SK, China’s Geely eye investment fund for hydrogen, eco-friendly business
South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...
NPS to invest in Silver Lake’s $20 bn tech fund
The National Pension Service has decided to invest in a $20 billion technology fund that Silicon Valley-based Silver Lake Partners recently closed, ...
Meritz Alternative commits $150 mn to US multifamily fund
South Korea’s Meritz Alternative Investment Management Co. has committed $150 million to a new US multifamily residential fund managed by Fair...
KKR’s Asia real estate fund draws around $400 mn from Korea
South Korean institutional investors, including the National Pension Service, have committed around $400 million to KKR’s Asia real estate f...
KKR’s $3.9 bn Asia infra fund raises $130 mn from Korea
The Korean Teachers’ Credit Union (KTCU) and financial services firms in South Korea have committed $130 million to KKR & Co.’s inau...
NPS commits $450 mn to Stonepeak, Macquarie infra funds
The National Pension Service has committed a total of $450 million to two North America-focused funds launched by Stonepeak Infrastructure Partners ...
Satellite launcher startup raises over $7 mn in Series A funding
South Korea's Innospace Co., which develops launch systems to carry small satellites into space, is set to complete its Series A funding round of ...
S.Korea to back $18 bn domestic VC fund plan by 2025
The South Korean government will inject 1 trillion won ($924 million) into homegrown venture capital funds this year, with a plan to launch three VC...
IMM PE closes its largest flagship fund at $1.8 bn
South Korea-based IMM Private Equity has raised 2 trillion won ($1.8 billion) for its largest flagship fund, RoseGold IV, at its final close, accord...
Hyundai, KTCU, Kamco launch $273 mn fund to aid auto parts makers
Hyundai Commercial Inc. and several local financial companies have set up a blind fund worth 300 billion won ($273 million) to provide liquidity to ...
Shinhan Alternative commits $245 mn to residential fund in Europe
Shinhan Alternative Investment Management Inc. has committed 200 million euros ($245 million) to a multifamily housing fund in Europe managed by Pat...
US hedge fund Whitebox Advisors opposes LG’s planned spin-off
Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...
NPS, Korea Post back JKL Partners' $687 mn PE fund
South Korea's JKL Partners has closed a 750 billion won ($687 million) private equity fund, backed by the National Pension Service, Korea Developmen...
Korean Teachers’ Credit poised for best return since 2010
The Korean Teachers’ Credit Union (KTCU) is on course to post its strongest investment return in a decade of around 9%, driven by double-digit...
KB Investment, RM Global to form $100 mn bio VC fund
KB Investment Co. will join forces with US-based RM Global Partners to launch a $100 million life science fund to invest in early stage startups in ...
KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms
South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...
NPS-Allianz $2.3 bn fund seeks to buy stake in Singapore tower
The National Pension Service and Germany’s Allianz SE are in negotiations to jointly buy a 50% stake in OUE Bayfront, a Grade A office t...
Korea Post seeks two direct lending funds for $200 mn mandates
Korea Post’s savings arm plans to select two global direct lending funds focusing on North America and Europe and commit $100 million to each ...
Korea’s KIP eyes Europe, China VC fund launches in 2021
Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investment funds next year &...
Shinhan, Hana fund KKR’s $5.6 bn UK deal with $63 mn in loans
Two leading South Korean banks – Shinhan and Hana – have provided a combined 47 million pounds ($63 million) in senior loans to finance ...
IMM Private Equity to set up operation-focused unit
This is the first in our bi-weekly Deal briefs series, covering the latest M&A deals and key events in South Korea’s capital markets. We w...
S.Korea's airline restructuring hits turbulence with activist fund opposition
South Korea’s airline restructuring is experiencing some turbulence after an activist group has filed an injunction threatening the proposed m...
Vestas Investment launches $272 mn Europe logistics fund
South Korea’s boutique asset manager Vestas Investment Management Co. has pooled 300 billion won ($272 million) from four pension and retireme...
Goldman Sachs’ $14 bn credit fund draws $260 mn from Korea
South Korea’s Police Mutual Aid Association (PMAA) and financial services firms, including Samsung Securities Co., have committed $260 million...
Global funds flow into S.Korea as investors look to life after COVID-19
An increasing amount of global funds are flowing into South Korea as advances in COVID-19 vaccine development and a weaker dollar boost investors&rs...
Home interior platform nears unicorn status via $70mn funding
South Korea-based startup Bucketplace, an operator of home interior app OHouse, has raised $77 million in Series C funding, moving a step closer to ...
KIC joins One Planet Sovereign Wealth Fund to bolster climate change efforts
In a move to bolster its climate change efforts, Korea Investment Corporation has joined a group of international sovereign wealth funds in their aim ...
Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund
South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...
PE secondaries top Korean LPs' global PE funds list
Secondary private equity deals were picked as the preferred global PE investment of South Korea’s top asset owners, followed by co-investments a...
Korean LPs favor direct lending for private debt investment
More than half of South Korea’s key asset owners, led by the National Pension Service, are inclined to expand overseas private debt investment i...
