SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups

SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...

[RFP] Construction workers’ fund to commit $25 mn to global infra debt fund

The Construction Workers Mutual Aid Association (CWMA) plans to commit $25 million to a global infrastructure blind-pool fund investing in senior or m...

AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea

Twenty-four South Korean institutional investors, including the National Pension Service, the Korean Teachers’ Credit Union and the Public Offic...

Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant

Mirae Asset Global Investments Co. Ltd. will provide $425 million in equity and debt financing for the acquisition of a desalination plant in San Dieg...

Korean funds shelve Japan alternative investment on sour relations

South Korean institutional investors, including the National Pension Service, have put on hold new alternative investments in Japan due to soured rela...

POBA to form $750 mn joint property fund with Danish pension fund

The Public Officials Benefit Association (POBA) will launch a joint fund worth about 900 billion won ($753 million) with a Danish pension fund to inve...

KTCU, SK Holdings to launch $1 bn fund for global co-investment

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint fund with South Korea’s SK Holdings Co. Ltd. to make cross-border investme...

[RFP] POBA to commit $250 mn to US, Asia-focused private debt funds

The Public Officials Benefit Association (POBA) plans to commit $250 million to five private debt funds focusing on mid-cap companies in North America...

Korean fund to lend $423 mn for Canada’s supertall construction

IGIS Asset Management Co. Ltd. has collected C$560 million ($423 million) from South Korean financial institutions to lend for The One building, a mix...

Samsung Sec to cooperate with Canada pension fund for infrastructure deals

Samsung Securities Co. Ltd. has signed a preliminary agreement with Canadian pension scheme La Caisse de dépôt et placement du Québec (CDPQ) to cooper...

Teachers’ Pension picks as CIO ex-Ascendas-Singbridge Korea head

South Korea’s Teachers Pension said on Sept. 5 that it has chosen as chief investment officer Kyuhong Lee, ex-CEO of Ascendas-Singbridge Korea, a Sing...

KEPCO unit-German fund buys Sweden’s wind project for $300 mn

Korea Midland Power Co. Ltd., a unit of South Korea’s utility giant KEPCO, has acquired a wind power project in Sweden in a consortium with a German p...

Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office

Kiwoom Asset Management Co. Ltd. plans to raise 50.7 million euros ($56.2 million) from individual investors in South Korea in August to buy an of...

KB Investment joins $134 mn funding for Swiss biotech venture

KB Investment Co. Ltd., the venture capital arm of KB Financial Group, has invested $10 million in a Swiss biotech start-up firm which recently raised...

Carlyle’s new credit fund draws $200 mn from Korea

Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...

Hana Fin, CIC to set up $1 bn Korea-China cooperation fund

Hana Financial Group will set up a joint fund with China Investment Corp. (CIC) to invest in companies seeking to penetrate each other’s markets, with...

Korea’s 1st logistics public fund unveiled for Amazon’s Europe facilities

IGIS Asset Management Co. Ltd. has launched South Korea’s first public fund investing in logistics centers, targeting to raise up to 245 billion won (...

Credit Suisse-led fund buys Korean logistics centers for $104 mn

A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...

MMAA commits $40 mn to Oaktree Capital’s special situations fund

The Military Mutual Aid Association (MMAA) has committed $40 million to Oaktree Capital Management’s Asia-focused special situations fund which report...

Public fund of $118 mn launched for Luxemburg building

Korea Investment Management Co. plans to raise 104 million euros ($118 million) from individual investors in June to fund its 275-million-euro purchas...

Korean PEF provides $100 mn funding for KKR’s US buyout

South Korea’s new private equity firm Tiger Alternative Investors has provided $100 million in debt funding for KKR’s $1.32 billion acquisition of Ken...

KIC picks Teachers’ Pension CIO as new chief investment officer

Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...

Korean military fund invests in UK motorway service chain

The Military Mutual Aid Association (MMAA) has invested 40 billion won ($34 million) to buy a minority stake in Welcome Break, the UK’s second biggest...

[ASK 2019 SUMMIT Panel Talks] Korean LPs call for more hedge fund communications

Korea Post and Kyobo Life Insurance Co. Ltd., the third-largest life insurer in South Korea, remain cautious about increasing exposure to hedge funds,...

[ASK 2019 SUMMIT] NPS to allocate $2 bn to single hedge funds in 2019

The National Pension Service (NPS) will allocate $2 billion to single-manager hedge funds this year in its first direct investment in hedge funds, whi...

Korean LPs to lend $672 mn to Goldman Sachs’ credit fund

Mirae Asset Daewoo Co. Ltd. and seven institutional investors in South Korea will provide a senior loan of 600 million euros ($672 million) to Goldman...

Daishin Asset unveils $68 mn public fund for Tokyo office purchase

Daishin Asset Management Co. Ltd. has launched a public fund to raise up to 80 billion won ($68 million) to fund its $180 million purchase of a Tokyo ...

Korea scientists fund appoints new CIO for two-year term

The Korea Scientists and Engineers Mutual-aid Association (SEMA) has appointed Sungmoo Huh, a former alternative investment and strategy head of Seoul...

POBA to up co-investment with CalSTRS, Texas pension fund

The Public Officials Benefit Association (POBA) will double co-investment with the California State Teachers’ Retirement System (CalSTRS) to 880 billi...

Anbang’s Korean arm to commit $44 mn to US real estate debt fund: report

ABL Life Insurance Co. Ltd., a South Korean arm of China’s Anbang Insurnce Group, has decided to commit 50 billion won ($44 million) to Madison Realty...