NPS, CIC joint fund invests in A$9.7 bn Australian port deal

South Korea’s National Pension Service (NPS) has invested A$500 million in a deal of securing a 50-year-lease on Australia’s biggest container and car...

Samsung’s investment firm to set up $270 mn US property mezzanine fund

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 ...

US rate hike talk alters Korean fund’s US property investment strategy

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...

Korean public officials’ fund to invest $40 mn in cat bonds

The Public Officials Benefit Association (POBA), a savings fund for South Korean public officials, will select about two management firms to commit $4...

Korea Teachers’ Pension to invest $100 mn in Crescent Capital mezzanine fund

The Teachers’ Pension of South Korea will commit $100 million to a North America-focused, blind mezzanine fund to be launched by U.S.-based Crescent C...

Competition for NPS investment division’s new hires at its lowest

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

TPG picks son of ex-Samsung vice chairman to lead Korea investment

TPG named Sanghoon Lee, an ex-Morgan Stanley executive and elder son of a former Samsung Electronics vice chairman and CEO, as the head of its South K...

[RFP] Korea Post invites bids for $450 mn US first mortgage co-investment

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...

[RFP] Korea Post seeks 3 management firms for overseas CLO investment

Korea Post’s savings unit announced a request for proposal on August 17 to select three asset management houses that will be in charge of setting up s...

Korea’s public pension funds to explore joint overseas, alternative investment – fin ministry

South Korea’s public pension funds, including the National Pension Service (NPS) and pension schemes for government officials and military personnel, ...

Ex-NPS investment strategy head to lead non-equity portfolios of Korean asset firm

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...

What makes Korean asset owners hesitate to invest in hedge funds?

The National Pension Service (NPS) has kicked off its first investment in hedge funds by choosing two fund of funds managers to entrust a total of $1 ...

Korea’s GEPS CIO says to invest fresh $375 mn in alternatives in 2016

South Korea’s Government Employees Pension Service (GEPS), managing $6 billion of assets, will make an additional investment of about 430 billion won ...

[Editor’s Note] Frustrated at shrinking returns, investment money are flowing out of Korea

Unlike the U.S. Fed’s quantitative easing program that had boosted U.S. equity markets for more than six years from 2009, the Bank of Korea’s five pol...

Blackstone, Pomona win mandates for Korea GEPS’ $100 mn investment

South Korea’s Government Employees Pension Service (GEPS) has awarded $50 million mandates each to Blackstone and Pomona Capital for global secondary ...

Korea funds seek investment experts from outside; CIOs chair review committees

The Public Officials Benefit Association (POBA) has replaced the head of its investment review committee recently with the Chief Investment Officer Do...

Korea police fund to invest $87 mn in blind funds

The Police Mutual Aid Association of South Korea will post a public notice of a request for proposals this week to commit 100 billion won ($87 million...

China Minsheng Investment to invest in SK Planet

China Minsheng Investment Group, China's largest private-sector investment firm, is mulling an investment of 1.3 trillion won (US$1.13 billion) in Kor...

[Korean Money Going Abroad] Korea insurers up overseas investments, eyeing foreign asset managers

South Korean insurance companies have been raising investments in overseas investments by more than 50% since the start of this year and also consider...

[Korean Money Going Abroad] NPS to slash net increase in Korean stock investment by 95% in 2017

South Korean investors, led by the National Pension Service (NPS), have been ramping up overseas investments while trimming domestic portfolios, a mov...

[Interview] World Bank’s new investment head calls for review of investment period, risk limit

Incoming World Bank’s director of the investment management division, Heung-sik Choo, said that the international financial institution, which man...

[Interview] S.Korea military fund set to invest in offshore blind VC funds from 2017

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion military savings fund, is planning to invest in offshore blind-pool venture capit...

POBA CIO says studying catastrophe bond investment for about $25 million

South Korea’s Public Officials Benefit Association (POBA) is considering investing about $17 million to $25 million in catastrophe bonds, also known a...

[Interview] Korea savings fund for small business owners mulls offshore blind fund investment in 2016

South Korea’s Yellow Umbrella Mutual Aid is flexing its muscle to expand overseas alternative assets, including blind funds, in line with a rapid ...

POBA to pick 2 global infrastructure fund firms in June for $85 mln investment – report

South Korea’s Public Officials Benefit Association (POBA), a savings fund for local public officials, plans to select two offshore infrastructure inve...

[RFP] Korea Post seeks global managers for U.S., Canada real estate investment

- Deadline to submit proposal is May 30, 2016; Final selection set for July 1, 2016 Korea Post announced a request for proposal on May 23 for its u...

[RFP] Korea Post seeks fixed-income managers for U.S. corporate bond investment

- Proposal submission due by June 7, 2016; final selection set for July 2016 - To pick 2 firms for publicly-offered funds with minimum $300 mln AUM...

[ASK 2016 SUMMIT] NPS, KIC see gradual increase in hedge fund investment

- NPS says its strict transparency requirement may deter talented GPs; to adopt flexible approach to solve the problem - KIC to make the best of he...

Global PEFs in bidding for GEPS’ $100 million overseas secondary fund investment

- GEPS to make 2nd commitment to global secondary PEF since 2014; investment size to triple - To pick 2 GPs by mid-June to commit $50 million, resp...

Korean TV stars tipped to reap windfall from IPOs

A series of South Korean entertainment companies' public listings will likely create windfalls of up to tens of million dollars for Korean TV stars, i...