Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Korean game platform seeks $323 mn IPO in non-contact business boom

Kakao Games Corp., a unit of South Korea’s top mobile messaging app operator, is seeking to raise up to 384 billion won ($323 million) from an i...

Korean investors quickest to jump into new TALF fund: EMP Belstar

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...

Hyundai, Hankook Tire may rebuild relations with new test-driving center

Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...

Money flows into alternative funds slow; regulator to up monitoring

Capital inflows into alternative investment funds in South Korea have slowed sharply so far this year compared with a year earlier due to coronavirus,...

Korean funds hold off new midstream project investments

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

KIC to boost startup investment with new San Francisco office

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

Korean brokerages invest in Heathrow’s new runway project

Mirae Asset Daewoo Co. Ltd. and Korea Investment & Securities Co. Ltd. have provided a combined $434 million debt on the construction of Heathrow ...

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...

Sale of Korean game firm cancelled in lack of strategic buyers

The planned sale of the parent company of South Korea’s biggest online gaming firm Nexon Co. Ltd., was abruptly cancelled after it failed to narrow th...

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 firms underwrite $298 mn debt on new US gas plant

Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...

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...

[Interview] KTCU’s new CIO says to boost equity investments

The Korean Teachers’ Credit Union (KTCU) will aggressively seek equity-type investments such as stocks and private equities for extra returns wi...

KTCU appoints new CIO; POBA’s CIO to enter second term

The Korean Teachers’ Credit Union (KTCU) has appointed its corporate finance department head Ho Hyun Kim as chief investment officer, succeeding Sung-...

NPS names ex-equity division head as new CIO

The National Pension Service (NPS) appointed Hyo-Joon Ahn, former head of global public market and domestic equity divisions of the $565 billion pensi...

Vietnam’s Vingroup raises $400 mn from new stock sale to Hanwha Asset

Vingroup JSC, Vietnam’s largest conglomerate, has issued convertible preferred shares to raise $400 million in a private placement to South Korea’s Ha...

ADIA seeks to exit Seoul office building as new supply fuels competition

Abu Dhabi Investment Authority (ADIA) will put a 14-story office building in Seoul up for sale, in a deal expected to fetch between 550 billion and 60...

NPS tipped to buy Goldman Sachs’ new Europe HQ for over $1 bn

  The National Pension Service (NPS) has been recently picked as the preferred buyer of Goldman Sachs’ new European headquarters in London, ...

NPS appoints investment strategy head as new acting CIO

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

NPS says in bidding for Goldman Sachs’ new London head office

The National Pension Service (NPS) confirmed its bid for Goldman Sachs’ new headquarters in London, after media reports said that the South Korean pen...

KDB Bank, NH Investment underwrite $30 mn debt on Teekay’s new vessels

South Korea’s state-run lender KDB Bank and NH Investment & Securities Co. Ltd. have underwritten a $15 million subordinated debt each to partiall...

NPS tipped to restart CIO selection process in hunt for new candidates

The National Pension Service (NPS) has failed to choose a chief investment officer from 16 applicants and is likely to restart the selection process f...

KEB Hana arranges $280 mn loan to Ritz-Carlton New York’s top owner

KEB Hana Bank has arranged a $280 million syndicated loan to the biggest owner of the Ritz-Carlton hotel in Manhattan from a pool of South Korean fi...

Korea teachers fund allocates $1 bn for new global alternatives in 2018

The Korean Teachers’ Credit Union (KTCU) plans to invest an additional 1.1 trillion won ($1 billion) in overseas alternative assets in 2018, out of th...

Blackstone, Korea Post among bidders for $1 bn new office tower in Seoul

Twin office towers under construction in Seoul, worth an estimated 1.1 trillion won ($1 billion), have attracted Blackstone Group, Korea Post and five...

Mirae Asset close to buying Carrefour-leased new logistics center in Poland

Mirae Asset Global Investments Co. Ltd., a leading South Korean asset manager, is close to acquiring a new logistics center in Poland for an estimated...

Mirae Asset’s unit buys Morgan Stanley’s new Scotland head office building

Multi Asset Global Investments Co. Ltd., wholly owned by South Korea’s Mirae Asset Global Investments Co. Ltd., has acquired Morgan Stanley’s new head...

[ASK 2017 SUMMIT] KIC CIO shrugs off high valuation talk; seeks new approach

Korea Investment Corporation’s (KIC) Chief Investment Officer Shinwoo Kang said the sovereign wealth fund is seeking transformative ideas to make them...

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...