NPS boosts private debt and venture capital investment in Q1

The National Pension Service (NPS) has beefed up investments in private debt and venture capital funds by adding Antares Capital Advisers and Insight ...

NPS logs negative Q1 investment return on stock market plunge

The National Pension Service (NPS) reported a negative 6.08% return on investment in the first three months of this year, weighed down by double-digit...

IMM enters China’s infrastructure market with $40 mn investment

IMM Investment Corp. has acquired a minority stake in China’s private water supplier for $40 million, in the first investment by a South Korean ...

NPS raises virus-induced threat level to grave; runs emergency team

The National Pension Service (NPS) takes the current financial market volatility caused by the COVID-19 outbreak as a grave threat and is operating it...

Mirae Asset to sell up to $600 mn global debt for investment

Mirae Asset Daewoo Co. Ltd. plans to issue a global bond worth $500 million to $600 million as early as April for the third year of offshore debt sale...

Stronghold Technology's smart roaster stirs up coffee market   

It's part of our morning routine, an afternoon pick-me-up and a good complement to an evening get-together with friends. We're talking about coffee. I...

[Dealmaker] Credit Suisse leads Korea's M&A advisory market

Credit Suisse arranged five buyout deals worth 5.2 trillion won ($4.4 billion) for SK Group’s units in 2019, which represented half of its M&...

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 ...

[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...

Tiger Alternative to offer $167 mn debt financing to US PEF

South Korean private equity firm Tiger Alternative Investors Co. Ltd. will offer a 150 million euro ($167 million) senior loan to Advent International...

Brookfield completes $1.9 bn debt refinancing on IFC Seoul

Brookfield Asset Management Inc. has borrowed an additional 475 billion won ($402 million) on International Finance Center in Seoul (IFC Seoul) in a 2...

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...

Hanwha Group units underwrite $240 mn debt on US car park operator

Hanwha Investment & Securities Co. Ltd. and two other financial arms of South Korea’s Hanwha Group have underwritten $240 million of a 30-year deb...

[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...

US gas stations deal secures $130 mn debt from Korea: report

Korea Investment & Securities Co. Ltd. committed $130 million to a subordinated debt on a portfolio of 190 gas stations in the US Midwest last wee...

Brookfield seeks refinance of $1.5 bn debt on IFC Seoul

Brookfield Asset Management Inc. is seeking to refinance 1.8 trillion won ($1.5 billion) of debts it borrowed on the International Finance Center in S...

KTCU, Meritz Fire invest $100 mn in debt of US hotel-focused REIT

The Korean Teachers’ Credit Union (KTCU) and Meritz Fire & Marine Insurance Co. Ltd. have invested $100 million in a mezzanine loan secured by 92 ...

Korean firms underwrite $298 mn debt on new US gas plant

Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...

[RFP] Korea Post plans to invest $300 mn in real estate mezzanine debts

Korea Post’s savings arm plans to invest around $300 million in mezzanine tranches on commercial properties in the US and other developed countries in...

Mirae Asset plans $500 mn bond issue; invests in HK office debt

Mirae Asset Daewoo Co. Ltd. plans to raise more than $500 million in a global bond issuance early next month to fund its global investments, after ann...

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...

[RFP] Korea Post seeks direct lending debt managers for $200 mn mandate

Korea Post’s insurance unit plans to select two global private debt managers to invest $200 million in direct loans, it announced on April 15. Qualif...

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...

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...

[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 ...

Mirae Asset to underwrite $300 mn debt on US shale oil project

Mirae Asset Daewoo Co. Ltd., the brokerage arm of a leading South Korean asset manager, will underwrite a $300 million debt on a US shale oil pipeline...

Hyundai Investments commits $250 mn to US real estate debt fund

Hyundai Investments Co. Ltd. has committed $250 million to a real estate debt fund of a joint venture between Related Cos, a US real estate developer ...

Korea Investment to commit $18 mn from short-term debt to Blackstone

Korea Investment & Securities Co. Ltd., one of aggressive cross-border institutional investors in South Korea, will commit 20 billion won ($18 mil...

Korean banks lend club loan for $115 mn aircraft debt finance

Three big South Korean lenders have lent a $85 million club loan to ALAFCO, a Kuwait-based aircraft leasing company, which recently raised $115 millio...

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital Partners, the credit investment arm of the Blackstone Group, has raised 450 million euros ($511 million) in a Europe mid-market collateral...