Blackstone-invested handbag maker Simone applies for IPO review

South Korea’s luxury handbag maker Simone Acc. Collection Ltd., 30% owned by US private equity firm Blackstone, has kicked off a process to li...

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...

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

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

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...

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

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

NPS under fire over rule change to raise domestic stock purchase limit

South Korea’s National Pension Service (NPS) came under fire over its expected rule change aimed at raising the upper limit for domestic stock...

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

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

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...

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...

S.Korea to back $18 bn domestic VC fund plan by 2025

The South Korean government will inject 1 trillion won ($924 million) into homegrown venture capital funds this year, with a plan to launch three VC...

Korean beauty chain draws Goldman, five domestic final bidders

Goldman Sachs Principal Investment Area (PIA) and five South Korean companies, including four private equity firms, have made final bids for a min...

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 ...

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

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...

Largest domestic carrier Korean Air posts Q3 surplus; peers swing negative

South Korea’s flag carrier Korean Air Lines Co. has posted an operating profit for two straight quarters thanks to robust cargo operations keepi...

[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...

[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 ...

Korean teachers’ fund keen on equities, M&A deals

The Korean Teachers’ Credit Union (KTCU), a $29 billion savings fund, will increase its exposure to equities markets and M&A financing deals...

Korean pensions sell off net $2.6 bn in domestic equities since August

South Korea’s pension funds including the National Pension Service sold off a net 3.12 trillion won ($2.6 billion) worth of domestic equities fr...

Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial

Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...

Korean Air seals $835 mn in-flight business sale to private equity firm

Korean Air Lines Co. Ltd. signed a definitive agreement on August 25 to sell its in-flight duty-free and meal service business to South Korea’s ...

Ardian looking to expand Asia private equity investment

Paris-based Ardian is looking to increase private equity investments in Asia, setting its sight on technology, media, online service and healthcare se...

KIC forms $400 mn joint venture with NongHyup for private equity co-investment

Korea Investment Corporation (KIC) has announced a $400 million joint venture with NongHyup, or the National Agricultural Cooperative Federation, to...

One Equity Partners fully exits from Celltrion with $1.8 bn in proceeds

One Equity Partners (OEP), a New York based private equity firm, unloaded its remaining shares in Celltrion Healthcare valued at approximately 31...

KIC promotes private equity head to lead alternative investment

Korea Investment Corporation (KIC) has appointed private equity head James Jongho Kim as alternative investment group head and deputy chief investment...