Korea police fund picks CIO from outside; gives $90 mn mandates to 6 firms

Korea police fund picks CIO from outside; gives $90 mn mandates to 6 firms

South Korea’s police savings fund has appointed a former fixed-income head of Samsung Asset Management as its first chief investment officer fro...

Samsung’s investment firm to set up $270 mn US property mezzanine fund

Samsung’s investment firm to set up $270 mn US property mezzanine fund

A property investment arm of the Samsung Group will raise 300 billion won ($270 million) from South Korean insurance companies and pension funds in a ...

CVC set to buy Korean parcel delivery firm for about $300 mn

CVC set to buy Korean parcel delivery firm for about $300 mn

Baring Private Equity Asia has named CVC Capital Partners as the preferred buyer of South Korea’s No.4 parcel delivery company, which the Carlyle Grou...

Carlyle joins bids for Korea’ No.4 parcel delivery firm – sources

Carlyle joins bids for Korea’ No.4 parcel delivery firm – sources

The Carlyle Group has recently embarked on due diligence of South Korea’s Logen Co. Ltd. for a possible acquisition, following another private equity ...

[RFP] Korea Post seeks 3 management firms for overseas CLO investment

[RFP] Korea Post seeks 3 management firms for overseas CLO investment

Korea Post’s savings unit announced a request for proposal on August 17 to select three asset management houses that will be in charge of setting up s...

Korean firms complete $320 mn financing for Newark Energy Center of US

Korean firms complete $320 mn financing for Newark Energy Center of US

South Korean insurance firms and other institutions have committed a total of $250 million to a local fund set up to provide senior loans to Newark En...

Korean public officials’ fund picks mezzanine fund firms in closed bids

Korean public officials’ fund picks mezzanine fund firms in closed bids

South Korea’s Public Officials Benefit Association (POBA) has preliminarily chosen three U.S.-based asset management firms of mezzanine funds in limit...

Korea civil servants’ pension fund picks local firms for global stock, bond mandates

South Korea’s Government Employees Pension Service (GEPS) has selected Daishin Asset Management and Shinhan BNP Paribas Asset Management as general pa...

Ex-NPS investment strategy head to lead non-equity portfolios of Korean asset firm

Ex-NPS investment strategy head to lead non-equity portfolios of Korean asset firm

A former investment strategy head of the National Pension Service (NPS), Yoon-pyo Lee, will move to South Korea’s Truston Asset Management Co. Ltd. ne...

[RFP] Korea fund for small firm owners solicits bids for $88 mn equity mandates

The Yellow Umbrella Mutual Aid is looking for stock management firms to invest a total of about 100 billion won ($88 million) and pick up to four fund...

Baring PEA in talks with CVC, Affinity to sell Korean parcel delivery firm

Baring PEA in talks with CVC, Affinity to sell Korean parcel delivery firm

Baring Private Equity Asia (PEA) has resumed the sale process of South Korea’s No. 4 package delivery company, and authorized two private equity firms...

Korea firms hold off UK property deals; demand seen reviving after price drops – reports

Korea firms hold off UK property deals; demand seen reviving after price drops – reports

Three to four South Korean institutions, including asset management firm Hyundai Investments, have put on hold a planned joint purchase of an office b...

Korean firms to raise $350 mn mezzanine fund for 10 Hudson Yards NYC - report

Korean firms to raise $350 mn mezzanine fund for 10 Hudson Yards NYC - report

Two South Korean asset management firms will start to raise about 400 billion won ($346 million) in a mezzanine fund from this week to invest in 10 Hu...

Baring Asia’s Korean parcel delivery firm fails to draw final bidder; UPS walks away

The planned sale of a South Korean parcel delivery firm by Baring Private Equity Asia to a strategic buyer has fallen through, after the last shortlis...

[Interview] Korea teachers’ fund CIO: interested in equity stake in asset managers’ holding firms

[Interview] Korea teachers’ fund CIO: interested in equity stake in asset managers’ holding firms

Korea Teachers’ Credit Union (KTCU), which manages 22 trillion won (about $18 billion) of assets, is considering an equity investment in holding compa...

POBA to pick 2 global infrastructure fund firms in June for $85 mln investment – report

South Korea’s Public Officials Benefit Association (POBA), a savings fund for local public officials, plans to select two offshore infrastructure inve...

NPS shortlists fund of hedge fund GPs for $1 bln mandate; to pick final 2 firms in Q3

- BlackRock, Blackstone, Grosvenor & UBS are on the shortlist - Hedge funds with big market share & established systems to be chosen prefer...

HOLD (DRAFT)

Hyundai Heavy Industries Holdings Co., the world’s biggest shipbuilderThe shipbuilding group, touted as the strongest candidate, formed a consor...

Game maker's holding firms renews bets on pet food market

NXC Corp., the holding company of South Korea's game developer Nexon Co., has acquired an Italian pet food maker for 27.8 billion won ($ ) CerereAgras...

HOLD: S.Korea's president-elect vows heavy govt spending

HOLD: S.Korea's president-elect vows heavy govt spending

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cas...

HOLD: S.Korea's president-elect Lee vows cash handouts

HOLD: S.Korea's president-elect Lee vows cash handouts

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including c...

HOLD: S.Korea's president-elect vows heavy govt spending

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cash ...

HOLD: S.Korea's president-elect Lee vows cash handouts

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including cas...

NO EDIT, NO PUBLISHING. Trump-driven energy boom spurs Korean firms to hike US gas investments

 EnergyCorporate strategy, Carbon neutrality, Petrochemicals, Chemical industry, SK_Innovation, SK_Innovation_E&S, SK_Group, LNG, Australia, ...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot