Fadu, Mobilint emerge as S.Korea's system chip startup dark horses

South Korea's two semiconductor startups, Fadu Inc. and Mobilint, have emerged as the country's system chip industry dark horses as their competitiv...

Home interior platform nears unicorn status via $70mn funding

South Korea-based startup Bucketplace, an operator of home interior app OHouse, has raised $77 million in Series C funding, moving a step closer to ...

Kakao, Google in talks over mobility partnerships

Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kakao Corp., is in talks with global IT giant Google over pot...

KIC joins One Planet Sovereign Wealth Fund to bolster climate change efforts

In a move to bolster its climate change efforts, Korea Investment Corporation has joined a group of international sovereign wealth funds in their aim ...

Top Korean travel startup Yanolja taps 2021 IPO managers

South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offe...

Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund

South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...

PE secondaries top Korean LPs' global PE funds list

Secondary private equity deals were picked as the preferred global PE investment of South Korea’s top asset owners, followed by co-investments a...

Market rally double-edged sword for fund managers as investors exit

The South Korean stock market’s recent rally is both a blessing and a curse for fund managers as investors are increasingly exiting their funds ...

Korea Post to commit $200 mn to global infrastructure funds

Korea Post’s savings arm will select two infrastructure fund houses to invest $200 million in overseas core infrastructure assets, according to ...

Korean startup to rival Dolby in unconquered 3D audio market

Gaudio Lab Inc., backed by SoftBank Ventures, is throwing down the gauntlet to Dolby Laboratories for the three-dimensional (3D) audio market, for whi...

Korean teachers' fund names ex-education minister as CEO

South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...

Samsung joins Intel, Qualcomm in Israeli startup investment

Samsung Electronics Co., alongside global technology giants Intel Corp. and Qualcomm Inc., has invested in an Israeli tech startup to boost venture ca...

Construction workers' fund targets stable-income alternatives

South Korea’s Construction Workers Mutual Aid Association is chasing government-sponsored infrastructure and public private partnership (PPP) pr...

Bluespace.ai to develop autonomous mass transit system in Seoul

Bluespace.ai, a San Jose-based autonomous driving startup, is looking to develop a software system for autonomous mass transit fleets in Seoul and its...

Kakao webtoon platform Piccoma becomes No.1 grossing app worldwide

Kakao Corp., South Korea's platform giant, announced on Nov. 9 that its webtoon (digital comics) platform Piccoma has become the No. 1 grossing mobile...

Kakao’s Q3 sales, operating profit soar on e-commerce, online ad gains

South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...

KIC, NPS to boost customized hedge fund investments

South Korea's sovereign wealth fund, Korea Investment Corp. (KIC), and the National Pension Service are looking to boost hedge fund investment through...

NPS, KTCU commit $200 mn to US tech-focused PEF

The National Pension Service and the Korean Teachers’ Credit Union (KTCU) have committed a combined $200 million to technology-focused Thoma Bra...

[ASK2020] A Case for Hedge Funds in Today’s Adverse Markets

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. With over US$1.1...

NPS to ease hedge fund transparency requirements

The National Pension Service will loosen transparency requirements on hedge funds to increase the pool of its hedge fund management firms, in efforts ...

Korean pension funds’ CIOs look to diversify GP pool

South Korean pension funds are seeking to diversify their pool of alternative asset managers to broaden real estate- and developed markets-focused por...

Kookmin Bank sells $500 mn in subordinated bonds to fund ESG projects

South Korea’s Kookmin Bank has issued $500 million in subordinated bonds as part of its efforts to expand loans for environmental, social and go...

Korean VR startup acquired by Fortnite creator

Hyprsense, a facial motion capture software developer, has been acquired by Epic Games, the creator of international blockbuster game Fortnite, accord...

KKR’s $3 bn Asia infra fund to raise $200 mn from Korea

South Korean pension funds and insurance companies will commit $200 million in aggregate to KKR’s first Asia infrastructure fund targeting to ra...

Korean police fund raises risk appetite for private debt

South Korea’s Police Mutual Aid Association (PMAA) has recently selected an opportunistic strategy fund for private debt investment as the $3 bi...

Korean insurers, Shinhan Alternative commit $130 mn in KKR CMBS fund

South Korea's insurers along with Shinhan Alternative Investment Management Inc. have committed $130 million in the real estate stabilized credit (RES...

Kakao's exchangeable bond issue lures global investors

South Korea’s mobile platform giant Kakao Corp. is raising the price of shares to be converted from its exchangeable bond issue in Singapore on ...

AI chip market heats up, to tip over $100 bn in deals

The global semiconductor industry has been swamped with a series of massive deals this year, likely to tip over $100 billion in deal volume as compani...

SK, KTCU see gains from Chinese startup’s Nasdaq IPO

SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...

KIC CEO to step up startup, ESG investments

Korea Investment Corporation (KIC) will step up investment in startups and environmental, social and governance (ESG)-themed investment as it aims to ...