Korea's top real estate managers bulk up assets in COVID-19

Real estate funds in South Korea have increased by 27% to 130 trillion won ($101.4 billion) from 102 trillion won over the past two years, accordi...

Yoon admin to expand KIC's fund management base

South Korea's new president Yoon Suk-yeol, who took office on Tuesday, is set to push the expansion of sovereign wealth fund Korea Investment Corpor...

SK Square taps NPS PE expert as global investment head

South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...

SK On to build $2.3 bn EV battery plant for Hyundai in US

SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, plans to build a new US factory to supply batteries to a planned E...

LG Energy completes LFP battery development for Tesla

South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...

LG Energy begins joint research on smart factory tech with elite institute

LG Energy Solution Ltd. and Pohang-based Research Institute of Industrial Science and Technology (RIST) announced Wednesday they will embark on join...

POSCO to invest $20 billion in battery materials to rival Chinese firms

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest 25 trillion won ($20 billion) to secure a stable supply of key raw m...

CJ ventures into fandom platform with $17 mn investment

CJ Group, one of South Korea’s largest family run conglomerates, or chaebol, is venturing into the fandom platform business with a 22.4 billio...

Rebellions to join pre-unicorn list via Series A Funding

Rebellions Inc., a South Korean AI-powered fabless startup, is in the final stage of the Series A Funding Round with 70 billion won ($54.9 million) ...

SK E&S invests $110 million in world’s largest carbon capture project

SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...

Affirma taps NPS executive as private credit head

Singapore-based private equity firm Affirma Capital has founded an affiliate for private credit management and tapped Kim Seong-mok, a former execut...

POBA targets PE in tech, bio, healthcare in long term, CIO says

Public Officials Benefit Association (POBA) of South Korea will keep its focus on steady cash flow while strengthening profitability, its Chief Inve...

SKT, SK Square invests $40 mn in Korea metaverse game firm

South Korea’s top mobile carrier SK Telecom Co. and its spin-off SK Square Co. have together invested 50 billion won ($40 million) into a loca...

Renewables emerge as LPs' top infrastructure sector

Key asset owners of South Korea will continue to expand their offshore infrastructure portfolios next year, and renewable energy is their top pick in ...

Baring PEA to refinance two Korean lenders to recoup investment

Hong Kong-based Baring Private Equity Asia is planning to raise a total of 674 billion won ($532 million) in loans for South Korea's Acuon Capital a...

Hyundai Motor, battery firms strive to limit China lockdown disruptions

The growing fears of a Beijing lockdown are prompting South Korea’s top automaker Hyundai Motor Co. and battery makers, already suffering from...

NPS to step back from management of Hanjin KAL

National Pension Service (NPS) of South Korea has decided to shift its objective in holding shares of Hanjin KAL Corp., the parent company of Korean...

IGIS, KKR to found JV for real estate investment in Korea

US private equity investment giant KKR & Co. and IGIS Asset Management Co., the largest real estate fund manager in South Korea, will set up a j...

Korea consumption, facility investment down in March

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...

Koreans' fractional investing craze spreads to cows

Investment rights for dozens of Korean calves, worth a combined 10 million won ($7,900), sold out within one minute after each of the three investme...

Retail investment amount in startups triples on-year in Q1

South Korea’s retail investors are increasingly more bullish in startups than in manufacturing or retail firms. The Ministry of SMEs an...

NH Investment opens London affiliate to ramp up global IB business

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

LG Energy to spend more on battery capacity expansion

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to spend more on global capacity expansion than init...

73% of LPs to ramp up global warehouse investment

Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to reduce exposure to ho...

Carlyle visits Hyundai Glovis seeking measures to boost value

The Carlyle Group, a US private equity giant, visited South Korea’s Hyundai Glovis Co. last week to discuss steps to boost the value of the Hy...

LG Chem becomes 1st Korean long-term renewables buyer

LG Chem Ltd. has become the first South Korean company to buy renewable energy on a long-term basis as part of an effort to make a full switch to re...

Jay Y. Lee absence raises risks for Samsung chip biz

Samsung Electronics Co. is losing its hegemony in the global semiconductor market as a sustained leadership vacuum has kept the world’s top me...

Korea Post to tap two GPs for global ESG bond ETFs

Korea Post, South Korea's state-run postal service agency, said on April 21 that its insurance arm will select a maximum of two asset managers for...

Golfzon County IPO poised to be another MBK success story

Golfzon County Co. is gearing up for an initial public offering, which will offer MBK Partners a chance to exit from its investment in South Korea&r...