SK to invest $300 million in ChinData Group by joining in pre-IPO share sale

SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...

Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform

Naver, a Korean online platform giant, has invested 100 billion won ($83.8 million) in SM Entertainment's subsidiaries SMEJ Plus and Mystic Story in a...

NPS to add 200 global investment staff to cut fees, emulating CPPIB

The National Pension Service plans to carry out about a fivefold increase in overseas staffing by 2024 which will help to reduce external management f...

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

[RFP] Korea Post plans to invest $200 mn in real estate mezzanine debt

Korea Post’s insurance arm is looking for one or two real estate debt managers to invest $200 million in mezzanine debt, for which it is plannin...

Korean investors jointly set up a $770 million SPC to invest in KKR funds

Local institutional investors have injected $500 million (600 billion won) into a special purpose company to invest in diverse funds managed by privat...

Naver likely to invest near $83.5 million into SM Entertainment to secure K-pop content

Korea’s platform giant Naver is in talks with SM Entertainment, Korea’s largest entertainment company, to acquire shares worth approximate...

Korean pension funds relax due diligence to restart alternative investment

South Korean pension schemes and sovereign wealth fund KIC have recently restarted overseas alternative investments that had been suspended due to the...

Ardian looking to expand Asia private equity investment

Paris-based Ardian is looking to increase private equity investments in Asia, setting its sight on technology, media, online service and healthcare se...

KIC forms $400 mn joint venture with NongHyup for private equity co-investment

Korea Investment Corporation (KIC) has announced a $400 million joint venture with NongHyup, or the National Agricultural Cooperative Federation, to...

One Equity Partners fully exits from Celltrion with $1.8 bn in proceeds

One Equity Partners (OEP), a New York based private equity firm, unloaded its remaining shares in Celltrion Healthcare valued at approximately 31...

Tiger Alternative raises $100 million to invest in US structured fund

South Korea's Tiger Alternative Investors Co. Ltd has raised about $100 million from domestic retirement funds and insurance firms to invest in senior...

NPS ramps up alternative investment in Jan-April despite Covid-19

The National Pension Fund has significantly increased alternative investments in the first four months to April from a year earlier, which industry so...

KIC promotes private equity head to lead alternative investment

Korea Investment Corporation (KIC) has appointed private equity head James Jongho Kim as alternative investment group head and deputy chief investment...

NH Investment joins in $10.1 bn Abu Dhabi deal for $1.3 bn stake

NH Investment & Securities Co. Ltd. will invest about 1.6 trillion won ($1.3 billion) in Abu Dhabi National Oil Company’s (ADNOC) gas pipeli...

Carlyle to invest $415 mn in KB Financial, betting on share rebound

The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...

NPS boosts private debt and venture capital investment in Q1

The National Pension Service (NPS) has beefed up investments in private debt and venture capital funds by adding Antares Capital Advisers and Insight ...

NPS adds Select Equity to single-manager hedge fund roster in Q1

New York-based Select Equity Group joined the roster of the National Pension Service’s (NPS) global alternative investment companies as a single...

NPS logs negative Q1 investment return on stock market plunge

The National Pension Service (NPS) reported a negative 6.08% return on investment in the first three months of this year, weighed down by double-digit...

NPS to ramp up global equities exposure over next 5 years

The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...

Bain Capital to invest $123 mn in South Korean online education startup

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

NPS restarts alternative investment with Portugal and Manhattan deals

The National Pension Service has invested at least one billion dollars in aggregate in a Portuguese toll road operator and a property redevelopment pr...

IMM enters China’s infrastructure market with $40 mn investment

IMM Investment Corp. has acquired a minority stake in China’s private water supplier for $40 million, in the first investment by a South Korean ...

Sequoia, Hillhouse and DST invest $150 mn in Korean grocery startup

Sequoia Capital, Hillhouse Capital and DST Global have invested a combined $150 million in South Korea’s online grocery delivery startup Kurly I...

NPS makes first single-manager hedge fund investment with $810 mn

The National Pension Service committed about 1 trillion won ($810 million) to four global hedge fund houses in 2019, in its first investment in single...

BlackRock dropped from NPS’ property investment manager pool

BlackRock, the world’s largest asset manager, has been excluded from the National Pension Service’s 49-strong group of global real estate ...

Pension funds eye bargains in equities and bonds; alternatives on hold

A number of South Korean pension funds are looking to hunt for bargains in the battered equity and bond markets, while postponing investment in infras...

Equity-linked securities weigh on top Korean brokerage firms

About 48 trillion won ($39 billion) of outstanding equity-linked securities (ELS) issued by South Korean brokerage companies has put their sector lead...

Korean funds hold off new midstream project investments

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...