equity traded funds
Scope
Date
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Private equity
IMM Investment eyes $900 mn infrastructure fund launch
IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new infrastructure fund...
Jun 11, 2021 (Gmt+09:00)
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IPOs
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...
Jun 11, 2021 (Gmt+09:00)
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Venture capital
NPS joins in TPG-led $125 mn funding for Kakao Mobility
The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...
Jun 10, 2021 (Gmt+09:00)
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Venture capital
Korea FoF manager widens offshore VC pool into UAE, Vietnam
The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...
Jun 08, 2021 (Gmt+09:00)
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Artificial intelligence
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...
Jun 04, 2021 (Gmt+09:00)
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Artificial intelligence
Madison Capital Funding raises $460 mn from Korea
A private debt fund managed by Madison Capital Funding, a US middle-market lender, has received a combined $460 million in commitments from seven So...
Jun 03, 2021 (Gmt+09:00)
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Pre-IPO funding
Market Kurly raises another $200 mn at a $2 bn valuation
The valuation of Kurly Inc. has now surpassed 2 trillion won ($1.8 billion). The operator of South Korea’s online grocery and gourmet fo...
Jun 01, 2021 (Gmt+09:00)
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Korean LPs commit over $200 mn to UK real estate fund
A UK-focused real estate debt fund, managed by New York-based BentallGreenOak, has received a combined £170 million ($241 million) in commitme...
May 31, 2021 (Gmt+09:00)
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Venture capital
Vision Fund loss slashes Masayoshi Son’s 2020 salary by 52%
SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulatory filing on May 28.T...
May 28, 2021 (Gmt+09:00)
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Artificial intelligence
Samsung, Bayer join $90 mn investment in AI healthcare app Ada Health
Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artificial intelligence (...
May 28, 2021 (Gmt+09:00)
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Artificial intelligence
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...
May 28, 2021 (Gmt+09:00)
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Entertainment
HYBE’s $400 mn rights offering for Ithaca merger to open June 1-2
HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...
May 26, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Singapore sovereign fund GIC to buy 30% of Starbucks Korea for $710 mn
Singapore’s sovereign growth fund GIC Private Ltd. plans to acquire a 30% stake in Starbucks Korea for about 800 billion won ($710 million) fr...
May 24, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience secures up to $173.4 mn from CEPI for vaccine development
SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...
May 24, 2021 (Gmt+09:00)
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Buyout funds
KKR's flagship fund attracts $400 mn from NPS, Korea Post
KKR & Co. has attracted a combined $400 million from the National Pension Service and Korea Post for its latest flagship fund that raised $18.5 ...
May 21, 2021 (Gmt+09:00)
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Korean startups
Fintech platform Toss seeks $180 mn in fresh funding
South Korean fintech startup Toss is seeking to raise 200 billion won ($177 million) in fresh funding, which would almost treble its valuation to 8 ...
May 21, 2021 (Gmt+09:00)
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Earnings
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...
May 21, 2021 (Gmt+09:00)
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Webtoons
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....
May 20, 2021 (Gmt+09:00)
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Korean Investors
Military Mutual picks ex-Lotte Non-Life CIO as investment chief
The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...
May 17, 2021 (Gmt+09:00)
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ASK 2021
Korean pension funds eye non-core global real estate
South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...
May 14, 2021 (Gmt+09:00)
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Asset management
Woori Financial takes over Franklin Templeton’s retail fund business
Woori Financial Group has been selected to acquire Franklin Templeton Investments’ retail fund business in South Korea, less than a month sinc...
May 14, 2021 (Gmt+09:00)
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ESG investment
LG Chem to invest $134 mn in incubator fund for firms with ESG tech
LG Chem Ltd., South Korea’s leading chemical and battery maker, said on Tuesday it is investing 150 billion won ($134 million) in an incubator...
May 11, 2021 (Gmt+09:00)
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Private equity
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 ...
May 07, 2021 (Gmt+09:00)
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Korean startups
Food tech startup Sir.LOIN seeks Series B funding; valuation to top $40mn
South Korea-based food tech company Sir.LOIN Inc. is seeking Series B funding in the range of 10 billion won as industry watchers project the startu...
May 06, 2021 (Gmt+09:00)
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Chief Investment Officers
Ex-police fund CIO picked to lead Yellow Umbrella Mutual
Lee Do-yoon, a former chief investment officer of South Korea's Police Mutual Aid Association (PMAA), has been named as CIO of the Yellow Umbrella M...
May 04, 2021 (Gmt+09:00)
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IPOs
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...
May 03, 2021 (Gmt+09:00)
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Venture capital
LG Electronics, Mirae Asset to launch $90 mn fund to invest in startups
South Korea’s LG Electronics Inc. and Mirae Asset Group have agreed to launch a 100 billion won ($90 million) joint venture-capital fund to he...
Apr 30, 2021 (Gmt+09:00)
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Private equity
Mirae Asset to launch $900 mn US logistics fund
Mirae Asset Global Investments Co. is set to launch a 1 trillion won ($900 million) blind pool fund to invest in US logistics facilities, into which...
Apr 29, 2021 (Gmt+09:00)
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Korean startups
Startup funding: Metaverse platform Anipen; autonomous vehicle simulator Morai
South Korea-based metaverse platform Anipen has raised 8.5 billion won ($7.6 million) from VC firms, including Partners Investment and Union Investm...
Apr 27, 2021 (Gmt+09:00)
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Asset management
Templeton to pull out of Korean retail fund market
Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...
Apr 27, 2021 (Gmt+09:00)