Korean financial industry
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Korean insurers tapped for Google NY building-backed $130 mn mezzanine loans
South Korea’s IGIS Asset Management Co. Ltd. is tapping domestic insurance companies to sell mezzanine loans of about 150 billion won ($130 million) s...
Nov 17, 2016 (Gmt+09:00)
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Korean insurers to invest $240 mn in senior loans for US FBI building
South Korean life and non-life insurance firms will provide about $240 million worth of senior financing for a historic 10-story office building in Wa...
Nov 03, 2016 (Gmt+09:00)
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Korean institutions to fund Qantas Airway’s aircraft lease with $20 mn mezzanine loan
A South Korean brokerage firm is raising $20 million in mezzanine debt from two to three domestic institutional investors to finance Australia’s Qanta...
Nov 03, 2016 (Gmt+09:00)
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Korean funds mull $260 mn mezzanine financing for Brookfield’s IFC Seoul purchase
Brookfield Asset Management is in talks with the Korean Teachers’ Credit Union (KTCU) and a state-run mortgage lender to secure 300 billion won ($261 ...
Nov 03, 2016 (Gmt+09:00)
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Carlyle seeks new strategic partner to bid for McDonald’s Korean unit
The Carlyle Group has been left as the sole bidder for the South Korean operations of McDonald’s, after a local dairy which had teamed up with the U.S...
Oct 27, 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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Korean investors to fund Air France’s plane lease with $34 mn mezzanine loan
The Public Officials Benefit Association (POBA) and the Yellow Umbrella Mutual Aid will invest $34 million in mezzanine debt to fund Air France’s $115...
Oct 26, 2016 (Gmt+09:00)
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Korean VC firms invest in UK drug developer, first after Brexit
Celleron Therapeutics Ltd., a cancer treatment developer founded by Oxford University professors, is poised to attract $26 million from South Korean a...
Oct 17, 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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Korean brokerage firm to buy Novartis campus in Paris for $454 mn: report
Korea Investment & Securities Co. Ltd. is set to buy an office building of Swiss pharmaceutical company Novartis under construction in Paris for 5...
Sep 30, 2016 (Gmt+09:00)
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Apollo secures $72 mn from Korean funds for German property refinancing
Apollo Global Management has attracted 80 billion won ($72 million) from a couple of South Korean pension funds to refinance part of bank loans it had...
Sep 27, 2016 (Gmt+09:00)
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CVC set to buy Korean parcel delivery firm for about $300 mn
Baring Private Equity Asia has named CVC Capital Partners as the preferred buyer of South Korea’s No.4 parcel delivery company, which the Carlyle Grou...
Sep 13, 2016 (Gmt+09:00)
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US rate hike talk alters Korean fund’s US property investment strategy
The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...
Sep 12, 2016 (Gmt+09:00)
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Korean public officials’ fund to invest $40 mn in cat bonds
The Public Officials Benefit Association (POBA), a savings fund for South Korean public officials, will select about two management firms to commit $4...
Sep 12, 2016 (Gmt+09:00)
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HPS, Crescent Capital win Korean pension fund’s $100 mn PDF mandates
The Government Employees Pension Service (GEPS) will commit $50 million to U.S.-based HPS Investment Partners and Crescent Capital Group each for over...
Sep 12, 2016 (Gmt+09:00)
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Carlyle teams up with Korean dairy to buy McDonald’s local unit
The Carlyle Group has joined forces with a local dairy to bid for the South Korean operations of McDonald’s in a deal reportedly worth 600 billion won...
Sep 01, 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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Korean firms complete $320 mn financing for Newark Energy Center of US
South Korean insurance firms and other institutions have committed a total of $250 million to a local fund set up to provide senior loans to Newark En...
Aug 17, 2016 (Gmt+09:00)
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US govt building-lease funds lure Korean investors
ING Life Insurance, fisheries cooperatives and a college fund in South Korea will put a total of $80 million into a fund run by USAA Real Estate Compa...
Aug 17, 2016 (Gmt+09:00)
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Cerberus’ new Europe property fund may attract over $370 mn from Korean investors
National Pension Service (NPS), Korea Investment Corporation (KIC) and a South Korean insurer are considering putting a combined $370 million into a r...
Aug 12, 2016 (Gmt+09:00)
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Korean public officials’ fund picks mezzanine fund firms in closed bids
South Korea’s Public Officials Benefit Association (POBA) has preliminarily chosen three U.S.-based asset management firms of mezzanine funds in limit...
Aug 10, 2016 (Gmt+09:00)
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Korean public officials’ fund to commit A$60 mn to Macquarie infrastructure fund
The Public Officials Benefit Association (POBA) of South Korea has decided to commit 60 million Australian dollars to a Macquarie infrastructure fund ...
Jul 28, 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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Baring PEA in talks with CVC, Affinity to sell Korean parcel delivery firm
Baring Private Equity Asia (PEA) has resumed the sale process of South Korea’s No. 4 package delivery company, and authorized two private equity firms...
Jul 25, 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)
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[Editor's Note]Top Korean investors' views on Brexit
The National Pension Service, the world’s 3rd largest pension scheme, has just finished its “beauty contest” to select general partners to manage dome...
Jun 30, 2016 (Gmt+09:00)
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Korean firms to raise $350 mn mezzanine fund for 10 Hudson Yards NYC - report
Two South Korean asset management firms will start to raise about 400 billion won ($346 million) in a mezzanine fund from this week to invest in 10 Hu...
Jun 30, 2016 (Gmt+09:00)
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Glenwood PE puts Korean dishwasher maker up for auction
A consortium of South Korea-based Glenwood Private Equity and NH PE have sent teaser letters to potential buyers of Tong Yang Magic, in a shift from i...
Jun 30, 2016 (Gmt+09:00)
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