Construction workers’ fund names ex-Hanwha General investment head as CIO

Construction workers’ fund names ex-Hanwha General investment head as CIO

The Construction Workers Mutual Aid Association (CWMA) has appointed Wihwan Lee, a former investment head of Hanwha General Insurance CO. Ltd., as chi...

Meritz Securites funds KKR’s German media group acquisition

Meritz Securites funds KKR’s German media group acquisition

Meritz Securities Co. Ltd. has provided 200 million euros ($218 million) in a senior loan to fund KKR & Co.’s $3.4 billion purchase in 2019 ...

KKR secures $1.2 bn exits in Korea for two Asia funds

KKR secures $1.2 bn exits in Korea for two Asia funds

KKR & Co. has sold a modern logistics facility it had developed in a South Korean port in a transaction estimated to be worth more than 200 billio...

NH, Shinhan fund Helsinki office complex purchase with $210 mn equity

NH, Shinhan fund Helsinki office complex purchase with $210 mn equity

NH Investment & Securities Co. Ltd. and Shinhan Investment Corp. have underwritten about 250 billion won ($210 million) in equity to fund the 480 ...

Korean biotech fund reaps triple-digit return on two Nasdaq-listed firms

Korean biotech fund reaps triple-digit return on two Nasdaq-listed firms

South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...

Three Korean pension fund CEOs quit to run in general election

Three Korean pension fund CEOs quit to run in general election

About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...

Shinhan Financial to raise $200 mn for KKR’s tailor-made funds

Shinhan Financial to raise $200 mn for KKR’s tailor-made funds

Shinhan Financial Group will raise $200 million for two KKR funds of funds (FoFs) tailor-made for the South Korean banking group, under a strategic pa...

Shinhan raises $330 mn for Carlyle’s bespoke revolving loan fund

Shinhan raises $330 mn for Carlyle’s bespoke revolving loan fund

Shinhan Alternative Investment Management Inc. (SAIM) has raised $330 million for the Carlyle Group’s newly launched revolving loan fund (CREV) ...

POBA to commit $111 mn to AXA’s $1.6 bn Europe logistics fund

POBA to commit $111 mn to AXA’s $1.6 bn Europe logistics fund

The Public Officials Benefit Association (POBA) will commit around 130 billion won ($111 million) to AXA Investment’s 1.4 billion euro ($1.6 bil...

NPS sets up $860 mn Vietnam investment fund with SK Group

NPS sets up $860 mn Vietnam investment fund with SK Group

The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...

Yellow Umbrella Mutual commits $540 mn to overseas debt funds

Yellow Umbrella Mutual commits $540 mn to overseas debt funds

Yellow Umbrella Mutual Aid Fund, a savings arm for South Korea’s small-sized business owners, has committed $540 million to overseas debt funds ...

KFCC to allocate $6 bn to alternative investment blind funds for next 3 yrs

KFCC to allocate $6 bn to alternative investment blind funds for next 3 yrs

MG Korean Federation of Community Credit Cooperatives (KFCC) will allocate a total of 7 trillion won ($6 billion) to alternative investment blind-pool...

SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

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...

[RFP] Construction workers’ fund to commit $25 mn to global infra debt fund

The Construction Workers Mutual Aid Association (CWMA) plans to commit $25 million to a global infrastructure blind-pool fund investing in senior or m...

AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea

AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea

Twenty-four South Korean institutional investors, including the National Pension Service, the Korean Teachers’ Credit Union and the Public Offic...

Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant

Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant

Mirae Asset Global Investments Co. Ltd. will provide $425 million in equity and debt financing for the acquisition of a desalination plant in San Dieg...

Korean funds shelve Japan alternative investment on sour relations

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...

Korean brokerage firms lend $208 mn on Australia coal terminal

Three South Korean brokerage firms, including Samsung Securities Co. Ltd., underwrote around 250 billion won ($208 million) of a subordinated debt on ...

POBA to form $750 mn joint property fund with Danish pension fund

POBA to form $750 mn joint property fund with Danish pension fund

The Public Officials Benefit Association (POBA) will launch a joint fund worth about 900 billion won ($753 million) with a Danish pension fund to inve...

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...

German VC firm collects $6 mn directly from Korean individuals

German VC firm collects $6 mn directly from Korean individuals

A number of wealthy South Koreans have committed 5.5 million euros ($6.1 million) to Germany’s Earlybird Venture Capital, in the first direct investme...

Hana Fin, Lotte Non-life lend $85 mn for US midstream project

Hana Fin, Lotte Non-life lend $85 mn for US midstream project

Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...

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...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale