Daishin Asset unveils $68 mn public fund for Tokyo office purchase

Daishin Asset Management Co. Ltd. has launched a public fund to raise up to 80 billion won ($68 million) to fund its $180 million purchase of a Tokyo ...

[RFP] Korea Post seeks direct lending debt managers for $200 mn mandate

Korea Post’s insurance unit plans to select two global private debt managers to invest $200 million in direct loans, it announced on April 15. Qualif...

Korea Investment launches $50 mn retail fund for Milan office purchase

Korea Investment & Securities Co. Ltd. is seeking to raise 55 billion won ($49 million) from individual investors to fund its 124 billion won ($11...

IGIS Asset closes $110 mn purchase of Nestle's Spanish head office

IGIS Asset Management Co. Ltd. has acquired an office building in Barcelona used as Nestle Corporation's Spanish headquarters for 95.6 million euros (...

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...

KTB completes $160 mn office building purchase at Brussels Airport

KTB Investment & Securities Co. Ltd. has bought a new office building within the Brussels Airport complex for around 180 billion won ($160 million...

[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...

KTCU invests $71 mn in TH Real Estate-led purchase of China outlet malls

The Korean Teachers’ Credit Union (KTCU) has invested 77 billion won ($71 million) in a fund of TH Real Estate which acquired two premier outlet malls...

Korean building materials firm seals 4th US hotel purchase for $87 mn

South Korea’s construction materials company, Aju Group, closed a $87 million acquisition of a hotel near Seattle from Marriott International Inc. las...

LaSalle develops its first logistics facility in Korea; sees more land purchases

LaSalle Investment Management has built a four-story logistics warehouse near Seoul, its first development of a storage facility in South Korea, and...

Korean hedge fund house co-invests in $40 mn Florida building purchase

South Korea’s small hedge fund company Anda Asset Management Co. Ltd. has invested $8 million in a $40 million joint acquisition of a four-story offic...

[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setti...

Korea scientists’ fund in push for co-investments in overseas assets: report

Korea Scientists and Engineers Mutual-aid Association (SEMA) will commit about 20 billion won ($18 million) to a fund of Morgan Stanley Energy Partner...

Teachers’ Pension announces new overseas alternative investment head

The Korea Teachers’ Pension on April 24 named its domestic alternative investment head Young-sin Jeong as new head of overseas alternative investments...

[Interview] Hana Asset bets on retail demand for overseas real estate

The asset management unit of South Korea’s Hana Financial Group is preparing to launch two new public funds investing in overseas real estate, betting...

Korea's POBA in screening overseas PEF managers to commit $300 mn

The Public Officials Benefit Association (POBA) is screening investment proposals from overseas private equity fund managers to entrust a combined $30...

Korea to ease capital reserve rules for insurers’ overseas infrastructure assets

South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as J...

NPS’ 2016 overseas alternative investment return drops to 12.34%

Overseas alternative investments remained the best-performing segment for South Korea’s National Pension Service (NPS) for the third consecutive year ...

[Interview] Mirae Asset Life eyes US power plants, buildings to boost overseas investment

(This is the first in a series of interviews with CIOs of South Korea’s leading insurance companies in 2017.) Mirae Asset Life Insurance Co. Ltd., ...

NPS to empower overseas offices to speed up cross-border deals

The National Pension Service (NPS) has announced a plan to give its foreign offices more authority so that they can propose investment ideas directly ...

Blackstone may inject $200 mn into Korea fund for 6~7 logistics center purchase

The Blackstone Group L.P. is understood to commit about $200 million to a South Korean fund to finance its 70 billion won ($59 million) acquisition of...

Korean funds mull $260 mn mezzanine financing for Brookfield’s IFC Seoul purchase

Brookfield Asset Management is in talks with the Korean Teachers’ Credit Union (KTCU) and a state-run mortgage lender to secure 300 billion won ($261 ...

[ASK 2016 SUMMIT] NPS slows offshore property purchase; calls for customized proposal from GPs

The global alternative investment head of the National Pension Service (NPS), Sang-Hyun Yoo, cautioned about the heightened competition and price spik...

[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, ...

[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...

Mirae Asset-led funds on buying spree of overseas property, including Amazon HQ building in Seattle

A consortium of South Korean institutional investors, led by Mirae Asset Global Investments, has recently closed a deal worth about $245 million to bu...

[Interview] Korea firemen’s fund eyes overseas structured bonds, office buildings in advanced markets

Korea Fire Officials Credit Union, managing $520 million in assets, will boost its exposure to structured bonds and alternative assets in developed ma...

[Interview] KIC CEO says seeks 10% returns from overseas project financing

Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund, may take part in project financing of overseas construction orders secu...

[RFP] Korea Post seeks overseas fixed-income managers for emerging sovereign bond fund

- On June 1, 2016, Korea Post’s insurance asset management bureau posts a request for proposal to invest in dollar-denominated sovereign bonds of emer...