nps lotte tour
Scope
Date
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E-commerce
Shinsegae inches closer to eBay Korea purchase; deal remains elusive
Shinsegae Group has inched closer to a deal to acquire eBay Korea that would see the South Korean retail giant emerge as an e-ecommerce behemoth wit...
Jun 14, 2021 (Gmt+09:00)
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Venture capital
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)
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E-commerce
Lotte vs Shinsegae: eBay Korea becomes battleground for retail showdown
The tussle over the acquisition of eBay Korea is now down to two heavyweight contenders. South Korea’s retail titans Lotte Group and Shinsegae...
Jun 07, 2021 (Gmt+09:00)
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Artificial intelligence
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)
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Hydrogen economy
SK, Lotte to set up hydrogen JV within 2021
South Korea’s major conglomerates SK Group and Lotte Group have joined hands to strengthen their foothold in the fast-growing hydrogen sector....
May 31, 2021 (Gmt+09:00)
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IPOs
Lotte Rental kicks off $360 mn IPO process, seeks $1.8 bn valuation
South Korea’s leading rental car company Lotte Rental Co. has kicked off an initial public offering process to raise some 400 billion won ($36...
May 31, 2021 (Gmt+09:00)
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ESG
NPS adopts limited negative screening on high emitters
South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development projects both at home ...
May 28, 2021 (Gmt+09:00)
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Artificial intelligence
NPS, KIC commit $600 mn to N.America logistics fund
The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...
May 28, 2021 (Gmt+09:00)
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Pension funds
NPS to take longer-term approach to asset allocation
The National Pension Service is planning to build an investment portfolio with a longer-term perspective for a period of at least 10 years, shifting...
May 26, 2021 (Gmt+09:00)
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Buyout funds
KKR's flagship fund attracts $400 mn from NPS, Korea Post
KKR & Co. has attracted a combined $400 million from the National Pension Service and Korea Post for its latest flagship fund that raised $18.5 ...
May 21, 2021 (Gmt+09:00)
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Hydrogen economy
Lotte Chem in hydrogen deal with Air Liquide, invests $185 mn in materials
South Korea’s Lotte Chemical Corp. is diversifying into electric vehicle raw materials and hydrogen businesses as new growth drivers, moving a...
May 20, 2021 (Gmt+09:00)
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Korean Investors
Military Mutual picks ex-Lotte Non-Life CIO as investment chief
The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...
May 17, 2021 (Gmt+09:00)
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ESG
NPS shelves plan for negative screening on high emitters
The National Pension Service has shelved a plan to introduce negative screening on coal mines and relevant businesses in an aim to build a low-carbo...
Apr 30, 2021 (Gmt+09:00)
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Construction & Planning
Lotte Chem eyes global EOA leadership with capacity expansion
Lotte Chemical Corp. plans to further expand the production line for ethylene oxide adduct (EOA), a specialty material used in the construction indu...
Apr 27, 2021 (Gmt+09:00)
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Pension funds
NPS aims to lure young talent with enticing package, programs
The National Pension Service has offered an attractive on-the-job training package, including education programs to aid new hires in getting an MBA ...
Apr 26, 2021 (Gmt+09:00)
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Pension funds
NPS bows to pressure to up domestic equity ceiling
The National Pension Service has bowed to pressure from retail investors to raise the upper limit for domestic stock purchases, after it was blamed ...
Apr 09, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SK Tel, Shinsegae, Lotte, MBK make the cut in eBay Korea deal
Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the deal estimated at aroun...
Mar 29, 2021 (Gmt+09:00)
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Portfolio readjustments
NPS under fire over rule change to raise domestic stock purchase limit
South Korea’s National Pension Service (NPS) came under fire over its expected rule change aimed at raising the upper limit for domestic stock...
Mar 25, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Lotte buys S.Korea’s top secondhand e-commerce platform
South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s l...
Mar 23, 2021 (Gmt+09:00)
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Bio business
Lotte advances into bio business, to acquire stake in Enzychem
South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake in Enzychem Lifescie...
Mar 23, 2021 (Gmt+09:00)
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Pension funds
NPS makes strategic investment in BC Partners with Blackstone
The National Pension Service has made an investment in BC Partners by acquiring a stake in the UK private equity firm through a Blackstone fund, acc...
Mar 22, 2021 (Gmt+09:00)
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Pension funds
NPS commits $500 mn to Blackstone life science property fund
The National Pension Service has committed $500 million to Blackstone's new life science real estate fund that is expected to raise over $12 billion...
Mar 17, 2021 (Gmt+09:00)
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IPOs
SK Bioscience attracts NPS, GIC in successful bookbuilding
South Korea-based SK Bioscience Co. has successfully concluded the bookbuilding for its initial public offering, attracting institutional investors ...
Mar 05, 2021 (Gmt+09:00)
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Pension funds
NPS beefs up investments in growth PEFs in 2020
The National Pension Service boosted investments in private equity deals involving high-growth internet and software companies last year, while dive...
Mar 02, 2021 (Gmt+09:00)
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Pension funds
NPS may shed extra $21 bn in Korean stocks to cut exposure
The National Pension Service remains overexposed to South Korean stocks even after its 42-day consecutive net selling, and the world's third-largest...
Mar 02, 2021 (Gmt+09:00)
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Pension funds
NPS adds APG, IFM Investors, Thoma Bravo as managers in Q4
The National Pension Service (NPS) has entrusted funds to three overseas alternative investment firms newly hired in the fourth quarter of last year...
Mar 01, 2021 (Gmt+09:00)
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Pension funds
NPS begins process to venture into multi-asset investments
South Korea’s National Pension Service (NPS) has begun a process to initiate multi-asset investment as part of an effort to create higher retu...
Feb 26, 2021 (Gmt+09:00)
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Pension funds
NPS inks over $20 bn in overseas alternative investments via partnerships
The National Pension Service (NPS) signed new contracts worth around 23 trillion won ($20.1 billion) abroad in alternative investments last year, de...
Feb 25, 2021 (Gmt+09:00)
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Pension funds
NPS posts near 10% returns for second straight year
The National Pension Service (NPS) has reported a provisional return rate of 9.7 percent in 2020, marking the second time for the South Korean pensi...
Feb 24, 2021 (Gmt+09:00)
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Alternative investments
NPS makes first investment in timberland via UK fund
The National Pension Service has committed $150 million to London-based Stafford Capital Partners in its first investment in timberland, land availa...
Feb 18, 2021 (Gmt+09:00)
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