[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

[Survey] Direct lending, mezzanine at top of Korean LPs’ private debt strategies

South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setti...

[ASK 2017 SUMMIT Panel Talks] KIC may pick small hedge fund managers

[ASK 2017 SUMMIT Panel Talks] KIC may pick small hedge fund managers

Korea Investment Corporation (KIC) is looking at small and medium-sized hedge fund managers to take a bigger chunk of a deal, and the sovereign wealth...

[ASK 2017 SUMMIT Panel Talks] Korean LPs eye wider range of private debt

[ASK 2017 SUMMIT Panel Talks] Korean LPs eye wider range of private debt

Private debt recently became one of the most favored asset classes for South Korean asset owners, alongside co-investments in overseas alternatives. ...

NH Investment to acquire $100 mn debt of landmark Boston building

NH Investment to acquire $100 mn debt of landmark Boston building

(Updated: Some financing details and background were removed at the request of the sources.) NH Investment & Securities Co. Ltd. will underwrite ...

[ASK 2017 SUMMIT] Korea Post pursues active hedge fund strategies

[ASK 2017 SUMMIT] Korea Post pursues active hedge fund strategies

Korea Post is pursuing diverse alpha-generating strategies for hedge fund investment, with a plan to allocate at least 450 billion won ($401 million) ...

POBA selects 7 global private equity fund managers for $300 mn

The Public Officials Benefit Association (POBA) has picked seven global private equity fund houses to invest $300 million in five different strategies...

[ASK 2017 SUMMIT] NPS mulls private debt benchmark introduction

[ASK 2017 SUMMIT] NPS mulls private debt benchmark introduction

The National Pension Service (NPS) is considering introducing a benchmark for private debt in which it plans to increase investment, as the South Kore...

[RFP] Korea Post seeks global private debt fund managers for up to $300 mn

Korea Post's savings unit announced a plan on May 17 to invest up to $300 million in overseas private debt funds focusing on mezzanine and distresse...

[RFP] Korea Post seeks single offshore commingled hedge fund houses

Korea Post’s insurance unit on May 12 announced a plan to select global fund managers running single offshore commingled hedge funds by July, and will...

AMP Capital’s infrastructure fund raises $260 mn from Korean investors

South Korea’s police and scientist funds and insurers have committed $260 million to a global infrastructure fund of Australia’s AMP Capital which rai...

[RFP] Korea Post seeks global fund of hedge fund managers

Korea Post’s insurance unit on May 8 posted a request for proposals of multi-strategy funds of hedge funds. It will receive proposals by 5 pm, May 19...

Korean regulator moves to scrutinize savings funds’ financial health

Korean regulator moves to scrutinize savings funds’ financial health

South Korea’s savings funds may come under direct supervision of the country’s top financial watchdog as the Financial Services Commission (FSC) is se...

NongHyup Financial raising $264 mn infrastructure blind fund: report

NongHyup Financial Group Inc., a holding company of South Korea’s national agricultural cooperative, is raising a 300 billion won ($264 million) blind...

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

[Interview] Korean fund for small firms to allot $440 mn to alternatives in 2017

Yellow Umbrella Mutual Aid Fund, South Korea’s savings fund for small-sized business owners, will likely allocate 300 billion won ($265 million)...

Korea construction crews’ fund gives $70 mn mandates to Park Square, Goldman

Korea construction crews’ fund gives $70 mn mandates to Park Square, Goldman

South Korea’s Construction Workers Mutual Aid Association (CWMAA) has selected Park Square Capital for 40 billion won ($35 million) private debt inves...

Korea scientists’ fund in push for co-investments in overseas assets: report

Korea scientists’ fund in push for co-investments in overseas assets: report

Korea Scientists and Engineers Mutual-aid Association (SEMA) will commit about 20 billion won ($18 million) to a fund of Morgan Stanley Energy Partner...

Rockpoint’s core-plus, value-added fund may draw $380 mn from Korean investors

South Korea’s National Pension Service (NPS), Public Officials Benefit Association (POBA) and Hyundai Marine & Fire Insurance Co. Ltd. are likely ...

Korean firms to buy $88 mn US power plant-backed debts from US bank

Korean firms to buy $88 mn US power plant-backed debts from US bank

Four South Korean institutional investors will acquire 100 billion won ($88 million) worth of senior debts secured on two US gas-fired power plants fr...

NPS to invest $100 mn in BBAM’s blind-pool aircraft fund

NPS to invest $100 mn in BBAM’s blind-pool aircraft fund

South Korea’s National Pension Service (NPS) will make its first investment in a blind-pool aircraft fund by committing $100 million to a $1 billion f...

Heungkuk Asset raises $114 mn to invest in senior debt of Emirates Airline’s aircraft

Heungkuk Asset Management Co. Ltd. , a unit of South Korea’s textile, financial services and media group, closed a 130 billion won ($114 million) fund...

Hyundai Investments seeks to raise up to €200 million for BC Partners’ buyout fund

Hyundai Investments Co. Ltd., wholly owned by Hyundai Marine & Fire Insurance Co. Ltd., is seeking to raise between €100 million ($107 million) an...

Castlelake’s aviation fund may draw $200 mn from Korean investors: report

Castlelake’s aviation fund may draw $200 mn from Korean investors: report

The Public Officials Benefit Association (POBA), the Korea Scientists and Engineers Mutual-aid Association and other South Korean institutional invest...

Hana Asset raises €44.2 million in FoF to invest in CVC private debt fund

Hana Asset raises €44.2 million in FoF to invest in CVC private debt fund

The investment firm of South Korea’s Hana Financial Group has raised €44.2 million ($47 million) mostly from domestic life insurers through a private ...

Korea construction workers’ fund to pick two debt fund managers for $70 mn

Korea construction workers’ fund to pick two debt fund managers for $70 mn

(Corrected: The CWMA source on April 13 corrected the timetable of the planned debt manager selection to “soon”, and added that it has already begun t...

Korean military fund names equity head as financial division CIO

Korean military fund names equity head as financial division CIO

The Military Mutual Aid Association’s (MMAA) former equity head Jae Dong Kim was installed this month as its first chief investment officer chosen fro...

Hana Financial underwrites $75 mn senior debt for US solar power plant

Hana Financial underwrites $75 mn senior debt for US solar power plant

Hana Financial Investment Co. Ltd. has underwritten $75 million senior debts sold by a Swiss private asset manager to fund a US solar power plant acqu...

Korean insurers invest $102 mn in senior debts of Manhattan building

Korean insurers invest $102 mn in senior debts of Manhattan building

Three South Korean insurance firms have invested 115 billion won ($102 million) in senior secured debts of a building in Manhattan, New York which is ...

Hana Financial to underwrite $50 mn debt in aircraft fund for Qatar Airways

Hana Financial to underwrite $50 mn debt in aircraft fund for Qatar Airways

Hana Financial Investment Co. Ltd. will acquire mezzanine debts of $50 million in an aircraft fund set up to buy a Boeing 777-300ER which Qatar Airway...

[Interview] Hana Asset bets on retail demand for overseas real estate

[Interview] Hana Asset bets on retail demand for overseas real estate

The asset management unit of South Korea’s Hana Financial Group is preparing to launch two new public funds investing in overseas real estate, betting...

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

MetLife’s real estate debt fund attracts $80 mn from two Korean savings funds

The Public Officials Benefit Association and the Korea Scientists and Engineers Mutual-aid Association have decided to invest $50 million and $30 mill...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push Korean waste management firm Koentec on market for $730 mn US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement