POBA invites bids for $400 mn multi-asset mandates

South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...
Scope
Date
~
South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...
South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...
Masan Group Corp., Vietnam's leading conglomerate with a diverse range of businesses ranging from food and consumer goods to financial services, wil...
South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...
Hyundai Heavy Industries Co. is aiming to raise up to 1.08 trillion won ($940 million) in a South Korean initial public offering next month to finan...
South Korea’s LG Group will put the facility management division of its affiliate S&I Corp. up for sale amid talk that a sale of the unit ...
Apologies are a thorny topic for business executives and private individuals alike. How should a company or an organization issue an apology? On socia...
Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...
South Korean game company Nexon’s founder Kim Jung-ju has resigned from the chief executive position at NXC Corp., the holding company of Nexo...
The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...
GS Energy Corp., an intermediate holding company of South Korea's GS Group, is in the final stages of talks to sell a 50% stake in its wholly-owned ...
South Korea-based fintech startup Qraft Technologies Inc. captured the attention of Wall Street in May 2019, when it listed two artificial intellige...
South Korea's Public Officials Benefit Association (POBA) has decided to invest around €100 million ($120 million) in Kadans Science Partner, a...
RBW Inc., the label behind K-pop star Mamamoo, is looking to go public after HYBE Co., the music and entertainment agency behind BTS, made a big h...
South Korea’s national pension fund bought an office building in Australia for almost $900 million, which would be its largest investment in t...
Morgan Stanley topped South Korea's M&A advisor league table in the first half of this year, working on six buyout deals worth a combined 9.75 t...
Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...
The world’s fifth-largest tobacco maker KT&G Corporation is rapidly widening the global reach of its e-cigarette products, which have beco...
South Korean institutional investors, including the Public Officials Benefit Association (POBA) and Yellow Umbrella Mutual Aid Fund, emerged as the ...
IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new infrastructure fund...
The recent decision by Barbour, the British lifestyle brand under J. Barbour & Sons Ltd., to transfer the rights to sell its products in South K...
The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...
South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...
The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...
South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...
The National Pension Service has gained exposure to timberland and the European mid-market tech sector in the first quarter of this year, adding two...
ADT Caps Co., South Korea's No. 2 security services provider, has appointed Morgan Stanley, Credit Suisse and NH Investment & Securities Co. to ...
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...
Samsung Heavy Industries Co. has begun the process to raise 1 trillion won ($900 million) in a rights offering, in what is set to be its first share...
POBA invites bids for $400 mn multi-asset mandates
South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...
Aug 24, 2021 (Gmt+09:00)
Korea's top online flea market startup value up to $2.6 bn
South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...
Aug 18, 2021 (Gmt+09:00)
Vietnam's Masan Group to attract $200 mn from Korean PE
Masan Group Corp., Vietnam's leading conglomerate with a diverse range of businesses ranging from food and consumer goods to financial services, wil...
Aug 17, 2021 (Gmt+09:00)
Experts cast doubt on S.Korea’s $2 bn currency swap deal with Turkey
South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...
Aug 12, 2021 (Gmt+09:00)
Hyundai Heavy aims to raise about $1 bn in Sept IPO
Hyundai Heavy Industries Co. is aiming to raise up to 1.08 trillion won ($940 million) in a South Korean initial public offering next month to finan...
Aug 10, 2021 (Gmt+09:00)
LG Group to put facility management unit of S&I Corp. up for sale
South Korea’s LG Group will put the facility management division of its affiliate S&I Corp. up for sale amid talk that a sale of the unit ...
Aug 06, 2021 (Gmt+09:00)
The art of the apology
Apologies are a thorny topic for business executives and private individuals alike. How should a company or an organization issue an apology? On socia...
Aug 04, 2021 (Gmt+09:00)
Korea’s Samyang to manage 30% assets globally by 2025
Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...
Aug 02, 2021 (Gmt+09:00)
Nexon founder resigns in top management reshuffle
South Korean game company Nexon’s founder Kim Jung-ju has resigned from the chief executive position at NXC Corp., the holding company of Nexo...
Jul 30, 2021 (Gmt+09:00)
Canada’s CPPIB promotes Suyi Kim to global head of private equity
The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...
