Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

US private investment firm Bain Capital is poised to acquire HS Hyosung Advanced Materials Corp.'s tire steel cord business in a deal estimated...

IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive

IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc...

S.Korea avoids recession with 0.6% Q2 GDP growth; US tariff impact seen limited

The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports a...

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&...

Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...

Organic food chain Chorocmaeul up for sale amid liquidity woes

Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...

IMM Credit closes $700 mn blind credit fund backed by NPS

IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...

Korean waste management firm Koentec put on market for $730 mn

Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...

Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty

Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel

JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...

Affinity Equity nets $220 mn from block sale of Shinhan Financial

Affinity Equity Partners has unloaded its remaining shares in Shinhan Financial Group, the second largest banking group in South Korea, for about 58...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge

Global memory chip markets, long weighed down by excess inventories and sagging demand, are showing early signs of a thaw.South Korea’s export...

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...

Shinhan expands global IR push to woo foreign investors

Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...

South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, ch...

Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

Carlyle CEO shares investment tips with Korean retail investors

The head of The Carlyle Group met with Korean retail investors in a rare session on Thursday, sharing insights on the US economy and global credit m...

POBA bullish on REITs, real estate debts and senior housing

South Korea’s Public Officials Benefit Association (POBA) is betting big on real estate investment trusts (REITs) and senior housing in the US...

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

KIC bets on Asian real estate; eyes residential, data centers

The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...

S.Korea's crypto market doubles to $77.5 bn with 20% of population trading

South Korea’s cryptocurrency market surged to nearly 108 trillion won ($77.5 billion) in the second half of last year, fueled by growing retai...

Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...

Korean teachers' fund to commit $495 mn to 10 PE firms

The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to ru...

Lotte to retake $269 mn stake in logistics arm after flopped IPO

Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s f...

Mirae Asset bets on China as Korean investors’ US focus draws concern

South Korea’s leading asset manager Mirae Asset Financial Group is increasingly unveiling China-focused investment products as Chairman P...

Kyobo Life poised to buy Japan’s SBI Group-owned savings bank

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...

Activist fund Oasis boosts Korea team amid investor-friendly policy shift

Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...