[RFP] Korea Post seeks 3 management firms for overseas CLO investment

Korea Post’s savings unit announced a request for proposal on August 17 to select three asset management houses that will be in charge of setting up s...

Korea civil servants’ pension fund picks local firms for global stock, bond mandates

South Korea’s Government Employees Pension Service (GEPS) has selected Daishin Asset Management and Shinhan BNP Paribas Asset Management as general pa...

ABCP issues backed by Chinese bank deposits seen to top corporate bond sales in Korea

South Korean pension and savings funds are piling into short-term notes backed by time deposits at Chinese banks, lured by higher deposit rates from C...

Korea’s public pension funds to explore joint overseas, alternative investment – fin ministry

South Korea’s public pension funds, including the National Pension Service (NPS) and pension schemes for government officials and military personnel, ...

[RFP] Korea fund for small firm owners solicits bids for $88 mn equity mandates

The Yellow Umbrella Mutual Aid is looking for stock management firms to invest a total of about 100 billion won ($88 million) and pick up to four fund...

Korea pension funds seek damages from Daewoo Shipbuilding’s books rigging

The Government Employees Pension Service (GEPS) and the Teachers’ Pension have brought a joint action against Daewoo Shipbuilding for $19 mill...

Korea firms hold off UK property deals; demand seen reviving after price drops – reports

Three to four South Korean institutions, including asset management firm Hyundai Investments, have put on hold a planned joint purchase of an office b...

[RFP] Korea's govt pension seeks $100 mn offshore mezzanine fund managers

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 6 that it would select two global private debt fund managers f...

[Editor's Note] Korea funds warm up to private debts

Private debt products such as senior secured loans, collateralized loan obligation and mezzanine debt in the U.S. and European markets have become one...

[RFP] Korea’s GEPS seeks $170 mn fund of funds managers of global stocks, bonds

South Korea’s Government Employees Pension Service (GEPS) posted a notification on July 1 to invite bids for a 100 billion won ($87 million) mandate f...

Korea Post names new insurance asset head from within; 3rd replacement in 1 year

Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief...

[RFP] Korea police fund invites bids for $87 mn blind fund mandates

The Police Mutual Aid Association (PMAA) of South Korea issued requests for proposals on July 1 for 100 billion won ($87 million) mandates that it wou...

Korea’s GEPS CIO says to invest fresh $375 mn in alternatives in 2016

South Korea’s Government Employees Pension Service (GEPS), managing $6 billion of assets, will make an additional investment of about 430 billion won ...

Korea PEF picked as preferred buyer of Outback Steakhouse Korea

South Korea’s private equity firm SkyLake Investment, which won an about $220 million mandate from the National Pension Service (NPS) this week, has b...

Inside GP selection process: NPS awards $600 mn mandates to 4 Korea PEFs

South Korea’s two local private equity firms, VIG Partners and SkyLake Investment, received 250 billion won ($216 million) mandates from the National ...

[Interview] Korea savings funds see UK asset price drop after Brexit, awaiting buy timing

South Korea’s key savings funds have decided to put on hold investments in Europe shortly after the Brexit vote on the prospect of a further decline i...

CJ Group Interested in Acquiring McDonald's Korea Operations

CJ Group has jumped into a bidding war to acquire McDonald's Korea. According to investment banking sources on June 28, CJ Group had submitted a lette...

NPS faces calls for GP screening system revision, ahead of $600 mn mandate awards

The National Pension Service (NPS) of South Korea has drawn only five bidders for its planned 500 billion won ($426 million) commitments to be made to...

Korea pension funds show mixed reaction to Brexit decision – report

A savings fund in South Korea is studying raising its exposure to European equities, stocks and infrastructure assets after the Brexit decision, where...

[Editor’s Note] Frustrated at shrinking returns, investment money are flowing out of Korea

Unlike the U.S. Fed’s quantitative easing program that had boosted U.S. equity markets for more than six years from 2009, the Bank of Korea’s five pol...

Blackstone, Pomona win mandates for Korea GEPS’ $100 mn investment

South Korea’s Government Employees Pension Service (GEPS) has awarded $50 million mandates each to Blackstone and Pomona Capital for global secondary ...

Korea funds seek investment experts from outside; CIOs chair review committees

The Public Officials Benefit Association (POBA) has replaced the head of its investment review committee recently with the Chief Investment Officer Do...

Korea police fund to invest $87 mn in blind funds

The Police Mutual Aid Association of South Korea will post a public notice of a request for proposals this week to commit 100 billion won ($87 million...

[Korean Money Going Abroad] Korea insurers up overseas investments, eyeing foreign asset managers

South Korean insurance companies have been raising investments in overseas investments by more than 50% since the start of this year and also consider...

Korea construction workers’ fund may allot $170 mn to alternatives in 2016

The Construction Workers Mutual Aid Association (CWMA) in South Korea is looking to overseas alternative assets to invest as much as 200 billion won (...

Blackstone picked as preferred buyer of S.Korea’s $400 mln office building – report

Blackstone has been chosen as the preferred bidder of a prime office building in downtown Seoul, in a deal estimated to fetch 460 billion~480 billion ...

[Interview] Korea scientists’ fund zooms in on Europe renewable energy, U.S. venture capital

The Korea Scientists and Engineers Mutual-aid Association (SEMA), overseeing 4 trillion won ($3.4 billion) in assets, is interested in property and re...

[Interview] S.Korea military fund set to invest in offshore blind VC funds from 2017

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion military savings fund, is planning to invest in offshore blind-pool venture capit...

[Interview] Korea firemen’s fund eyes overseas structured bonds, office buildings in advanced markets

Korea Fire Officials Credit Union, managing $520 million in assets, will boost its exposure to structured bonds and alternative assets in developed ma...

[RFP] Korea Post seeks overseas fixed-income managers for emerging sovereign bond fund

- On June 1, 2016, Korea Post’s insurance asset management bureau posts a request for proposal to invest in dollar-denominated sovereign bonds of emer...