KIC alternative assets
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Date
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KTB Asset jointly acquires $68.5 mn debt of NY building from Blackstone
South Korea’s KTB Asset Management Co. Ltd. and two other domestic institutions have invested about $68.5 million in mezzanine debt secured by a Manha...
Feb 05, 2017 (Gmt+09:00)
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KIC, NPS agree not to hire each other’s ex-fund managers: report
Korea Investment Corporation (KIC), a sovereign wealth fund, has agreed with the National Pension Service (NPS) not to employ each other’s former inve...
Jan 26, 2017 (Gmt+09:00)
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Samsung Asset to launch $500 mn global infrastructure debt fund with IFM: report
Samsung Asset Management Co. Ltd. will launch a $500 million blind-pool fund investing in infrastructure-backed debt in developed countries, and joint...
Jan 25, 2017 (Gmt+09:00)
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Korea Post’s savings arm targets 2-3% medium-risk assets; keen on CMBS, CLO: report
Korea Post’s Savings Bureau has been shifting overseas investment focus into relatively low-risk assets such as fixed-income assets since last year to...
Jan 12, 2017 (Gmt+09:00)
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NPS, KIC commit $371 mn to BC Partners’ $7.4 bn buyout fund
The National Pension Service (NPS) and the Korea Investment Corporation (KIC), two major South Korean investors, were confirmed to invest a combined &...
Jan 10, 2017 (Gmt+09:00)
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Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn
JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...
Jan 09, 2017 (Gmt+09:00)
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NPS promotes domestic alternative head to lead investment strategy
South Korea’s National Pension Service (NPS) appointed Soo-Cheol Lee, who leads domestic alternative investments, as the new head of the pension fund’...
Jan 02, 2017 (Gmt+09:00)
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NPS puts aside 2017 asset management plans after chief detained
South Korea’s National Pension Service (NPS) has indefinitely postponed a committee meeting set for Dec. 30 aimed at reviewing this year’s investment ...
Dec 29, 2016 (Gmt+09:00)
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Mirae Asset in bidding for $300 mn Charles Schwab’s US building: report
Mirae Asset Financial Group has recently submitted a letter of intent to buy a prime office building worth $300 million in San Francisco which financi...
Dec 16, 2016 (Gmt+09:00)
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Korean asset firm underwrites $61.5 mn mezzanine loan of LA office building
A South Korean handbag maker’s fund management unit has invested $61.5 million in mezzanine debt of a prime office building in Los Angeles, jointly wi...
Dec 08, 2016 (Gmt+09:00)
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KIC, Korean fund to invest $130 mn in US hotels-backed mezzanine debt: report
Korea Investment Corporation (KIC) and the country's Local Finance Association will invest a total of 153 billion won ($130 million) in U.S. mezzanine...
Nov 29, 2016 (Gmt+09:00)
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Korean asset firm raises $79 mn to invest in Blackstone-owned Las Vegas hotel
A small-sized South Korean asset management firm, Hyundai Investments Co. Ltd., has raised a real estate fund to invest 93 billion won ($79 million) i...
Nov 25, 2016 (Gmt+09:00)
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KIC to embrace broader client base, assets with eased regulations
South Korea will sharply lower the minimum amount to be entrusted to the Korea Investment Corporation (KIC) to about $86 million and allow the soverei...
Nov 16, 2016 (Gmt+09:00)
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NPS sees alternative divisions regrouped by asset class, creating deputy CIO roles
The National Pension Service (NPS) is seeking to reclassify its alternative investment divisions, currently divided into domestic and global assets, i...
Nov 15, 2016 (Gmt+09:00)
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KIC, Teachers’ Pension to invest in US warehouse fund, first since joint work agreement
Korea Investment Corporation (KIC) and the Teachers’ Pension will invest in a U.S. warehouse portfolio fund for an undisclosed sum, in their first joi...
Nov 09, 2016 (Gmt+09:00)
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Korean asset manager set to buy NASA headquarters building for about $350 mn
KTB Asset Management Co. Ltd. has been picked as the preferred buyer of the NASA headquarters building in Washington D.C. on behalf of small-sized Sou...
Oct 27, 2016 (Gmt+09:00)
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[ASK 2016 SUMMIT] KIC seeks club deals via GPs; to quicken response to deal proposal
Korea Investment Corporation (KIC), the $96 billion sovereign wealth fund of South Korea, will continue to secure deals through specialized partners a...
Oct 23, 2016 (Gmt+09:00)
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Korea insurer buys shares in Lending Club, sees P2P loans as new alternative
South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...
Oct 19, 2016 (Gmt+09:00)
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Neuberger Berman sees $100 mn fundraising in Korea to buy stakes in US asset firms
The Korean Teachers’ Credit Union (KTCU) will commit $50 million to a blind-pool fund that Neuberger Berman is in the process of raising, and other So...
Oct 18, 2016 (Gmt+09:00)
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NPS, KIC global alternative heads to discuss property, infrastructure outlook in Oct 20 summit
Keymen of major South Korean institutional investors, including the National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post,...
Oct 07, 2016 (Gmt+09:00)
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KIC sues Volkswagen over emission scandal on behalf of S.Korea govt
Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund, has lodged a lawsuit against Volkswagen on behalf of the South Korean governm...
Oct 04, 2016 (Gmt+09:00)
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Europe banks return to Korean brokerage market; target debt, alternative products
A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...
Sep 30, 2016 (Gmt+09:00)
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Mirae Asset’s $270 mn property fund for State Farm complex fully subscribed
Mirae Asset Global Investments Co. Ltd. has raised the planned 300 billion won ($270 million) in a public property fund in 10 days after it was launch...
Sep 29, 2016 (Gmt+09:00)
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Mirae Asset launches public fund for $820 mn State Farm complex deal
South Korea’s Mirae Asset Global Investments Co. Ltd. has purchased State Farm Insurance’s four-building office complex in Texas for 900 billion won (...
Sep 21, 2016 (Gmt+09:00)
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US bank loans, asset-based credit whet appetite of Korean investors
South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...
Aug 18, 2016 (Gmt+09:00)
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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, ...
Aug 02, 2016 (Gmt+09:00)
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Ex-NPS investment strategy head to lead non-equity portfolios of Korean asset firm
A former investment strategy head of the National Pension Service (NPS), Yoon-pyo Lee, will move to South Korea’s Truston Asset Management Co. Ltd. ne...
Jul 27, 2016 (Gmt+09:00)
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What makes Korean asset owners hesitate to invest in hedge funds?
The National Pension Service (NPS) has kicked off its first investment in hedge funds by choosing two fund of funds managers to entrust a total of $1 ...
Jul 26, 2016 (Gmt+09:00)
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Top Korean investors to meet UK asset managers in London on July 22
Sang-Hyun Yoo, the new global alternative division head of the National Pension Service (NPS) and senior managers of other top South Korean instit...
Jul 22, 2016 (Gmt+09:00)
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KIC sees regulation change to qualify KIC, Korean pension funds managers for CIO job
Korea Investment Corporation (KIC) has recently asked the finance ministry to revise part of regulations governing the sovereign wealth fund in order ...
Jul 15, 2016 (Gmt+09:00)