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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
NPS’ nagging concerns: talent shortage, slow alternative asset growth
With an aim to bolster its alternative portfolio, the National Pension Service has taken bold new steps over the past few years, including launching...
NPS to invest in Silver Lake’s $20 bn tech fund
The National Pension Service has decided to invest in a $20 billion technology fund that Silicon Valley-based Silver Lake Partners recently closed, ...
Lotte Chem ready to bid for JSR’s synthetic rubber business
South Korea’s Lotte Chemical Corp. has completed due diligence on the synthetic rubber operation of JSR Corp., put up for sale by the Japanese...
Lotte Rental resumes IPO process; seeks $1.8 bn valuation
South Korea’s leading rental car company Lotte Rental Co. has resumed its initial public offering process, despite having earlier postponed ...
NPS divides global securities division into equity, fixed income
The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...
NPS commits $450 mn to Stonepeak, Macquarie infra funds
The National Pension Service has committed a total of $450 million to two North America-focused funds launched by Stonepeak Infrastructure Partners ...
NPS boosts holdings in parts, materials, leisure stocks
The National Pension Service has raised exposure to parts, materials and leisure stocks in South Korea that had underperformed the broader markets, ...
Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business
Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...
NPS to veto Korean Air's acquisition of Asiana Airlines
The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...
NPS mandates Russell to invest $1 bn in listed real estate
The National Pension Service has mandated Russell Investments to invest $1 billion in listed real estate companies or real estate investment trusts ...
NPS set to post 7% return on investment for 2020 amid pandemic
South Korea’s state pension fund is expected to post a 7% return on investment this year on the back of rebounding stock markets amid the COVI...
NPS, Korea Post back JKL Partners' $687 mn PE fund
South Korea's JKL Partners has closed a 750 billion won ($687 million) private equity fund, backed by the National Pension Service, Korea Developmen...
Korean investors buy Dutch logistics center using drones and smartphones
South Korea’s Kiwoom Securities Co. has acquired a new logistics center in the Netherlands for 180 billion won ($165 million) this year, relyi...
NPS, Hines set up $1.5 bn build-to-core strategy JV
The National Pension Service has set up a $1.5 billion joint venture with the US-based real estate investment firm Hines for a build-to-core portf...
NPS-Allianz $2.3 bn fund seeks to buy stake in Singapore tower
The National Pension Service and Germany’s Allianz SE are in negotiations to jointly buy a 50% stake in OUE Bayfront, a Grade A office t...
NPS acquires $2 bn US logistics portfolio with Stockbridge
The National Pension Service has teamed up with the US-based Stockbridge Capital Group to acquire a $2 billion portfolio of logistics facilities in ...
NPS adds KKR, two global alternatives managers in Q3
The National Pension Service has added KKR and Sydney-based Scape Australia Management to its pool of 54 global real estate investment managers in...
NPS set to up pressure on spicy Korean ramen exporter
The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...
NPS dumps $265 mn LG Chem shares after spin-off announcement
The National Pension Service, the No. 2 shareholder in South Korea's LG Chem Ltd., has sold off around 300 billion won ($265 million) worth of shares ...
KIC, NPS to boost customized hedge fund investments
South Korea's sovereign wealth fund, Korea Investment Corp. (KIC), and the National Pension Service are looking to boost hedge fund investment through...
