Mirae Asset Daewoo likely to buy Vodafone Campus in Germany for $303 mn

Mirae Asset Daewoo likely to buy Vodafone Campus in Germany for $303 mn

South Korea’s brokerage firm Mirae Asset Daewoo Co. Ltd. was selected as a preferred buyer of the office tower of Vodafone Group in Dusseldorf, German...

Korean military fund to pick new CIO from within for first time

Korean military fund to pick new CIO from within for first time

South Korea’s Military Mutual Aid Association (MMAA) will find a successor of the retiring Chief Investment Officer, Sang-ho Lee, inside its organizat...

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn

Partners Group, a Switzerland-based investment firm, is looking to raise a further €655 million ($689 million) in March for the final close of it...

Korea Post plans to select multi-strategy fund of hedge fund managers

Korea Post’s insurance unit is preparing to pick global fund-of-hedge-fund managers using multi-strategy and will soon determine the amount of investm...

[Interview] NongHyup Life eyes hedge fund, private equity secondary investments

[Interview] NongHyup Life eyes hedge fund, private equity secondary investments

NongHyup Life Insurance Co. Ltd., a unit of South Korea’s agricultural cooperative, will commit an additional 700 billion won ($620 mn) to overseas al...

Korean banks flex muscles for alternative assets; Kookmin, Shinhan may invest in KKR’s fund

South Korea’s Kookmin Bank and Shinhan Bank are consdering investing 30 billion won ($26 million) each to a private equity buyout fund which KKR &...

[RFP] Korea’s GEPS seeks $160 mn offshore private debt fund managers

South Korea’s Government Employees Pension Service (GEPS) will select two global private debt fund managers employing opportunistic strategies to inve...

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

Korea public officials' fund sees $200 mn allocation to cat bonds, private debt funds in H2

South Korea’s Public Officials Benefit Association (POBA) is most likely to select global asset managers to invest about $200 million on aggregate in ...

Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds

Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds

(Corrected: Numbers in the first and third paragraphs were corrected to $500 to $600 million, and $880 million, respectively) The Public Officials ...

[Interview] Hanwha Life targets senior secured debt; sees $1 bn net growth in 2017 alternative asset

[Interview] Hanwha Life targets senior secured debt; sees $1 bn net growth in 2017 alternative asset

Hanwha Life Insurance Co. Ltd., which manages 100 trillion won ($87 billion) of assets, will chase senior secured debts of commercial buildings in dev...

AMP Capital’s Australia infrastructure fund tipped to raise $76 mn from Korea

AMP Capital’s Australia infrastructure fund tipped to raise $76 mn from Korea

An infrastructure fund managed by Australia-based AMP Capital is expected to attract about 87 billion won ($76 million) from South Korean investors, i...

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

[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., ...

Korean insurers take bold steps toward buyout, hedge funds

Hyundai Marine & Fire Insurance Co. Ltd. has recently committed €50 million ($53 million) to a €7 billion buyout fund which British private equity...

Mirae Asset poised to buy office building in Canberra for $245 mn

Mirae Asset poised to buy office building in Canberra for $245 mn

South Korea’s Mirae Asset Global Investments Co. Ltd. has been picked as the preferred buyer of a 12-story office building in Canberra, which is entir...

KTB Asset jointly acquires $68.5 mn debt of NY building from Blackstone

KTB Asset jointly acquires $68.5 mn debt of NY building from Blackstone

South Korea’s KTB Asset Management Co. Ltd. and two other domestic institutions have invested about $68.5 million in mezzanine debt secured by a Manha...

Korean investors mull investing in Ares Management’s $2.5 bn US private debt fund

Korean investors mull investing in Ares Management’s $2.5 bn US private debt fund

South Korean institutional investors, including the Korean Scientists and Engineers Mutual-aid Association, Nonghyup Life Insurance Co. Ltd. and Lotte...

KIC, NPS agree not to hire each other’s ex-fund managers: report

Korea Investment Corporation (KIC), a sovereign wealth fund, has agreed with the National Pension Service (NPS) not to employ each other’s former inve...

Samsung Asset to launch $500 mn global infrastructure debt fund with IFM: report

Samsung Asset to launch $500 mn global infrastructure debt fund with IFM: report

Samsung Asset Management Co. Ltd. will launch a $500 million blind-pool fund investing in infrastructure-backed debt in developed countries, and joint...

TIAA-CREF, Korean teachers’ savings fund to form $1 bn US real estate debt JV

TIAA-CREF, Korean teachers’ savings fund to form $1 bn US real estate debt JV

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint venture with the Teachers Insurance and Annuity Association of America - Colle...

Samsung’s property fund reaps $84 mn profit from sale of London office building

Samsung’s property fund reaps $84 mn profit from sale of London office building

A real estate fund of South Korea’s Samsung SRA Asset Management Co. Ltd. has secured 100 billion won ($84 million) in capital gains from the sale of ...

Korea Teachers’ Pension to invest $75 mn in buying Australia’s office building

South Korea’s Teachers’ Pension will acquire an office building in Brisbane, Australia which the Brisbane city government has signed a con...

Blackstone in $1 bn mezzanine debt fundraising; Korean govt officials’ fund to invest $50 mn   

Blackstone Group has attracted New York State Teachers’ Retirement System (NYSTRS), US insurer MIRAS and a South Korean government employees’ fund to ...

Korean brokerages to unveil public funds for US, Europe property deals

South Korean brokerage firms, on the buying spree of US and European real estate, will roll out public real estate funds in the coming months to sell ...

Korea Post’s savings arm targets 2-3% medium-risk assets; keen on CMBS, CLO: report

Korea Post’s Savings Bureau has been shifting overseas investment focus into relatively low-risk assets such as fixed-income assets since last year to...

NPS, KIC commit $371 mn to BC Partners’ $7.4 bn buyout fund

NPS, KIC commit $371 mn to BC Partners’ $7.4 bn buyout fund

The National Pension Service (NPS) and the Korea Investment Corporation (KIC), two major South Korean investors, were confirmed to invest a combined &...

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

NPS picks Albourne Partners to review hedge fund risks

NPS picks Albourne Partners to review hedge fund risks

South Korea’s National Pension Service (NPS) has selected London-based consultancy, Albourne Partners Ltd., as an advisor to undertake operational due...

NPS puts aside 2017 asset management plans after chief detained

NPS puts aside 2017 asset management plans after chief detained

South Korea’s National Pension Service (NPS) has indefinitely postponed a committee meeting set for Dec. 30 aimed at reviewing this year’s investment ...

Korea military fund mulls investing in PDF, NPL fund in 2017: report

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion savings fund, is studying investing in offshore private debt funds (PDFs) and non...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading