyout fund

Hyundai Investments Co. Ltd., wholly owned by Hyundai Marine & Fire Insurance Co. Ltd., is seeking to raise between €100 million ($107 million) an...

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

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...

HI Investment sets up leasing firm to buy Boeing aircraft jointly for $209 mn

HI Investment sets up leasing firm to buy Boeing aircraft jointly for $209 mn

HI Investment & Securities Co. Ltd., an affiliate of South Korean shipbuilder Hyundai Heavy Industries Co. Ltd., has established an offshore aircr...

Korean asset firms strive to fund property deals as institutions step back

Korean asset firms strive to fund property deals as institutions step back

South Korean investment firms, which have recently snapped up prime office buildings and warehouses in the US and Europe, are struggling to raise capi...

Five private debt firms win $120 mn mandates from Korean govt employee fund

The Public Officials Benefit Association (POBA), a South Korean savings fund for government employees, has wrapped up its selection of five overseas p...

Korean institutions partake in US fund’s buyout deal as financial investors: report

Korean institutions partake in US fund’s buyout deal as financial investors: report

NH Investment & Securities Co. Ltd. and a federation of credit cooperative in South Korea have extended about 50 billion won ($44 million) of loan...

Korea Post awards $436 mn real estate debt mandates to three US firms

Korea Post awards $436 mn real estate debt mandates to three US firms

The asset management units of the Teachers Insurance and Annuity Association of America (TIAA), Prudential Financial Inc., and New York Life Insurance...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP