KB Financial units invest $103 mn in Spain hotel portfolio-backed debt

KB Asset Management Co. Ltd. and other units of South Korea’s top banking group KB Financial Group co-invested 90 million euros ($103 million) in a se...

[Interview] UK senior facilities likely to offer strong return: Octopus Investments

The UK retirement property market will create investment opportunities of up to $70 billion over the next 10 years and may yield double-digit return...

KKR, NPS to invest $700 mn in $1.9 bn Seoul real estate project

Private equity firm KKR & Co and South Korea’s National Pension Service (NPS) will make an equity investment of 800 billion won ($704 million) in ...

NPS co-invests in Morgan Stanley fund’s US energy firm purchase

The National Pension Service (NPS) has poured around $100 million into a co-investment led by a Morgan Stanley fund to acquire units of a US shale gas...

Shinhan Alternative invests $300 mn in debt on Brooklyn office complex

Shinhan Alternative Investment Management Inc. has invested $300 million in mezzanine debts against Dumbo Heights, an office campus in Brooklyn, on be...

NH Investment named as preferred buyer of Seoul Square in $873 mn deal

NH Investment & Securities Co. Ltd. was chosen as the preferred buyer for a landmark Seoul office building, according to the South Korean brokerag...

Daishin Securities to invest $110 mn to buy two Manhattan buildings

Daishin Securities Co. Ltd., a small-sized South Korean brokerage firm, is set to buy two buildings in Manhattan with an equity investment of 122.7 bi...

Alpha Investment in talks to sell Seoul building for over $850 mn

Singapore-based Alpha Investment Partners is in negotiations with Hana Financial Investment Co. Ltd. to sell a landmark office building across S...

Hanwha Asset invests $44 mn in Tokyo hotel-backed mezzanine debt

Hanwha Asset Management Co. Ltd. has made its first direct investment in Japan’s commercial property market by underwriting 49.8 billion won ($44 mill...

NPS’ global PE head promoted to lead global alternative investment

Hyung-Don Choe, global private equity head of the National Pension Service (NPS), was promoted on August 1 to lead the pension fund’s global...

KTCU, Mirae Asset to invest $143 mn in debt on Blackstone's power plant: report

The Korean Teachers’ Credit Union (KTCU) and three units of Mirae Asset Financial Group will invest a combined 160 billion won ($143 million) in senio...

NPS sees 2 deputy CIO job creations in investment dept reorganization

The National Pension Service (NPS) is considering creating two positions of deputy chief investment officers, one of whom will lead domestic and globa...

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...

Korean funds invest $62 mn to buy Philadelphia building: report

The Construction Workers Mutual Aid Association (CWMA) and other South Korean institutional investors have invested 70 billion won ($62 million) to bu...

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...

NH Investment-backed REIT likely to buy Samsung Town building

A South Korean real estate investment trust firm sponsored by NH Investment & Securities Co. Ltd. was picked as a preferred buyer of Samsung C&...

Meritz Real arranges $45 mn debt investment in Carlyle’s LA studio

Meritz Real Estate Asset Management Co. Ltd. has completed a $45 million investment in a three-year senior debt on the Carlyle Group-owned Manhattan B...

NH Investment provides $235 mn financing to US gas power plant

NH Investment & Securities Co. Ltd. has underwritten a $200 million senior debt and a $35 million equity interest for the construction of a natura...

Korea Investment seals $266 mn City of London property deal

Korea Investment & Securities Co. Ltd. has acquired a 15-story office building in the City of London for £200.5 million ($266 million), taking adv...

KTB Asset invests $90 mn in mezzanine debt on InterContinental Boston

KTB Asset Management Co. Ltd. has invested $90 million in a mezzanine debt on InterContinental Boston, participating in a $265 million refinancing pac...

NPS, KTCU pour $100 mn into healthcare co-investments

The National Pension Service (NPS) has put around 100 billion won ($93 million) into an equity stake in Dental Corporation, Canada’s largest net...

[ASK 2018 SUMMIT Panel Talks] NPS mulls investing in single hedge fund

The National Pension Service (NPS) is studying investing in a single hedge fund and the Korea Investment Corporation (KIC) will switch towards small-s...

[ASK 2018 SUMMIT Panel Talks] Korean LPs seek riskier private debt investment

Major South Korean institutional investors plan to raise exposure further to credit investments in search of steady cashflows and expect to see more i...

Korea Investment buys US office buildings of eBay and GSK for $260 mn

Korea Investment & Securities Co. Ltd. has bought a Silicon Valley campus of eBay Inc. for 140 billion won ($130 million), shortly after closing t...

[ASK 2018 SUMMIT] NPS to boost direct alternative investment via overseas offices: CEO

The National Pension Service (NPS) will improve the role of its overseas offices in New York, London and Singapore to increase direct investment in al...

Hyundai co-invests in $275 mn property near Paris with French firm

Hyundai Investments Co. Ltd. has completed the €235 million ($275 million) acquisition of a seven-story office building in the Paris metropolitan area...

KTB Asset invests in refinanced loan on Union Station

KTB Asset Management Co. Ltd. has invested an undisclosed amount in a debt secured on Union Station in Washington D.C. on behalf of three South Korean...

StepStone collects $90 mn from Korean LPs for PDF, co-investment

New York-based StepStone Group has raised $90 million in commitments from three South Korean institutional investors since the start of this year, inc...

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...

Mirae Asset invests $300 mn in senior debt on Hong Kong skyscraper

Mirae Asset Daewoo Co. Ltd. has invested $300 million in a senior debt issued to finance the $5.2 billion acquisition of The Center, a landmark skyscr...