Korean Investors

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

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

Korea Investment Corporation (KIC) has named the former head of Hanwha Asset Management as its new chief investment officer to run the sovereign wealt...

It was February, 2013 when Yahoo CEO Marissa Mayer surprised Silicon Valley and business world by forbidding Yahoo staff from working remotely from ho...

South Korea’s Public Officials Benefit Association (POBA) is considering investing about $17 million to $25 million in catastrophe bonds, also known a...

Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund, may take part in project financing of overseas construction orders secu...

- 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...

South Korea’s Yellow Umbrella Mutual Aid is flexing its muscle to expand overseas alternative assets, including blind funds, in line with a rapid ...

Korea Post acquired a stake worth about $250 million of the office building in New York leased by online retailer Amazon, and expects the transaction...

Last week Korea Post, with 110 trillion won ($93 billion) of assets under management, announced four requests for proposal (RFPs) to choose general pa...

Korea Teachers’ Credit Union (KTCU), which manages 22 trillion won (about $18 billion) of assets, is considering an equity investment in holding compa...

South Korea’s Public Officials Benefit Association (POBA), a savings fund for local public officials, plans to select two offshore infrastructure inve...

- On May 26, Korea Post says plans to commit about $100 mln to 1 to 3 funds, respectively - Investment to be focused in North America or Europe thr...

- Deadline to submit proposal is May 30, 2016; Final selection set for July 1, 2016 Korea Post announced a request for proposal on May 23 for its u...

- Proposed fund size at minimum $300 mln; proposal submissions due by June 7, 2016 - Funds currently in Korea Post Savings’ hedge fund pool not el...

- Proposal submission due by June 7, 2016; final selection set for July 2016 - To pick 2 firms for publicly-offered funds with minimum $300 mln AUM...

Korea Post will focus on post-sales management capability of domestic placement agents when it assesses proposals from global general partners (GPs) f...

“Only free lunch in finance is diversification.”Korean institutional investors, who have seen their assets under management (AUM) snowball...

- NPS says its strict transparency requirement may deter talented GPs; to adopt flexible approach to solve the problem - KIC to make the best of he...

- MMAA sees active portfolio rebalancing as key requirements for hedge funds; prefers advisory firm that can accord with MMAA strategy via communicati...

- Sluggish equities and bond markets, firmer dollar dent 2015 returns - Traditional assets outperform benchmark offered by finance ministry and BOK...

- BlackRock, Blackstone, Grosvenor & UBS are on the shortlist - Hedge funds with big market share & established systems to be chosen prefer...

- Plans additional 1.5 trln won allocation after 1 trln won commitment to funds of funds in H1 - To diversify alternative asset classes to distress...

- GEPS to make 2nd commitment to global secondary PEF since 2014; investment size to triple - To pick 2 GPs by mid-June to commit $50 million, resp...

- Overseas portfolios seen to climb to over 35% by 2021 vs. 24.3% at end-2015 - Domestic portfolios seen to drop to 65% or below vs. 75.7% at end-2...

- To select 2~3 local asset managers or securities firms as GPs - If fails to bring in local GPs, it will open the door to foreign asset managers ...

- Plans to allot 480 billion won ($410 million) to new alternative investments in 2016: alternative investments may top 50% of total AUM - Interest...

- Planned investment in foreign blind PEFs in 2016 double last year’s allocation - To pick one asset manager in May to invest $220 million in Europ...

By Gyung-Bong Koh Korea Post will acquire the IZD (Internationales Zentrum Donaustadt) Tower, a landmark building in Vienna, Austria, at the cost o...