Korean teachers’ fund co-invests $45 mn in senior loan for London office portfolio

Korean teachers’ fund co-invests $45 mn in senior loan for London office portfolio

The Korean Teachers’ Credit Union (KTCU) has invested 51.9 billion won ($45 million) in senior loans secured on a London office portfolio in co-invest...

Korean brokerage firms buy two UK logistics centers for $240 mn

Korean brokerage firms buy two UK logistics centers for $240 mn

Two South Korean brokerage firms – KB Securities Co. Ltd. and Kiwoom Securities Co. Ltd. – have teamed up to buy a logistics center for 167 billion wo...

Korean firms invest $52.5 mn in debt refinancing of US building

Korean firms invest $52.5 mn in debt refinancing of US building

Two South Korean financial institutions have invested $52.5 million in mezzanine debt backed by an office building in Manhattan, which was issued to r...

Korean military fund to commit $30 mn to two US venture capital FoFs

Korean military fund to commit $30 mn to two US venture capital FoFs

The Military Mutual Aid Association (MMAA) will commit $30 million in aggregate to two US venture capital funds of funds in its first investment in a ...

Two Korean investors buy Canberra building for $54 mn

Two Korean investors buy Canberra building for $54 mn

Two South Korean institutional investors have recently completed a 60 billion won ($54 million) acquisition of an office building in Canberra which th...

[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setti...

[ASK 2017 SUMMIT Panel Talks] Korean LPs into mezzanine; wary of secondary

[ASK 2017 SUMMIT Panel Talks] Korean LPs into mezzanine; wary of secondary

National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post are piling into mezzanine debt tranches in search of higher yields, ...

[ASK 2017 SUMMIT Panel Talks] Korean insurers seek co-investment, top-tier GPs

[ASK 2017 SUMMIT Panel Talks] Korean insurers seek co-investment, top-tier GPs

South Korean insurance companies are looking for co-investment in overseas alternatives with general partners, and leaning towards larger GPs in the i...

[ASK 2017 SUMMIT Panel Talks] Korean LPs eye wider range of private debt

[ASK 2017 SUMMIT Panel Talks] Korean LPs eye wider range of private debt

Private debt recently became one of the most favored asset classes for South Korean asset owners, alongside co-investments in overseas alternatives. ...

[ASK 2017 SUMMIT] Korean LPs call for co-investment offers from GPs

When Korea Post issued a request for proposals on May 17 for global private debt investment of up to $300 million, the state agency added a new requir...

AMP Capital’s infrastructure fund raises $260 mn from Korean investors

South Korea’s police and scientist funds and insurers have committed $260 million to a global infrastructure fund of Australia’s AMP Capital which rai...

Korean regulator moves to scrutinize savings funds’ financial health

Korean regulator moves to scrutinize savings funds’ financial health

South Korea’s savings funds may come under direct supervision of the country’s top financial watchdog as the Financial Services Commission (FSC) is se...

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

Yellow Umbrella Mutual Aid Fund, South Korea’s savings fund for small-sized business owners, will likely allocate 300 billion won ($265 million)...

Rockpoint’s core-plus, value-added fund may draw $380 mn from Korean investors

South Korea’s National Pension Service (NPS), Public Officials Benefit Association (POBA) and Hyundai Marine & Fire Insurance Co. Ltd. are likely ...

Korean firms to buy $88 mn US power plant-backed debts from US bank

Korean firms to buy $88 mn US power plant-backed debts from US bank

Four South Korean institutional investors will acquire 100 billion won ($88 million) worth of senior debts secured on two US gas-fired power plants fr...

GEPS names ex-head of Prudential’s former Korean unit as CIO

GEPS names ex-head of Prudential’s former Korean unit as CIO

The Government Employees Pension Service (GEPS) of South Korea on April 24 appointed Chang-hoon Lee, a former head of US Prudential Financial’s previo...

Castlelake’s aviation fund may draw $200 mn from Korean investors: report

Castlelake’s aviation fund may draw $200 mn from Korean investors: report

The Public Officials Benefit Association (POBA), the Korea Scientists and Engineers Mutual-aid Association and other South Korean institutional invest...

Korean military fund names equity head as financial division CIO

Korean military fund names equity head as financial division CIO

The Military Mutual Aid Association’s (MMAA) former equity head Jae Dong Kim was installed this month as its first chief investment officer chosen fro...

Korean insurers invest $102 mn in senior debts of Manhattan building

Korean insurers invest $102 mn in senior debts of Manhattan building

Three South Korean insurance firms have invested 115 billion won ($102 million) in senior secured debts of a building in Manhattan, New York which is ...

KIC picks $400 mn global bond managers among firms with Korean subsidiaries

KIC picks $400 mn global bond managers among firms with Korean subsidiaries

Korea Investment Corporation (KIC) has introduced new requirements to foreign bond managers that they have South Korean subsidiaries which will not be...

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

The Public Officials Benefit Association and the Korea Scientists and Engineers Mutual-aid Association have decided to invest $50 million and $30 mill...

Korean asset firms strive to fund property deals as institutions step back

Korean asset firms strive to fund property deals as institutions step back

South Korean investment firms, which have recently snapped up prime office buildings and warehouses in the US and Europe, are struggling to raise capi...

Five private debt firms win $120 mn mandates from Korean govt employee fund

The Public Officials Benefit Association (POBA), a South Korean savings fund for government employees, has wrapped up its selection of five overseas p...

ILS funds of funds attract Korean high net-worth individuals

ILS funds of funds attract Korean high net-worth individuals

Funds of funds (FoFs) investing in insurance-linked securities (ILS) funds have been luring yield-hungry wealthy South Koreans, with domestic brokerag...

Korean institutions partake in US fund’s buyout deal as financial investors: report

Korean institutions partake in US fund’s buyout deal as financial investors: report

NH Investment & Securities Co. Ltd. and a federation of credit cooperative in South Korea have extended about 50 billion won ($44 million) of loan...

Korean firms invest $87 mn in mezzanine debt for Amazon office building in Seattle

Korean firms invest $87 mn in mezzanine debt for Amazon office building in Seattle

Kyobo Life Insurance Co. Ltd. and other South Korean institutions have invested 100 billion won ($87 million) in mezzanine debts backed by an Amazon-o...

Korean institutions to invest $83 mn in mezzanine debt for Apple’s office campus

Korean institutions to invest $83 mn in mezzanine debt for Apple’s office campus

Four South Korean institutional investors, including KDB Life Insurance Co. Ltd. and Allianz Life Insurance Co. Ltd., will invest $83 million in m...

Korean military fund to pick new CIO from within for first time

Korean military fund to pick new CIO from within for first time

South Korea’s Military Mutual Aid Association (MMAA) will find a successor of the retiring Chief Investment Officer, Sang-ho Lee, inside its organizat...

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Partners Group, a Switzerland-based investment firm, is looking to raise a further €655 million ($689 million) in March for the final close of it...

Veteran Korean real estate investor sees growth in Seoul office building market

Veteran Korean real estate investor sees growth in Seoul office building market

Low foreign ownership, swelling assets at South Korean institutional investors and small office space per worker all point to growth potential for...

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