HAAH Automotive proposes $258 mn investment in Ssangyong Motor

HAAH Automotive proposes $258 mn investment in Ssangyong Motor

HAAH Automotive Holdings Inc., a US automobile distributor, has offered to invest 300 billion won ($258 million) in Ssangyong Motor Co. as part of its...

Hana Financial named preferred buyer of $700 mn Seattle office tower: report

Hana Financial named preferred buyer of $700 mn Seattle office tower: report

A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...

Korean Air seeks to sell 73-story skyscraper amid financial woes

Korean Air seeks to sell 73-story skyscraper amid financial woes

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...

KKR’s strategic relationship with Shinhan Financial fizzles

KKR’s strategic relationship with Shinhan Financial fizzles

Back in 2018, KKR & Co. tentatively agreed to buy a minority stake in South Korea’s Shinhan Financial Group to build a strategic relationshi...

Teachers' savings fund to invest $85 mn in Amazon logistics center in US

Teachers' savings fund to invest $85 mn in Amazon logistics center in US

The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

Singapore's ride-sharing giant Grab raises $200 mn from STIC Investments

Singapore's ride-sharing giant Grab raises $200 mn from STIC Investments

Grab Holdings Inc., a Singapore-based technology company, has raised $200 million from South Korean private equity firm STIC Investments Inc., the fir...

KOTAM to raise $800 million for global infrastructure credit investment

KOTAM to raise $800 million for global infrastructure credit investment

Korea Transportation Asset Management (KOTAM) is set to raise $800 million in a global infrastructure credit fund, which US-based I Squared Capital (I...

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

KTCU bumps up global PE investment by 90% since end-2018

KTCU bumps up global PE investment by 90% since end-2018

The Korean Teachers’ Credit Union (KTCU) has pushed up overseas private equity investments by 90% to 1.9 trillion won ($1.6 billion) over the pa...

NPS looks to expand scope of ESG criteria to step up responsible investment

NPS looks to expand scope of ESG criteria to step up responsible investment

The National Pension Service (NPS) is seeking to incorporate environmental, social and governance (ESG) criteria into domestic equity and bond investm...

Korea state agency to sell up to 10% Woori Financial stake in block deal

Korea state agency to sell up to 10% Woori Financial stake in block deal

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

Carlyle flexes muscles in Korean financial industry as Lee takes helm

Carlyle flexes muscles in Korean financial industry as Lee takes helm

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

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

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...

NPS adds six global alternative investment managers in Q2

NPS adds six global alternative investment managers in Q2

The National Pension Service has added three real estate investment firms, two infrastructure managers and one private equity and debt investment hous...

Doosan Heavy shares rally as investors look beyond financial woes

Doosan Heavy shares rally as investors look beyond financial woes

Shares of Doosan Heavy Industries & Construction Co. Ltd., a South Korean power plant builder, jumped to their highest level in more than two year...

Online portal Naver steps up Europe startup investment against US, China

Online portal Naver steps up Europe startup investment against US, China

South Korea’s largest internet portal Naver Corp. has committed 110.4 billion won ($93 million) to two Europe-focused startup funds since late l...

Global alternatives boost KTCU’s H1 investment returns

Global alternatives boost KTCU’s H1 investment returns

Alternative investments became the best-performing asset class for the Korean Teachers’ Credit Union (KTCU) in the first half of this year, retu...

NPS logs positive H1 return led by fixed incomes, alternatives

NPS logs positive H1 return led by fixed incomes, alternatives

The National Pension Service eked out a 0.5% return on financial investments in the first half of this year, supported by solid gains from fixed-incom...

KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...

FKI calls for further easing of new CVC rules to spur investment

FKI calls for further easing of new CVC rules to spur investment

The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market will likely continue to fare better than fixed-income assets on the prospect of interest rates remaining lo...

SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...

Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform

Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform

Naver, a Korean online platform giant, has invested 100 billion won ($83.8 million) in SM Entertainment's subsidiaries SMEJ Plus and Mystic Story in a...

NPS to add 200 global investment staff to cut fees, emulating CPPIB

NPS to add 200 global investment staff to cut fees, emulating CPPIB

The National Pension Service plans to carry out about a fivefold increase in overseas staffing by 2024 which will help to reduce external management f...

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

Hana Financial underwrites $117 million senior loan for US energy storage system

Hana Financial underwrites $117 million senior loan for US energy storage system

Hana Financial Investment Co., Ltd has invested in an energy storage system development project as an underwriter for senior loans worth $117 million....

HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue