Malaysia pension fund buys Korean logistics center for $70 mn: report

Malaysia’s Employees Provident Fund (EPF) has closed the acquisition of a logistics center near Seoul for around 75 billion won ($67 million) in its f...

KIC CIO to speak in global real estate, infrastructure summit in Seoul

Korea Investment Corporation (KIC) Chief Investment Officer Shinwoo Kang will give a keynote speech in a global real estate and infrastructure summit ...

Ex-NPS global alternatives heads move to Korean law firms as advisors

Two former global alternative investment heads of South Korea’s National Pension Service (NPS) moved to the country’s top law firms to advise on alter...

[RFP] Korea Post seeks six global equity fund houses

Korea Post’s savings unit plans to select two global stock managers for exchange-traded fund (ETF) investment around the end of September, and four ot...

NPS in emergency system under acting CIO, global alternatives head

The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of...

Blackstone, Kuwait fund among bidders for NPS’ Sony Center in Berlin: report

Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pen...

NPS secures hefty return from first exit of global infrastructure co-investment

South Korea’s National Pension Service (NPS) has pocketed more than €100 million ($114 million) from the recent sale of a 5% stake in Spain’s leading ...

NPS cancels global alternative head appointment on CV inaccuracy

The National Pension Service (NPS) has withdrawn the appointment of its new global alternative investment head due to an inaccurate statement on his r...

Mirae Asset weighs $433 mn global real estate fund launch

Mirae Asset Global Investments Co. Ltd. is considering raising around 500 billion won ($433 million) in a global real estate fund, buoyed by hefty ret...

Hanwha Asset to raise $1 bn from insurance arms to launch global funds

South Korea’s Hanwha Asset Management Co. Ltd. will launch three global funds for infrastructure, real estate and private equity investments, with $1 ...

Korean brokerage firms buy two UK logistics centers for $240 mn

Two South Korean brokerage firms – KB Securities Co. Ltd. and Kiwoom Securities Co. Ltd. – have teamed up to buy a logistics center for 167 billion wo...

NPS to raise global stock portion by end-2022

The National Pension Service (NPS) will further increase the proportion of overseas investment with a higher share of global equities, according to it...

[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setti...

NPS names CIO’s ex-colleague as global alternative head

Jae-Sang Kim, who had worked with National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang in asset management firms for several ye...

[ASK 2017 SUMMIT] Korea Post pursues active hedge fund strategies

Korea Post is pursuing diverse alpha-generating strategies for hedge fund investment, with a plan to allocate at least 450 billion won ($401 million) ...

POBA selects 7 global private equity fund managers for $300 mn

The Public Officials Benefit Association (POBA) has picked seven global private equity fund houses to invest $300 million in five different strategies...

[RFP] Korea Post seeks global private debt fund managers for up to $300 mn

Korea Post's savings unit announced a plan on May 17 to invest up to $300 million in overseas private debt funds focusing on mezzanine and distresse...

[RFP] Korea Post seeks global fund of hedge fund managers

Korea Post’s insurance unit on May 8 posted a request for proposals of multi-strategy funds of hedge funds. It will receive proposals by 5 pm, May 19...

[RFP] Korea Post seeks global private equity FoF managers for $200 mn

Korea Post’s insurance unit is planning to commit about $100 million each to two multi-strategy global funds of funds (FoFs) employing primary, second...

KIC picks $400 mn global bond managers among firms with Korean subsidiaries

Korea Investment Corporation (KIC) has introduced new requirements to foreign bond managers that they have South Korean subsidiaries which will not be...

Apollo Global, Cerberus win GEPS’ $160 mn private debt fund mandates

The Government Employees Pension Service (GEPS) has awarded overseas private debt fund mandates for opportunistic strategies to Apollo Global Manageme...

NPS in hunt for new global alternative investment head from outside

South Korea’s National Pension Service (NPS) has decided to select a new global alternative investment head from outside the $480 billion pension fund...

Korea’s GEPS hires ex-NPS’ NY office head to lead global investment division

South Korea’s Government Employees Pension Service (GEPS) has named a former senior investment manager of the National Pension Service (NPS), who had ...

Korea Post plans to select multi-strategy fund of hedge fund managers

Korea Post’s insurance unit is preparing to pick global fund-of-hedge-fund managers using multi-strategy and will soon determine the amount of investm...

NPS’ global alternative head, global public market head offer to resign

Two key fund managers of South Korea’s National Pension Service (NPS) have offered to step down earlier this month, joining in 25 other employees ...

Samsung Asset to launch $500 mn global infrastructure debt fund with IFM: report

Samsung Asset Management Co. Ltd. will launch a $500 million blind-pool fund investing in infrastructure-backed debt in developed countries, and joint...

NPS promotes domestic alternative head to lead investment strategy

South Korea’s National Pension Service (NPS) appointed Soo-Cheol Lee, who leads domestic alternative investments, as the new head of the pension fund’...

Blackstone may inject $200 mn into Korea fund for 6~7 logistics center purchase

The Blackstone Group L.P. is understood to commit about $200 million to a South Korean fund to finance its 70 billion won ($59 million) acquisition of...

NPS, KIC global alternative heads to discuss property, infrastructure outlook in Oct 20 summit

Keymen of major South Korean institutional investors, including the National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post,...

US rate hike talk alters Korean fund’s US property investment strategy

The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...