Korea to ease capital reserve rules for insurers’ overseas infrastructure assets

Korea to ease capital reserve rules for insurers’ overseas infrastructure assets

South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as J...

[Interview] ING Life Korea seeks equity investments in US, Europe core real estate

[Interview] ING Life Korea seeks equity investments in US, Europe core real estate

ING Life Insurance Korea Ltd. sees core office buildings and infrastructure in the US and Europe remaining as attractive targets even in the periods o...

Korea’s first Australia property fund for retail investors raises $125 mn

Korea’s first Australia property fund for retail investors raises $125 mn

Mirae Asset Global Investments Co. Ltd. has raised 141 billion won ($125 million) as planned from a domestic public fund launched to finance its $245 ...

Korea Post awards $436 mn real estate debt mandates to three US firms

Korea Post awards $436 mn real estate debt mandates to three US firms

The asset management units of the Teachers Insurance and Annuity Association of America (TIAA), Prudential Financial Inc., and New York Life Insurance...

Aircraft funds in Korea quadruple in 4 yrs; overheating concern sets in

Aircraft funds in Korea quadruple in 4 yrs; overheating concern sets in

Aviation finance funds are expected to attract another billions of dollars from South Korean investors this year to a cumulative $3.9 billion, driven ...

[Interview] CVC keen on e-commerce, healthcare, consumer brands in Korea

[Interview] CVC keen on e-commerce, healthcare, consumer brands in Korea

CVC Capital Partners is interested in electronic commerce, healthcare and services sectors in South Korea because of their growth potential, and willi...

[RFP] Korea Post seeks to invest about $90 mn in offshore insurance-linked securities

[RFP] Korea Post seeks to invest about $90 mn in offshore insurance-linked securities

Korea Post’s savings unit has decided to commit about 100 billion won ($87 mn) to investment firms managing or marketing offshore insurance-linked sec...

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

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 rejects $177 mn debt for Carlyle’s refinancing of ADT Korea

NPS rejects $177 mn debt for Carlyle’s refinancing of ADT Korea

The National Pension Service’s (NPS) rejection last week of 200 billion won ($177 million) investment in ADT Korea, owned by the Carlyle Group, has ca...

[RFP] Korea’s GEPS seeks $160 mn offshore private debt fund managers

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...

Real estate exhibition Cityscape Korea 2017 to be held in August

Real estate exhibition Cityscape Korea 2017 to be held in August

About 300 firms from 20 countries, including the United States and China, will take part in the Cityscape Korea 2017, set for August 17 to 19, 2017 in...

Korea public officials' fund sees $200 mn allocation to cat bonds, private debt funds in H2

South Korea’s Public Officials Benefit Association (POBA) is most likely to select global asset managers to invest about $200 million on aggregate in ...

Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds

Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds

(Corrected: Numbers in the first and third paragraphs were corrected to $500 to $600 million, and $880 million, respectively) The Public Officials ...

AMP Capital’s Australia infrastructure fund tipped to raise $76 mn from Korea

AMP Capital’s Australia infrastructure fund tipped to raise $76 mn from Korea

An infrastructure fund managed by Australia-based AMP Capital is expected to attract about 87 billion won ($76 million) from South Korean investors, i...

Korea to ease rules on insurers’ currency hedging of offshore investment

Korea to ease rules on insurers’ currency hedging of offshore investment

South Korea will loosen regulations in relation to the currency hedging of insurance companies’ cross-border investments, which have been blamed to in...

Korea Teachers’ Pension to invest $75 mn in buying Australia’s office building

South Korea’s Teachers’ Pension will acquire an office building in Brisbane, Australia which the Brisbane city government has signed a con...

Korea Post’s savings arm targets 2-3% medium-risk assets; keen on CMBS, CLO: report

Korea Post’s Savings Bureau has been shifting overseas investment focus into relatively low-risk assets such as fixed-income assets since last year to...

Korea Investment-led firms to buy EU parliament building for $224 mn

Korea Investment-led firms to buy EU parliament building for $224 mn

A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. are tapping domestic institutional investors to acquire ...

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

Korea military fund mulls investing in PDF, NPL fund in 2017: report

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion savings fund, is studying investing in offshore private debt funds (PDFs) and non...

Korea public officials’ fund sees 3-4 Europe property buys after $101 mn German deal

Korea public officials’ fund sees 3-4 Europe property buys after $101 mn German deal

The Public Officials Benefit Association (POBA) has signed a final agreement to acquire a 10-story office building in the southern part of Hamburg, Ge...

Korea teachers’ fund to invest $52 mn in Europe bank loans-buying fund

Korea teachers’ fund to invest $52 mn in Europe bank loans-buying fund

Korean Teachers’ Credit Union (KTCU) has decided to commit €50 million ($52.4 million) to a $1.5 billion~$2 billion fund which will take over senior s...

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

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...

Korea teachers’ fund eyes CLOs, PEFs as market volatility seen up in 2017: report

Korean Teachers’ Credit Union (KTCU), the largest savings fund in South Korea, sets its eyes on offshore collateralized loan obligations (CLOs), priva...

KTB, Korea Investment launch $85 mn aircraft fund to buy Airbus A330

KTB, Korea Investment launch $85 mn aircraft fund to buy Airbus A330

Two South Korean brokerage companies - KTB Investment & Securities Co. Ltd. and Korea Investment & Securities Co. Ltd. – set up a $85 million ...

KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report

KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report

South Korea’s Hana Asset Management Co. Ltd. will invest $110 million in principal-protected debt issued by Kohlberg Kravis Roberts (KKR) & Co. on...

Chronology: Korea’s sprawling political scandal hits NPS over Samsung units’ merger

The following are key events in relation to Samsung C&T Corporation’s takeover of affiliate Cheil Industries Inc. in 2015, and prosecutors’ invest...

Q&A: NPS embroiled in Korea’s political scandal over Samsung units’ merger

South Korea’s National Pension Service (NPS), the world’s third-largest pension scheme with $460 billion in assets under management, is engulfed in on...

Korea Post awards $300 mn mandates to 3 private debt managers

Korea Post’s savings arm has awarded offshore private debt mandates worth a combined $300 million to Guggenheim Partners, Park Square Capital and Part...

Hanwha becomes 1st Korean insurer to foray into foreign banking market NPS, Scape in record deal to acquire Aussie senior living operator Aveo from Brookfield HYBE to bring K-pop idol playbook to India, tapping local talent POSCO sets sights on lithium production in US Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotel sector