[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...

[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...

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

(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

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

[Exclusive]NPS invests $300 mn in TeamHealth as co-investor with Blackstone

South Korea’s National Pension Service (NPS) has agreed to buy a 10% stake in TeamHealth Holdings Inc. for about $300 million, in a joint investment i...

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

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

Korean insurers arrange $550 mn debt refinancing of Brookfield’s NY building

The two insurance arms of South Korea’s agricultural cooperative, Nonghyup Life Insurance Co. Ltd and Nonghyup Property & Casualty Insurance Co. L...

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...

Hana becomes first Korean debt arranger for US power plant

Hana Financial Investment’s participation in the recent $1 billion debt financing for a US gas-fired power facility as a lead arranger has made it...

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...

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 ...

Hyundai Marine to be anchor investor of Allianz’s new Berlin office tower: report

South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. will commit around 60 billion won and 70 billion won ($50~58 million) to a domestic real es...

US gas power projects lure Korean private loan investors: report

Gas-fired power plants in the pipeline in northeast U.S. states are expected to attract South Korean institutional investors in search of 5~6% annual ...

Korean funds, NH insurers to invest $215 mn in mezzanine debt of Google NY building

Two South Korean savings funds are set to invest 100 billion won ($85 million) in junior mezzanine debt secured by a Manhattan office building leased ...

Korean funds cut 2017 return targets; keen on infrastructure, mezzanine debt: report

The Korean Teachers’ Credit Union (KTCU), the Military Mutual Aid Association (MMAA) and three other major South Korean savings funds have trimmed the...

KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report

South Korea’s Hana Asset Management Co. Ltd. will invest $110 million in principal-protected debt issued by Kohlberg Kravis Roberts (KKR) & Co. on...

KIC, Korean fund to invest $130 mn in US hotels-backed mezzanine debt: report

Korea Investment Corporation (KIC) and the country's Local Finance Association will invest a total of 153 billion won ($130 million) in U.S. mezzanine...

Korea Post awards $300 mn mandates to 3 private debt managers

Korea Post’s savings arm has awarded offshore private debt mandates worth a combined $300 million to Guggenheim Partners, Park Square Capital and Part...

Korean investors to fund Air France’s plane lease with $34 mn mezzanine loan

The Public Officials Benefit Association (POBA) and the Yellow Umbrella Mutual Aid will invest $34 million in mezzanine debt to fund Air France’s $115...

[Interview] Korea police fund eyes EM debt; keen on networks with foreign funds: CIO

South Korea’s Police Mutual Aid Association (PMAA), a $2 billion savings fund, is interested in sovereign debt of emerging economies, and will put eff...

Korea public officials’ fund to be anchor LP of PAG-led property debt fund

Asia-based alternative investment firm Pacific Alliance Group (PAG) is teaming up with a South Korean brokerage company to launch about a 200 billion ...

Europe banks return to Korean brokerage market; target debt, alternative products

A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...

Macquarie cuts commitments from fund investors after oversubscription

Macquarie Group has closed its latest European infrastructure fund in the first round of fund-raising after attracting more than its target funding, a...

US bank loans, asset-based credit whet appetite of Korean investors

South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...

US govt building-lease funds lure Korean investors

ING Life Insurance, fisheries cooperatives and a college fund in South Korea will put a total of $80 million into a fund run by USAA Real Estate Compa...

Cerberus’ new Europe property fund may attract over $370 mn from Korean investors

National Pension Service (NPS), Korea Investment Corporation (KIC) and a South Korean insurer are considering putting a combined $370 million into a r...

Top Korean investors to meet UK asset managers in London on July 22

Sang-Hyun Yoo, the new global alternative division head of the National Pension Service (NPS) and senior managers of other top South Korean instit...

[Editor's Note] Korea funds warm up to private debts

Private debt products such as senior secured loans, collateralized loan obligation and mezzanine debt in the U.S. and European markets have become one...