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 makes first investment in timberland via UK fund

The National Pension Service has committed $150 million to London-based Stafford Capital Partners in its first investment in timberland, land availa...

Korean banks fund alternative deals with $540 mn loans via KIC

South Korean banks have offered a combined $540 million in syndicated loans to fund overseas alternative investments, in which Korea Investment Corp...

Korean pension funds on over 1-month Kospi selling streak

The National Pension Service and other South Korean pension funds have offloaded a net 9.9 trillion won ($8.9 billion) worth of shares on the countr...

Long-term treasury yields surge on talk of new relief fund

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Hyundai, KDB launch fund to foster mobility startups

Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...

Korea’s top online flea market set to raise $180 mn in funding

Danggeun Market Inc., South Korea’s largest online flea market operator, is poised to raise up to 200 billion won ($180 million) in fresh fund...

SK, China’s Geely eye investment fund for hydrogen, eco-friendly business

South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...

NPS to invest in Silver Lake’s $20 bn tech fund

The National Pension Service has decided to invest in a $20 billion technology fund that Silicon Valley-based Silver Lake Partners recently closed, ...

SM Line eyes H2 IPO on Korean bourse, aims to expand US trade

South Korea’s SM Group, formerly known as Samla Midas Group, is pushing for an initial public offering of its merchant liner, SM Line Corp., o...

Meritz Alternative commits $150 mn to US multifamily fund

South Korea’s Meritz Alternative Investment Management Co. has committed $150 million to a new US multifamily residential fund managed by Fair...

KKR’s Asia real estate fund draws around $400 mn from Korea

South Korean institutional investors, including the National Pension Service, have committed around $400 million to KKR’s Asia real estate f...

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...

KKR’s $3.9 bn Asia infra fund raises $130 mn from Korea

The Korean Teachers’ Credit Union (KTCU) and financial services firms in South Korea have committed $130 million to KKR & Co.’s inau...

NPS commits $450 mn to Stonepeak, Macquarie infra funds

The National Pension Service has committed a total of $450 million to two North America-focused funds launched by Stonepeak Infrastructure Partners ...

Satellite launcher startup raises over $7 mn in Series A funding

South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of ...

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...

IMM PE closes its largest flagship fund at $1.8 bn

South Korea-based IMM Private Equity has raised 2 trillion won ($1.8 billion) for its largest flagship fund, RoseGold IV, at its final close, accord...

Hyundai, KTCU, Kamco launch $273 mn fund to aid auto parts makers

Hyundai Commercial Inc. and several local financial companies have set up a blind fund worth 300 billion won ($273 million) to provide liquidity to ...

Shinhan Alternative commits $245 mn to residential fund in Europe

Shinhan Alternative Investment Management Inc. has committed 200 million euros ($245 million) to a multifamily housing fund in Europe managed by Pat...

US hedge fund Whitebox Advisors opposes LG’s planned spin-off

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...

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 ...

NPS, Korea Post back JKL Partners' $687 mn PE fund

South Korea's JKL Partners has closed a 750 billion won ($687 million) private equity fund, backed by the National Pension Service, Korea Developmen...

Korean Teachers’ Credit poised for best return since 2010

The Korean Teachers’ Credit Union (KTCU) is on course to post its strongest investment return in a decade of around 9%, driven by double-digit...

KB Investment, RM Global to form $100 mn bio VC fund

KB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in early stage startups in ...

KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms

South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...

NPS-Allianz $2.3 bn fund seeks to buy stake in Singapore tower

The National Pension Service and Germany’s Allianz SE are in negotiations  to jointly buy a 50% stake in OUE Bayfront, a Grade A office t...

Korea Post seeks two direct lending funds for $200 mn mandates

Korea Post’s savings arm plans to select two global direct lending funds focusing on North America and Europe and commit $100 million to each ...

Korea’s KIP eyes Europe, China VC fund launches in 2021

Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investment funds next year &...

Shinhan, Hana fund KKR’s $5.6 bn UK deal with $63 mn in loans

Two leading South Korean banks – Shinhan and Hana – have provided a combined 47 million pounds ($63 million) in senior loans to finance ...