Hana Alternative Investment Asset Management
Scope
Date
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Sovereign wealth funds
KIC buys stake in US credit asset manager Golub Capital
Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...
Dec 09, 2022 (Gmt+09:00)
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Leadership & Management
Samsung tightens belt to gird for worsening economic conditions
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...
Dec 09, 2022 (Gmt+09:00)
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Economy
Korea October current account surplus tumbles as exports slide
South Korea’s current account surplus plunged as exports fell for a second straight month, adding to concerns over a slowdown in Asia’s ...
Dec 09, 2022 (Gmt+09:00)
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Korean startups
Art tech platform Tessa attracts strategic investment from Kyobo Securities
The art tech platform Tessa said on Thursday that it has succeeded in attracting strategic investment from Kyobo Securities Co. The amount of invest...
Dec 08, 2022 (Gmt+09:00)
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Logistics
Coupang to invest $4.7 billion in supply chains in Korea over 12 years
South Korea's e-commerce giant Coupang has briefed US Ambassador to Seoul Philip Goldberg at the company's fulfillment center in Daegu, a fa...
Dec 08, 2022 (Gmt+09:00)
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Automobiles
SK Car Rental acquires ISO 45001 for safety, health management system
SK Car Rental said on Wednesday that it has obtained the safety and health management system (ISO45001) certification from the British Standards Ins...
Dec 07, 2022 (Gmt+09:00)
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Chemical Industry
S.Korea develops carbon composite materials as its 2nd steel industry
The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...
Dec 07, 2022 (Gmt+09:00)
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Business & Politics
LG plans additional $4 billion investment in Vietnam
South Korean electronics giants including LG Electronics and Samsung Electronics plan to pour billions of dollars of additional investment into Viet...
Dec 07, 2022 (Gmt+09:00)
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Venture capital
Daol Financial Group to let go of VC affiliate, hit by liquidity crunch
The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...
Dec 06, 2022 (Gmt+09:00)
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Artificial intelligence
Twelve Labs secures $12 mn for AI-powered video analysis platform
Twelve Labs Inc., a South Korean artificial intelligence-powered video search platform developer, closed its seed extension round with an additional...
Dec 06, 2022 (Gmt+09:00)
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Companies
SK Discovery launches bio strategy, investment division
Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-hoon, director of SK...
Dec 06, 2022 (Gmt+09:00)
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Real estate
DWS taps Steven Kim as APAC real estate asset management head
German asset management giant DWS Group said on Dec. 5 that it has appointed DWS Asset Management Korea’s Director Steven Kim (Kim Sang-wook) ...
Dec 05, 2022 (Gmt+09:00)
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Executive reshuffles
Samsung Elec names first female president under Chairman Jay Y. Lee
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...
Dec 05, 2022 (Gmt+09:00)
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Korean startups
Korean restaurant startup GFFG raises $23 million in Series A round
South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 million) in Series A roun...
Dec 05, 2022 (Gmt+09:00)
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Asset management
Mispriced risk in EU, UK real estate brings appealing opportunities: Abrdn
European real estate prices are adjusting, creating mispriced risk amid current market turbulence. This brings attractive opportunities for investor...
Dec 05, 2022 (Gmt+09:00)
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Blockchain
Blockchain co. Reality Reflection's board to discuss mangement reshuffle
The South Korean blockchain ecosystem is facing a string of management disputes, hit by worsening conditions of the global cryptocurrency market.&nb...
Dec 05, 2022 (Gmt+09:00)
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Capital raising
Nearly half of Korean firms plan no domestic investment next year
Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...
Dec 05, 2022 (Gmt+09:00)
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Batteries
LG Energy, GM to inject another $275 mn in Tennessee plant
South Korean battery maker LG Energy Solution Ltd. and General Motors Co. plan to inject an additional $275 million in a US electric vehicle battery...
Dec 04, 2022 (Gmt+09:00)
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Capital raising
Industrial Bank of Korea provides Silicon Valley-style financing for startups
Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...
Dec 02, 2022 (Gmt+09:00)
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Venture capital
VC firms rake in profit of up to 6 times principal from Raemongraein
Venture capital firms that invested in media production company Raemongraein Co. raked in significant profit from the surge in popularity of the TV ...
Dec 02, 2022 (Gmt+09:00)
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Pension funds
NPS shortlists 6 candidates for chief investment officer opening
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-S...
Dec 01, 2022 (Gmt+09:00)
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Machinery
LS Cable & System Asia expands cable production capacity in Vietnam
LS Cable & System Asia said on Thursday that it has invested 6.8 billion won in its Vietnamese subsidiary LS Cable & System Vietnam to compl...
Dec 01, 2022 (Gmt+09:00)
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ESG
SK Inc. bulks up green investments to achieve net zero by 2035
SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is taking preemptive steps to expand its eco-friendly busin...
Dec 01, 2022 (Gmt+09:00)
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Capital raising
SK On attracts $1 billion in investment
SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...
Dec 01, 2022 (Gmt+09:00)
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Korean chipmakers
Biden hails SK Siltron’s investment in Michigan as 'game changer'
BAY CITY, Michigan – For the first time since taking office, United States President Joe Biden toured a US subsidiary of South Korean conglome...
Nov 30, 2022 (Gmt+09:00)
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Pension funds
NPS posts 7% investment loss in Q1-Q3 as equities, bonds plunge
National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwe...
Nov 29, 2022 (Gmt+09:00)
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Corporate investment
First joint law office with overseas firm to open in Korea
The first South Korea-overseas joint law firm is set to start operations in Seoul.The joint firm of Korean law firm Hwahyun and UK’s Ashurst h...
Nov 29, 2022 (Gmt+09:00)
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Corporate bonds
KEPCO raises $368 mn via bond issuance on heated demand
Korea Electric Power Corp. (KEPCO) saw on Nov. 27 around 1.7 trillion won ($1.3 billion) worth of investor bids for its bond issuance targeting 400 ...
Nov 29, 2022 (Gmt+09:00)
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Robotics
Korea’s e-commerce giant Coupang to invest in logistics automation
Coupang Inc. is poised to invest in the automation transformation of its logistics system, according to industry insiders. Headquartered in Seo...
Nov 29, 2022 (Gmt+09:00)
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Asset management
Market volatility creates opportunities for secondary buyers: Stafford
Equity and bond portfolios' shrinking assets are major challenges currently faced by global investors in terms of asset allocation. But the situatio...
Nov 28, 2022 (Gmt+09:00)