KTB Asset invests in refinanced loan on Union Station
KTB Asset Management Co. Ltd. has invested an undisclosed amount in a debt secured on Union Station in Washington D.C. on behalf of three South Korean...
StepStone collects $90 mn from Korean LPs for PDF, co-investment
New York-based StepStone Group has raised $90 million in commitments from three South Korean institutional investors since the start of this year, inc...
POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt
The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...
Mirae Asset invests $300 mn in senior debt on Hong Kong skyscraper
Mirae Asset Daewoo Co. Ltd. has invested $300 million in a senior debt issued to finance the $5.2 billion acquisition of The Center, a landmark skyscr...
Hana Alternative invests $300 mn in Times Square hotel-backed debt
Hana Alternative Assets Management Co. Ltd. has collected $300 million from seven South Korean institutional investors to invest in mezzanine debts on...
Hyundai Investments raises $222 mn for 3i Europe PPP fund
Hyundai Investments Co. Ltd. has raised a total of €180 million ($222 million) in commitments to invest in 3i European Operational Projects Fund from ...
Mirae Asset, NH Investment seek to resell $94 mn stake in London building
Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd., which closed the £242 million ($340 million) joint acquisition of an London o...
Ex-deputy finance minister named as Korea Investment Corp’s CEO
Heenam Choi, an executive director of the International Monetary Fund and former South Korean deputy finance minister, was appointed as chief executiv...
Simone Investment buys $56 mn debt on Blackstone-owned Hawaii hotel
Simone Investment Managers Co. Ltd., a unit of a South Korean handbag maker, has invested around 60 billion won ($56 million) in a mezzanine debt on...
NPS’ 2017 investment return at 7-yr high; to wrap up CIO selection in April
The National Pension Service (NPS) chalked up an average investment return of 7.26% in 2017, which was its strongest performance in seven years, while...
KTCU invests $71 mn in TH Real Estate-led purchase of China outlet malls
The Korean Teachers’ Credit Union (KTCU) has invested 77 billion won ($71 million) in a fund of TH Real Estate which acquired two premier outlet malls...
Korea scientists fund to commit $37 mn to co-investment funds; $34 mn to PDF
Korea Scientists and Engineers Mutual-aid Association (SEMA) has decided to commit $37 million to co-investment funds of US-based StepStone Group and ...
[RFP] Korea Post seeks two global PEF managers for $200 mn co-investment
Korea Post plans to allocate a total of $200 million to two global private equity fund managers employing co-investment strategies. It will receive p...
Shinhan sources $100 mn debt investment in US hotel portfolio
Shinhan Financial Group’s alternative investment arm has sourced a $100 million investment by three South Korean insurers in a mezzanine debt on US ho...
Korea Investment buys 99-yr leasehold of Brussels buildings for $454 mn
Korea Investment Management Co. has obtained a 99-year leasehold for €370 million ($454 million) of two buildings in Brussels used as the headquarte...
US, HK public funds join TPG-led group to co-invest $50 mn in Kakao Mobility
Two US state pension funds and a Hong Kong public fund have invested 50 billion won ($47 million) in aggregate to buy a minority stake in South Korea’...
POBA mulls JV launch with global pension funds for alternative investment
The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...
Hangang Asset invests $47 mn in debt on Blackstone-owned Orlando hotels
Hangang Asset Management Co. Ltd. has invested 50 billion won ($47 million) in a mezzanine debt on two luxury hotels in Orlando, Florida, on behalf of...
KDB Infra invests $60 mn in Turkey’s hospital PPP debt
KDB Infrastructure Investment Asset Management Co. Ltd. (KIAMCO) has invested 65 billion won ($61 million) in a debt on one of Turkey’s largest hospit...
Meritz Real Estate arranges $122 mn investment in US, Italy property debts
Meritz Real Estate Asset Management Co. Ltd., part of a South Korean financial services group, has recently arranged 120 billion won ($112 million) in...
Korea Post invests $60 mn in senior debt on US gas power plants: report
Korea Post has invested $60 million in a seven-year private debt fund to provide a senior loan secured on four US gas-fired power plants, but the inve...
Korea Investment buys China Airlines-leased aircraft for $165 mn
Korea Investment & Securities Co. Ltd. has acquired a Boeing aircraft leased by Taiwan-based China Airlines for around 180 billion won ($165 milli...
Hyundai Investments raises $162 mn for US debt securitization fund
Hyundai Investments Co. Ltd. has collected $162 million from five South Korean institutional investors to invest in a $2 billion US real estate debt s...
Brookfield, NH Investment co-invest $100 mn in CBs of US LNG terminal
Brookfield Asset Management and NH Investment & Securities Co. Ltd. have bought $100 million of convertible bonds (CBs) backed by a liquefied natu...
Korea Investment to buy US government-leased building for $185 mn
Korea Investment & Securities Co. Ltd. will acquire a mid-sized office building in Washington D.C. for around 200 billion won ($185 million) next ...
NPS chief-designate says to boost responsible investing in public projects
Former South Korean lawmaker Sung-joo Kim, named as chief executive and chairman of the National Pension Service (NPS) on Nov. 2, stressed the publi...
KB Asset raises €165 million to invest in €1 bn Mirova infrastructure fund
KB Asset Management Co. Ltd. has closed a domestic fund at around €165 million to invest in a €1 billion infrastructure fund of Mirova, an investment ...
Korean institutions to invest $53 mn to buy Tesco-leased UK warehouse
A consortium of South Korea’s Construction Workers Mutual Aid Association (CWMAA) and MG Non-Life Insurance Co. Ltd. will invest 60 billion won ($53...
Korean investors to provide $440 mn financing in their largest US power plant investment
Hana Financial Investment Co. Ltd. and NH Bank of South Korea’s national agricultural cooperative will underwrite an aggregate $400 million of debt ...
Korean insurers invest $118 mn in US power generation portfolio debt
Five South Korean insurance companies have invested $118 million in senior debt of a portfolio of six US thermal power facilities, which are expected ...
