joint funds
Scope
Date
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Private equity
Lessons learned from activist fund’s KAL exit
Activist fund Korea Corporate Governance Improvement Fund (KCGI) recently exited its investment in Hanjin KAL Co., the parent company of Korean Air ...
Apr 05, 2022 (Gmt+09:00)
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Pension funds
KTCU, CalSTRS to launch $505 mn JV for US warehouses
Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and The California State Teachers' Retireme...
Apr 05, 2022 (Gmt+09:00)
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Korean stock market
Mid-cap, small-cap outperform large-cap stocks in Q1 2022
South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...
Apr 01, 2022 (Gmt+09:00)
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Shareholder activism
Activist fund wins over K-pop pioneer at SM Entertainment annual meeting
South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...
Mar 31, 2022 (Gmt+09:00)
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Mergers & Acquisitions
SK Hynix considers joint acquisition of UK chip designer Arm
South Korea's SK Hynix Inc. is considering forming a consortium with other strategic investors to buy Arm Ltd., a British semiconductor design compa...
Mar 30, 2022 (Gmt+09:00)
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Bio & Pharma
Samsung’s Life Science Fund invests in US biotech Jaguar Gene Therapy
Samsung Group’s 150 billion won ($124 million) Life Science Fund launched last year has chosen a leading US gene therapy development company a...
Mar 30, 2022 (Gmt+09:00)
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Market Trend
Koreans return to foreign stock funds for bargain hunting
South Korean funds for overseas stock investments enjoyed the return of money to buy growth shares in the US on dips this year, while local investor...
Mar 29, 2022 (Gmt+09:00)
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Mobile networks
Dell, SK team up for 5G mobile edge computing market
South Korea's top mobile carrier SK Telecom Co. (SKT) has joined hands with Dell Technologies Inc. to launch a 5G mobile edge computing (MEC) platfo...
Mar 29, 2022 (Gmt+09:00)
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Alternative investments
Daewoo E&C jointly creates $400 mn fund for overseas M&As
Daewoo Engineering & Construction Co. of South Korea and IMM Investment Global, the Hong Kong-based affiliate of Korean equity firm IMM Investme...
Mar 28, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korean activist fund KCIG to sell Hanjin KAL stake to local builder
South Korea’s activist fund Korea Corporate Governance Improvement Fund (KCGI) has decided to sell its stake in Hanjin KAL, the holding compan...
Mar 28, 2022 (Gmt+09:00)
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Blockchain
Krafton signs MOU with Solana for blockchain-based games and services
South Korea’s leading game developer Krafton Inc. announced Wednesday it signed a memorandum of understanding with San Francisco-based Solana ...
Mar 23, 2022 (Gmt+09:00)
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Pension funds
GEPS posts 19.4% return from alternative investment in 2021
Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...
Mar 16, 2022 (Gmt+09:00)
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Korean startups
Service robot maker Bear Robotics raises $81 mn in Series B
South Korea’s robotics startup Bear Robotics Inc. announced Wednesday it raised $81 million in Series B funding from venture capital heavywe...
Mar 16, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha invests another $11 mn in US communications firm Kymeta
Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...
Mar 16, 2022 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1, Eugene plan $80.5 mn fund for Korea defense startups
LIG Nex1 Co., South Korea’s major defense exporter, plans to set up a $80.5 million venture investment fund with Eugene Investment & Secur...
Mar 16, 2022 (Gmt+09:00)
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Korean startups
Translink and Banks Foundation form $10 mn fund for S.Korean startups
South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...
Mar 14, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Iveco to cooperate on commercial vehicles
Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...
Mar 07, 2022 (Gmt+09:00)
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Korean startups
Cloud management provider Cloocus receives $41 mn in Series B funding
Cloud management service provider Cloocus Co. has received 50 billion won ($40.8 million) from SK Inc. C&C, those familiar with the investment...
Mar 07, 2022 (Gmt+09:00)
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Private equity
SK Group's PE-funded transformation in the spotlight
SK Group stands out from other South Korean conglomerates in making good use of private equity funds to raise money for business expansion.The count...
Mar 07, 2022 (Gmt+09:00)
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Pension funds
NPS hires Millennium, Starboard, Systematica for hedge fund investing
National Pension Service (NPS) of South Korea said on Feb. 28 it selected Millennium Management LLC, Starboard Value LP and Systematica Investment...
Feb 28, 2022 (Gmt+09:00)
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Pension funds
Adams Street, Benefit Street, Clearlake join NPS' PE managers
National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partners LLC and Clearlak...
Feb 28, 2022 (Gmt+09:00)
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Korean startups
Ridi becomes first Korean content platform unicorn
Ridi Corp., often referred to as South Korea's Kindle, has received funding of 120 billion won ($100 million) from Singapore's GIC and three domesti...
Feb 28, 2022 (Gmt+09:00)
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Pre-IPOs
SK Ecoplant raises over $800 mn from Korean PE firms
South Korea's SK Ecoplant Co. has raised a total of 1 trillion won ($830 million) from four domestic private equity firms, including 390 billion won...
Feb 28, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC boosts hedge fund investing with Seoul Guarantee Insurance
Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...
Feb 24, 2022 (Gmt+09:00)
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Entertainment
CJ ENM’s streaming platform raises $209 mn to finance original content
TVing Co. is poised to sell 382,513 new shares to South Korean private equity fund JC Partner Co.’s affiliate to raise 250 billion won ($209 m...
Feb 18, 2022 (Gmt+09:00)
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Automobiles
KT provides AI-powered voice recognition service to Mercedez
South Korea’s top wireless carrier KT Corp. announced Thursday that it has launched an AI-powered voice recognition service for Mercedez-Benz ...
Feb 18, 2022 (Gmt+09:00)
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ESG
APG urges Samsung, other Korean carbon emitters to take action
Europe’s largest pension fund manager APG has urged Samsung Electronics Co. and nine other major South Korean companies to drastically cut the...
Feb 17, 2022 (Gmt+09:00)
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Pension funds
Thoma Bravo may attract $200 mn from NPS, KTCU
National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...
Feb 16, 2022 (Gmt+09:00)
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Batteries
SK On's $4 bn funding draws PE giants, GIC, Saudi PIF
BlackRock, Blackstone, Singapore's GIC and Saudi's Public Investment Fund (PIF) are among the preliminary bidders for shares worth up to $4.2 billio...
Feb 16, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops memory chip with computing capabilities
SK Hynix Inc. has developed a next-generation memory chip with computing capabilities, which the company says will provide solutions for data conges...
Feb 16, 2022 (Gmt+09:00)
language
Latest News
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