Chung Ju-yung Angel Investment Fund
Scope
Date
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Future mobility
Hyundai Motor to make EVs in US with $7.4 bn investment by 2025
Hyundai Motor Group will pump $7.4 billion into its US operations by 2025, with a focus on future mobility segments, including electric vehicles (EV...
May 14, 2021 (Gmt+09:00)
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ASK 2021
KIC says still premature to invest in cryptocurrencies
The Korea Investment Corp. (KIC) is keeping an eye on cryptocurrencies as some famed hedge fund managers began investing in the virtual asset, but i...
May 13, 2021 (Gmt+09:00)
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Korean chipmakers
ASML joins K-Semiconductor Belt with $210 mn investment by 2025
The Netherlands-based ASML Holding N.V., the world’s leading supplier of semiconductor equipment, will be joining the South Korean government-...
May 13, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan
Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its archrival TSMC. The ...
May 13, 2021 (Gmt+09:00)
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Korean startups
SoftBank Ventures invests in fashion app targeting middle-aged women
South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...
May 13, 2021 (Gmt+09:00)
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ESG investment
LG Chem to invest $134 mn in incubator fund for firms with ESG tech
LG Chem Ltd., South Korea’s leading chemical and battery maker, said on Tuesday it is investing 150 billion won ($134 million) in an incubator...
May 11, 2021 (Gmt+09:00)
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Real estate
Korean investors in renewed push for global property deals
South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...
May 07, 2021 (Gmt+09:00)
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Korean startups
Food tech startup Sir.LOIN seeks Series B funding; valuation to top $40mn
South Korea-based food tech company Sir.LOIN Inc. is seeking Series B funding in the range of 10 billion won as industry watchers project the startu...
May 06, 2021 (Gmt+09:00)
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ASK 2021
Howard Marks to talk about post-pandemic investments
Veteran value investor Howard Marks, Oaktree Capital Management co-founder and co-chairman, will give a keynote speech on the topic of "Investing in t...
May 04, 2021 (Gmt+09:00)
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Chief Investment Officers
Ex-police fund CIO picked to lead Yellow Umbrella Mutual
Lee Do-yoon, a former chief investment officer of South Korea's Police Mutual Aid Association (PMAA), has been named as CIO of the Yellow Umbrella M...
May 04, 2021 (Gmt+09:00)
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Venture capital
LG Electronics, Mirae Asset to launch $90 mn fund to invest in startups
South Korea’s LG Electronics Inc. and Mirae Asset Group have agreed to launch a 100 billion won ($90 million) joint venture-capital fund to he...
Apr 30, 2021 (Gmt+09:00)
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Private equity
Mirae Asset to launch $900 mn US logistics fund
Mirae Asset Global Investments Co. is set to launch a 1 trillion won ($900 million) blind pool fund to invest in US logistics facilities, into which...
Apr 29, 2021 (Gmt+09:00)
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Korean startups
Startup funding: Metaverse platform Anipen; autonomous vehicle simulator Morai
South Korea-based metaverse platform Anipen has raised 8.5 billion won ($7.6 million) from VC firms, including Partners Investment and Union Investm...
Apr 27, 2021 (Gmt+09:00)
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Korean startups
Team Fresh secures $6 mn via stake sale to DSC Investment
South Korea-based venture capital firm DSC Investment announced on Apr. 27 that it has acquired a 6.5% stake, valued at around 6.5 billion won ($5.8...
Apr 27, 2021 (Gmt+09:00)
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Asset management
Templeton to pull out of Korean retail fund market
Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...
Apr 27, 2021 (Gmt+09:00)
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Korean chipmakers
Second-tier chipmakers ramp up investments amid chip shortage
Second-tier chipmakers have been ramping up investment to boost their footing in the industry as they expect chip demand to gradually increase in li...
Apr 25, 2021 (Gmt+09:00)
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Asset management
KOTAM raises $185 mn for BlackRock's new energy fund
Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...
Apr 22, 2021 (Gmt+09:00)
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RFPs
Korean govt pension to commit $105 mn to 3 global infra funds
South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this year, targeting a net i...
Apr 22, 2021 (Gmt+09:00)
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EV batteries
Copper foil maker raises $700 mn funding to build Europe plant
South Korea's Iljin Materials Co., which produces copper foils for rechargeable batteries and printed circuit boards (PCBs), has received 800 billio...
Apr 21, 2021 (Gmt+09:00)
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Batteries
SK expands EV profile with Signet EV acquisition, Polestar investment
SK Group will enter the fast-growing electric vehicle (EV) charger market by acquiring a majority stake in South Korea’s industrial charger ...
Apr 15, 2021 (Gmt+09:00)
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Investment returns
Korean funds, firms eye jackpot from Grab’s Nasdaq listing
South Korea’s National Pension Service (NPS), other state-run savings funds and big companies are expected to pocket decent gains from their...
Apr 14, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung walks tightrope on US investment; invited to White House talks
Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...
Apr 12, 2021 (Gmt+09:00)
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Entertainment
Iyuno-SDI Group raises $160 mn follow-on investment from SoftBank
Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a follow-on investment ...
Apr 09, 2021 (Gmt+09:00)
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Korean Investors
Naver invests $150 million in Indonesia’s No.1 media group Emtek
South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest techno...
Apr 07, 2021 (Gmt+09:00)
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EV batteries
SK Group eyes jackpot from investment in battery maker SES
South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batt...
Apr 05, 2021 (Gmt+09:00)
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Pension funds
Korean teachers' fund reaps best return since 2009
The Korean Teachers' Credit Union (KTCU) achieved its highest investment return in 11 years of 10% in 2020, led by substantial gains from domestic e...
Apr 04, 2021 (Gmt+09:00)
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ESG
BOK to stop investing in low ESG scorers
South Korea’s central bank will exclude companies with low ESG ratings from its portfolio of foreign currency assets. The Bank of Korea has de...
Apr 01, 2021 (Gmt+09:00)
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Asset management
BlackRock sheds $620 mn Korean retail fund business
BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...
Mar 31, 2021 (Gmt+09:00)
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Fintech
SoftBank-backed Balance Hero raises $10 mn in debt funding from India
South Korean fintech startup Balance Hero has raised around $10 million in debt funding led by the India-based non-banking financial company (NBFC) ...
Mar 31, 2021 (Gmt+09:00)
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Energy
SK E&S to invest $1.4 bn in Australia LNG project
SK E&S Co. will invest $1.4 billion in a gas field development project offshore northern Australia that had been postponed due to the global pan...
Mar 30, 2021 (Gmt+09:00)
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