new US foundry head

South Korean brokerage firms, on the buying spree of US and European real estate, will roll out public real estate funds in the coming months to sell ...

South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. will commit around 60 billion won and 70 billion won ($50~58 million) to a domestic real es...

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

South Korea’s Meritz Securities Co. Ltd. has abandoned plans to acquire about 40 stores of Walmart Stores Inc. in southern states of the U.S. for $500...

South Korea’s National Pension Service (NPS) appointed Soo-Cheol Lee, who leads domestic alternative investments, as the new head of the pension fund’...

Gas-fired power plants in the pipeline in northeast U.S. states are expected to attract South Korean institutional investors in search of 5~6% annual ...

Mirae Asset Financial Group has recently submitted a letter of intent to buy a prime office building worth $300 million in San Francisco which financi...

The National Pension Service’s (NPS) investment strategy head, Young-Sig Yang, has recently tendered a resignation and was appointed as the private eq...

PGIM Inc. a unit of U.S. Prudential Financial Inc., will acquire an office building in central Seoul for 184 billion won ($157 million) from a South K...

Korea Investment Corporation (KIC) and the country's Local Finance Association will invest a total of 153 billion won ($130 million) in U.S. mezzanine...

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...

South Korean life and non-life insurance firms will provide about $240 million worth of senior financing for a historic 10-story office building in Wa...

The Carlyle Group has been left as the sole bidder for the South Korean operations of McDonald’s, after a local dairy which had teamed up with the U.S...

South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...

The Korean Teachers’ Credit Union (KTCU) will commit $50 million to a blind-pool fund that Neuberger Berman is in the process of raising, and other So...

The Public Officials Benefit Association (POBA) has selected Crescent Capital Group, Falcon Private Equity and GoldPoint Partners to invest a total of...

Keymen of major South Korean institutional investors, including the National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post,...

(Updated to clarify the fund-raising is still underway, based on a comment from a source with knowledge on the matter) KB Asset Management, a unit ...

A property investment arm of the Samsung Group will raise 300 billion won ($270 million) from South Korean insurance companies and pension funds in a ...

The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...

Korea Electric Power Corp. (KEPCO) has signed an agreement to buy a U.S. solar power plant from private equity firm Carlyle Group for $35 million, in ...

South Korea’s National Pension Service (NPS) has drawn slightly over 200 applicants for about 30 positions opened at its fund management division, hit...

Korea Post’s savings unit is seeking three global real estate fund managers to make joint investments in first mortgages of U.S. commercial assets for...

South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...

South Korean insurance firms and other institutions have committed a total of $250 million to a local fund set up to provide senior loans to Newark En...

ING Life Insurance, fisheries cooperatives and a college fund in South Korea will put a total of $80 million into a fund run by USAA Real Estate Compa...

Samsung Securities and Samsung SRA Asset Management will acquire Commerzbank Tower, the headquarters of Commerzbank and the landmark of Frankfurt, at ...

National Pension Service (NPS), Korea Investment Corporation (KIC) and a South Korean insurer are considering putting a combined $370 million into a r...

A former investment strategy head of the National Pension Service (NPS), Yoon-pyo Lee, will move to South Korea’s Truston Asset Management Co. Ltd. ne...

The National Pension Service (NPS) appointed its domestic alternative division head, Sang-Hyun Yoo, as the new head of the global alternative division...