KIC sues Volkswagen over emission scandal on behalf of S.Korea govt

Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund, has lodged a lawsuit against Volkswagen on behalf of the South Korean governm...

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...

Brookfield may raise $90 mn from Korea for property mezzanine fund

A real estate mezzanine fund of Brookfield Asset Management, for which the private investment firm is aiming to raise $2 billion globally, is expected...

Korea Post set to buy Natixis office building in Paris for $206 mn

Korea Post’s savings arm has been chosen as the preferred buyer of the headquarters building of France’s Natixis in Paris, in a deal worth 230 billion...

Korea Teachers’ Pension to invest $100 mn in Crescent Capital mezzanine fund

The Teachers’ Pension of South Korea will commit $100 million to a North America-focused, blind mezzanine fund to be launched by U.S.-based Crescent C...

Blackstone’s property loan fund raises $900 mn in Korea, beating funding target

Blackstone, the world’s largest real estate investment firm, has attracted 1 trillion won ($900 million) from South Korean institutional investors for...

TPG picks son of ex-Samsung vice chairman to lead Korea investment

TPG named Sanghoon Lee, an ex-Morgan Stanley executive and elder son of a former Samsung Electronics vice chairman and CEO, as the head of its South K...

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 invites bids for $450 mn US first mortgage co-investment

Korea Post’s savings unit is seeking three global real estate fund managers to make joint investments in first mortgages of U.S. commercial assets for...

Korea military fund to put €40 mn into Macquarie’s Europe infrastructure fund

South Korea’s Military Mutual Aid Association (MMAA) will invest €40 million in Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to rai...

[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...

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...

ABCP issues backed by Chinese bank deposits seen to top corporate bond sales in Korea

South Korean pension and savings funds are piling into short-term notes backed by time deposits at Chinese banks, lured by higher deposit rates from C...

Korea’s public pension funds to explore joint overseas, alternative investment – fin ministry

South Korea’s public pension funds, including the National Pension Service (NPS) and pension schemes for government officials and military personnel, ...

[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...

Korea pension funds seek damages from Daewoo Shipbuilding’s books rigging

The Government Employees Pension Service (GEPS) and the Teachers’ Pension have brought a joint action against Daewoo Shipbuilding for $19 mill...

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...

[RFP] Korea's govt pension seeks $100 mn offshore mezzanine fund managers

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 6 that it would select two global private debt fund managers f...

[Editor's Note] Korea funds warm up to private debts

Private debt products such as senior secured loans, collateralized loan obligation and mezzanine debt in the U.S. and European markets have become one...

[RFP] Korea’s GEPS seeks $170 mn fund of funds managers of global stocks, bonds

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 1 to invite bids for a 100 billion won ($87 million) mandate f...

Korea Post names new insurance asset head from within; 3rd replacement in 1 year

Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief...

[RFP] Korea police fund invites bids for $87 mn blind fund mandates

The Police Mutual Aid Association (PMAA) of South Korea issued requests for proposals on July 1 for 100 billion won ($87 million) mandates that it wou...

Korea’s GEPS CIO says to invest fresh $375 mn in alternatives in 2016

South Korea’s Government Employees Pension Service (GEPS), managing $6 billion of assets, will make an additional investment of about 430 billion won ...

Korea PEF picked as preferred buyer of Outback Steakhouse Korea

South Korea’s private equity firm SkyLake Investment, which won an about $220 million mandate from the National Pension Service (NPS) this week, has b...

Inside GP selection process: NPS awards $600 mn mandates to 4 Korea PEFs

South Korea’s two local private equity firms, VIG Partners and SkyLake Investment, received 250 billion won ($216 million) mandates from the National ...

[Interview] Korea savings funds see UK asset price drop after Brexit, awaiting buy timing

South Korea’s key savings funds have decided to put on hold investments in Europe shortly after the Brexit vote on the prospect of a further decline i...

CJ Group Interested in Acquiring McDonald's Korea Operations

CJ Group has jumped into a bidding war to acquire McDonald's Korea. According to investment banking sources on June 28, CJ Group had submitted a lette...

Korea pension funds show mixed reaction to Brexit decision – report

A savings fund in South Korea is studying raising its exposure to European equities, stocks and infrastructure assets after the Brexit decision, where...

[Editor’s Note] Frustrated at shrinking returns, investment money are flowing out of Korea

Unlike the U.S. Fed’s quantitative easing program that had boosted U.S. equity markets for more than six years from 2009, the Bank of Korea’s five pol...

Blackstone, Pomona win mandates for Korea GEPS’ $100 mn investment

South Korea’s Government Employees Pension Service (GEPS) has awarded $50 million mandates each to Blackstone and Pomona Capital for global secondary ...