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...

Affinity Equity to refinance Serveone to recoup investment

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

Kakao Games invests $15 mn in Playable Worlds for global expansion

Kakao Games Corp., a game publishing unit of Korea’s web service giant Kakao Corp., has invested $15 million in US game studio Playable Worlds...

Samsung to supply chip substrate for Apple’s next-gen M2 processor

Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...

KDB resumes global venture IR event in Singapore

South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...

South Korean conglomerates race to establish CVCs 

One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...

One Store refiles IPO application, changing peer group list

One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...

US and German startups funded by Mirae Asset join ranks of unicorns

Mirae Asset Venture Investment Co. is forecast to rake in more than 400 billion won ($325 million) for its investment in Moloco Inc. Mirae As...

Warehouses pile financial burden on investment firms

South Korea’s logistics centers are ramping up the financial pressure on real estate investment firms. Previously a favored property type, i...

Shinhan Card makes strategic investment in car sales platform

South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...

US hedge fund urges SK to focus on share buybacks

US hedge fund Dalton Investments LLC has urged SK Inc., the holding company of South Korea’s SK Group, to focus more on share buybacks and can...

S.Korea’s top securities firms enjoy high returns on fintech investment

South Korea’s startups raked in a record amount of investment last year, thanks to the number of unicorns reaching an all-time high.This was n...

Korea Post to tap two GPs for global PE secondaries

Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...

IPOs see low offering prices and declining returns in Q1

South Korea’s initial public offerings are seeing lackluster investor interest in bookbuildings this year. Drops in some recent public offerin...

Healthcare, tech top Korean LPs' favorite PE sectors

Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...

Healthcare, tech top Korean LPs' favorite PE sectors

Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...

Korea’s Q1 facility investment cut in half, spooked by macroeconomic risks

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

Korea’s top adult webtoon platform targets global market

Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...

SK On to raise $822.5 mn from Korean PEF consortium

South Korea’s SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to raise up to 1 trillion won ($822.5 million)...

Automobile, chemical, refinery lead manufacturing sector revival 

South Korea’s manufacturing sector saw an unexpected revival during the economic downturn caused by the COVID-19 pandemic. Last year, 23 ...

Smartphone material maker NexFlex draws bidders

NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...

MBK seeks to exit Korea’s Lotte Card for over $2.5 bn

MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...

SK Lubricants invests $25 mn in US liquid immersion cooling firm

SK Lubricants Co., the world’s largest lube base oil supplier, invested $25 million in a US liquid immersion cooling solutions provider for da...

Samsung’s Life Science Fund invests in US biotech Jaguar Gene Therapy

Samsung Group’s 150 billion won ($124 million) Life Science Fund launched last year has chosen a leading US gene therapy development company a...

MBK sees most productive year ever, returning $5.3 bn to investors

MBK Partners will be bold in moving into more Asian markets this year, wrote the company's founder and chairman Michael ByungJu Kim, in his annual l...

Koreans return to foreign stock funds for bargain hunting

South Korean funds for overseas stock investments enjoyed the return of money to buy growth shares in the US on dips this year, while local investor...

Hanwha Solutions to raise $491 mn with materials unit split-off

South Korea’s Hanwha Solutions Corp. is set to split off its advanced materials business and sell a stake in the unit to raise $491 million fo...

Local hotels lure investment on hopes of returning visitors

Investment firms in South Korea are injecting funds into domestic hotels, preparing for the post-pandemic era. The firms are particularly focusing...

SK Chemicals to invest $1.6 bn in green, biopharmaceutical sectors

South Korea’s SK Chemicals plans to invest more than 2 trillion won ($1.6 billion) in eco-friendly material and biopharmaceutical businesses.T...

Art investment platform operator Yeolmae Co. raises $14 mn in Series B

South Korean startup Yeolmae Company announced Monday it received 17 billion won ($14 million) worth of funds through its Series B round. With the l...