Korea's Vestas launches second $231 mn European warehouse fund

South Korea’s Vestas Investment Management Co. has created a 300 billion won ($231.2 million) blind pool fund for Europe-based logistics cente...

US private equity giant Apollo making inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

US private equity giant Apollo to make inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

KIC taps investment strategy head Lee Hoon as CIO

Korea Investment Corporation (KIC) is set to appoint Lee Hoon, the senior managing director and head of the investment strategy & innovation d...

Startup CEOs suffer depression, anxiety: survey

About one-third of South Korean startups' chief executives are more prone to stress and depression than general adults, with funding constraints and...

Fashion platform Brandi eyes unicorn status with $51 mn funding round

South Korean fashion e-commerce platform Brandi Inc. has embarked on a 67 billion won ($51 million) funding round, hoping for around 800 billion w...

Naver's Kream buys stake in Malaysian resale platform

Kream, the resale platform of South Korea’s online portal Naver Corp., has agreed to buy a stake in Malaysia’s biggest sneaker resale co...

KB Asset aims for first IPO of Korea's homegrown infrastructure fund

South Korea’s KB Asset Management Co. is set to list its Balhae Infrastructure Fund (Balhae) on the country’s main bourse Kospi in the s...

Affirma’s bolt-on M&A strategy shines in S.Korea

Affirma Capital is a small player in South Korea’s private equity market, but its successful bolt-on strategy helps the mid-cap-focused invest...

KB to raise $150 mn India, SE Asia-focused VC fund

KB Investment Co., a venture capital arm of KB Financial Group, is seeking to raise more than 200 billion won ($150 million) in its second global fu...

Korean PE firms' 2021 funds bet on parts makers, dividend stock

IMM Investment Co. and STIC Investments Co., the two most active South Korean private equity firms in 2021 fundraising, made bets on a dividend-focu...

Hansol Paper joins Series A funding for RIU worth $1.5 mn 

Hansol Paper Co. announced Thursday that it participated as a strategic investor in a Series A funding worth 2 billion won ($1.5 million) for South ...

Blockchain game developer Planetarium Labs raises $32 mn 

Planetarium Labs raised $32 million in a Series A funding round, led by Animoca Brands, and joined by Samsung Next, WeMade, and Krust Universe.The s...

Korean retirement funds, mutual aids struggle with profitability

Some major retirement funds in South Korea are raising interest rates on their members’ savings accounts in line with global central banks&rsq...

Korea hydrogen council launches $382 mn fund

The Korea H2 Business Summit, a business council established by South Korea’s leading conglomerates to invest in the hydrogen industry, launch...

Lotte Chemical, Bain Capital among bidders for Korea’s Iljin Materials

The much-touted sale of a controlling stake in Iljin Materials Co., a leading South Korean battery materials maker, is flagging as big spenders are ...

Military fund to raise payouts with interest rate increases

South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 4...

More LPs tap ex-Samsung Life professionals as CIOs

A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutu...

Axiom Space invites Koreans to $500 million space hotel fundraising

Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...

SK Gas to sell Istanbul tunnel stake to Qatari fund for $111 mn

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is poised to sell its stake in an operator of the Eurasia Tunnel in...

Hanwha invests $115 mn in urban air mobility firm Overair

South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...

Korea webtoon startup Kenaz acquired by hedge fund

South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce dependence on major platfo...

Korean bio firms flock to US as SV Invest eyes $100 million bio fund

SV Investment, a South Korean venture capital and private equity firm, is looking to launch a $100 million bio fund in the US as a growing number of...

Korean LPs join Antares Capital’s $3.5 bn credit fund

A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...

Startup tapped to lead S.Korea’s autonomous car security project

South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...

It's time to bet on high-yield bond funds: Barings

High-yield bonds generally create greater yields than other funds, but low-quality bonds are vulnerable to economic downturns and the firms’ c...

South Korean startups raise record-high Series A funding

South Korea's early stage startups raised a record amount of funding in the last 12 months.Even though venture capital firms at home and abroad are ...

Dubai sovereign fund in talks with Global Sae-A to sell Ssangyong E&C

Dubai’s sovereign wealth fund is discussing the sale of Ssangyong Engineering & Construction Co. to a South Korean textile business group....

Startup ministry taps 60 future unicorns for $240,000 assistance

The Ministry of SMEs and Startups announced Wednesday it has selected 60 promising startups to which it will provide financial assistance and expert...

Hyundai Motor Group to launch $80 mn startup fund

Hyundai Motor Group and the group’s social contribution foundation will create a domestic startup fund to invest a total of 100 billion won ($...