Jul 30, 2021 (Gmt+09:00)
GS Energy to sell half of thermal power plant unit to IMM
GS Energy Corp., an intermediate holding company of South Korea's GS Group, is in the final stages of talks to sell a 50% stake in its wholly-owned ...
Jul 23, 2021 (Gmt+09:00)
Qraft's AI-powered ETFs wow Wall Street with winning stock picks
South Korea-based fintech startup Qraft Technologies Inc. captured the attention of Wall Street in May 2019, when it listed two artificial intellige...
Jul 13, 2021 (Gmt+09:00)
POBA likely to invest €100 mn in Dutch lab developer
South Korea's Public Officials Benefit Association (POBA) has decided to invest around €100 million ($120 million) in Kadans Science Partner, a...
Jul 13, 2021 (Gmt+09:00)
RBW, label behind Mamamoo girl group, seeks Kosdaq listing
RBW Inc., the label behind K-pop star Mamamoo, is looking to go public after HYBE Co., the music and entertainment agency behind BTS, made a big h...
Jul 13, 2021 (Gmt+09:00)
NPS buys Australian building for $900 mn to diversify investment
South Korea’s national pension fund bought an office building in Australia for almost $900 million, which would be its largest investment in t...
Jul 02, 2021 (Gmt+09:00)
Morgan Stanley tops S.Korea's H1 M&A league table
Morgan Stanley topped South Korea's M&A advisor league table in the first half of this year, working on six buyout deals worth a combined 9.75 t...
Jun 30, 2021 (Gmt+09:00)
Taiwan’s Fubon Life raises stake in Korean unit via $405 mn rights offer
Fubon Life Insurance Co., a unit of Taiwan’s Fubon Financial Holding Co., has raised its stake in a Korean joint venture with Hyundai Motor Gr...
Jun 28, 2021 (Gmt+09:00)
KT&G expands global foothold with 4,700 e-cigarette IP rights
The world’s fifth-largest tobacco maker KT&G Corporation is rapidly widening the global reach of its e-cigarette products, which have beco...
Jun 25, 2021 (Gmt+09:00)
Korean institutions ranked top US liquidity provider under 2020 TALF
South Korean institutional investors, including the Public Officials Benefit Association (POBA) and Yellow Umbrella Mutual Aid Fund, emerged as the ...
Jun 17, 2021 (Gmt+09:00)
IMM Investment eyes $900 mn infrastructure fund launch
IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new infrastructure fund...
Jun 11, 2021 (Gmt+09:00)
UK lifestyle brand Barbour enters legal battle with 10-year partner in Korea
The recent decision by Barbour, the British lifestyle brand under J. Barbour & Sons Ltd., to transfer the rights to sell its products in South K...
Jun 10, 2021 (Gmt+09:00)
NPS joins in TPG-led $125 mn funding for Kakao Mobility
The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...
Jun 10, 2021 (Gmt+09:00)
AI edtech startup Buzzvil readies for 2022 listing; hires IPO manager
South Korea-based artificial intelligence startup Buzzvil is preparing to make a trading debut on the country’s junior bourse Kosdaq in the th...
Jun 09, 2021 (Gmt+09:00)
Korea FoF manager widens offshore VC pool into UAE, Vietnam
The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...
Jun 08, 2021 (Gmt+09:00)
Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains
South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...
Jun 07, 2021 (Gmt+09:00)
NPS gains timberland, Europe tech exposure in Q1
The National Pension Service has gained exposure to timberland and the European mid-market tech sector in the first quarter of this year, adding two...
Jun 07, 2021 (Gmt+09:00)
ADT Caps hires IPO managers to speed up 2021 listing
ADT Caps Co., South Korea's No. 2 security services provider, has appointed Morgan Stanley, Credit Suisse and NH Investment & Securities Co. to ...
Jun 04, 2021 (Gmt+09:00)
Citibank alludes to S.Korean retail business closure
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
Jun 04, 2021 (Gmt+09:00)
Shinhan REITs poised to buy Amazon logistics center
South Korea's Shinhan REITs Management Co. is poised to invest $93 million to buy a pre-completed fulfillment center in New Mexico, under a long-ter...
Jun 04, 2021 (Gmt+09:00)
Samsung Heavy launches $900 mn rights issue process
Samsung Heavy Industries Co. has begun the process to raise 1 trillion won ($900 million) in a rights offering, in what is set to be its first share...
Jun 01, 2021 (Gmt+09:00)