Hyundai, Hankook Tire may rebuild relations with new test-driving center

Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...

NPS to ramp up global equities exposure over next 5 years

The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...

Korean LPs receive massive capital calls from global funds

Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...

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...

Shinhan backs AMP Capital’s $763 mn US data center acquisition

Shinhan Investment Corp. has provided 194.1 billion won ($162 million) in financing for AMP Capital’s 911 billion-won ($763 million) acquisition...

NPS abolishes Korea-focused alternatives teams for global push

The National Pension Service (NPS) has abolished Korea-focused teams under the three investment divisions of private equity, real estate and infrastru...

DTCP to scale Korean start-ups into global unicorns

Deutsche Telekom CEO Tim Hoettges visited SK Telecom in June and discussed ways to collaborate in 5G mobile communication services. The two companies ...

[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...

Samsung Sec buys Amazon logistics center in Czech for $160 mn: report

Samsung Securities Co. Ltd. has bought Amazon’s only logistics center in Czech Republic for 186 billion won ($160 million), in its fourth acquis...

[RFP] Korea Post plans $200 mn global housing investment

Korea Post’s savings arm plans to select two global real estate managers to invest $200 million, or 200 million euros, in the housing market in the US...

KTCU, SK Holdings to launch $1 bn fund for global co-investment

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint fund with South Korea’s SK Holdings Co. Ltd. to make cross-border investme...

[RFP] POBA to allocate $150 mn to global PEFs

The Public Officials Benefit Association (POBA) plans to commit around $150 million to global blind-pool private equity funds to invest in buyout/grow...

[Interview] Distressed investing to hedge PE/PD strategies: Canyon Partners

A distressed allocation can complement private equity and private debt strategies in the later stage of credit growth cycles as a record-high percenta...

Credit Suisse-led fund buys Korean logistics centers for $104 mn

A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...

KIC, Korea Post to boost cooperation in global investment

Korea Investment Corporation (KIC) has reached a tentative agreement with Korea Post to strengthen cooperation in global investment as the sovereign w...

Invesco to build $186 mn modern logistics center in Korea

Invesco will put 208 billion won ($186 million) into a modern logistics center development near Seoul, betting on the fast-growing online delivery mar...

Mirae Asset buys Amazon-leased US distribution center for $78 mn

Mirae Asset Daewoo Co. Ltd. has closed a $78 million acquisition of an Amazon-occupied new distribution center near Atlanta, funded partly by a senior...

NPS’ risk management head to spearhead investment strategy

The National Pension Service (NPS) appointed risk management center head Seong-Tae Park as new head of investment strategy on Dec. 8, a week...

NPS’ investment strategy head offers to quit

Investment strategy head and No. 2 of the National Pension Service’s (NPS) Investment Management department Soo-Cheol Lee has tendered his resignation...

[Deal Broker] Ex-ATM vendor behind Korean investors’ global real estate push

Union Station in Washington D.C., InterContinental Boston and luxury hotel Grosvenor House in London are among the landmark commercial buildings that ...

NPS’ global PE head promoted to lead global alternative investment

Hyung-Don Choe, global private equity head of the National Pension Service (NPS), was promoted on August 1 to lead the pension fund’s global...

Korea’s GEPS to commit $88 mn to global ESG equity fund

The Government Employees Pension Service (GEPS) will commit 100 billion won ($88.4 million) to a global equity fund integrating environmental, social ...

NPS appoints investment strategy head as new acting CIO

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

[RFP] Korea Post to allocate $200 mn to global buyout PE funds in 2018

Korea Post’s insurance unit plans to commit $200 million to around three blind-pool private equity funds for buyout strategy in 2018 to invest in the ...

[RFP] POBA to allocate $150 mn to global blind-pool PEF managers

The Public Officials Benefit Association (POBA) plans to commit up to $150 million to global blind-pool private equity funds for three types of strate...

[RFP] Korea Post seeks global infrastructure fund houses for $500 mn

Korea Post plans to commit up to $500 million to global infrastructure blind-pool funds to make equity investments in core infrastructure assets, acco...

Korea teachers fund allocates $1 bn for new global alternatives in 2018

The Korean Teachers’ Credit Union (KTCU) plans to invest an additional 1.1 trillion won ($1 billion) in overseas alternative assets in 2018, out of th...

[RFP] Korea Post seeks two global PEF managers for $200 mn co-investment

Korea Post plans to allocate a total of $200 million to two global private equity fund managers employing co-investment strategies. It will receive p...

Mirae Asset close to buying Carrefour-leased new logistics center in Poland

Mirae Asset Global Investments Co. Ltd., a leading South Korean asset manager, is close to acquiring a new logistics center in Poland for an estimated...

POBA mulls JV launch with global pension funds for alternative investment

The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...