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...

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...

POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt

The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...

POBA mulls JV launch with global pension funds for alternative investment

The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...

Malaysia pension fund buys Korean logistics center for $70 mn: report

Malaysia’s Employees Provident Fund (EPF) has closed the acquisition of a logistics center near Seoul for around 75 billion won ($67 million) in its f...

Korea Post buys $600 mn US building jointly with California pension fund

Korea Post has signed a 680 billion won ($602 million) agreement to buy a Silicon Valley office campus used by a leading cybersecurity company in join...

Teachers’ Pension announces new overseas alternative investment head

The Korea Teachers’ Pension on April 24 named its domestic alternative investment head Young-sin Jeong as new head of overseas alternative investments...

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...

KIC, Teachers’ Pension to invest in US warehouse fund, first since joint work agreement

Korea Investment Corporation (KIC) and the Teachers’ Pension will invest in a U.S. warehouse portfolio fund for an undisclosed sum, in their first joi...

HPS, Crescent Capital win Korean pension fund’s $100 mn PDF mandates

The Government Employees Pension Service (GEPS) will commit $50 million to U.S.-based HPS Investment Partners and Crescent Capital Group each for over...

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...

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...

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, ...

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...

KIC sees regulation change to qualify KIC, Korean pension funds managers for CIO job

Korea Investment Corporation (KIC) has recently asked the finance ministry to revise part of regulations governing the sovereign wealth fund in order ...

[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...

NPS’ 2015 return beats key foreign pension funds; to take passive equities strategy

The National Pension Service’s (NPS) investment return dipped to 4.57% in 2015, but its performance outstripped those of other top five pension funds ...

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...