NPS Investment Management
Scope
Date
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Alternative investment
KTCU bumps up global PE investment by 90% since end-2018
The Korean Teachers’ Credit Union (KTCU) has pushed up overseas private equity investments by 90% to 1.9 trillion won ($1.6 billion) over the pa...
Sep 08, 2020 (Gmt+09:00)
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Pension funds
NPS looks to expand scope of ESG criteria to step up responsible investment
The National Pension Service (NPS) is seeking to incorporate environmental, social and governance (ESG) criteria into domestic equity and bond investm...
Sep 08, 2020 (Gmt+09:00)
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Rights offering
Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial
Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...
Sep 04, 2020 (Gmt+09:00)
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Alternative investment
NPS adds six global alternative investment managers in Q2
The National Pension Service has added three real estate investment firms, two infrastructure managers and one private equity and debt investment hous...
Sep 02, 2020 (Gmt+09:00)
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Venture Capital
Online portal Naver steps up Europe startup investment against US, China
South Korea’s largest internet portal Naver Corp. has committed 110.4 billion won ($93 million) to two Europe-focused startup funds since late l...
Sep 01, 2020 (Gmt+09:00)
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Asset allocation
Global alternatives boost KTCU’s H1 investment returns
Alternative investments became the best-performing asset class for the Korean Teachers’ Credit Union (KTCU) in the first half of this year, retu...
Aug 31, 2020 (Gmt+09:00)
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Pension fund
Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status
Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...
Aug 31, 2020 (Gmt+09:00)
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Asset allocation
NPS logs positive H1 return led by fixed incomes, alternatives
The National Pension Service eked out a 0.5% return on financial investments in the first half of this year, supported by solid gains from fixed-incom...
Aug 28, 2020 (Gmt+09:00)
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Private equity
KKR to expand Korea waste management portfolio to sewage treatment
KKR & Co. is set to acquire a non-controlling stake in a South Korean sewage management company in a deal worth up to 200 billion won ($170 millio...
Aug 27, 2020 (Gmt+09:00)
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Corporate governance
Korea's largest tiremaker mired in family feud over management control
South Korea’s largest tire manufacturer Hankook Tire & Technology Co. is in the crosshairs as the family feud over management control o...
Aug 25, 2020 (Gmt+09:00)
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Pension fund
NPS commits $100-200 mn to UK PEF's energy fund to bolster ESG portfolio
The National Pension Service (NPS) has committed between $100 million and $200 million to an energy and infrastructure fund set up by UK-based private...
Aug 24, 2020 (Gmt+09:00)
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Waste management
KKR wraps up $739 mn purchase of Korean waste management firms
KKR & Co. of the US has finalized the 875 billion won ($739 million) purchase of two South Korean waste treatment companies after completing its f...
Aug 21, 2020 (Gmt+09:00)
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RFP
[RFP] POBA seeks two global fixed-income managers for $350 mn mandate
South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...
Aug 20, 2020 (Gmt+09:00)
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FKI calls for further easing of new CVC rules to spur investment
The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...
Aug 19, 2020 (Gmt+09:00)
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Automobiles
Hanon Systems eyes top spot in world’s car thermal management system market
Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...
Aug 12, 2020 (Gmt+09:00)
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Mahindra
India’s Mahindra willing to give up management rights in Ssangyong Motor
India’s Mahindra and Mahindra Ltd., with a 75% stake in South Korea’s Ssangyong Motor Co. Ltd., has expressed its intention to give up man...
Aug 10, 2020 (Gmt+09:00)
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IPO
SK to invest $300 million in ChinData Group by joining in pre-IPO share sale
SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...
Aug 10, 2020 (Gmt+09:00)
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M&A
NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio
A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...
Aug 06, 2020 (Gmt+09:00)
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Entertainment
Naver inks $83.8 million investment deal in SM Entertainment to boost streaming platform
Naver, a Korean online platform giant, has invested 100 billion won ($83.8 million) in SM Entertainment's subsidiaries SMEJ Plus and Mystic Story in a...
Aug 04, 2020 (Gmt+09:00)
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Pension fund
NPS creates active management team for overseas traditional assets
The National Pension Service will set up teams in its overseas offices to directly handle active investments in traditional assets such as equiti...
Aug 03, 2020 (Gmt+09:00)
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Pension fund
NPS to add 200 global investment staff to cut fees, emulating CPPIB
The National Pension Service plans to carry out about a fivefold increase in overseas staffing by 2024 which will help to reduce external management f...
Jul 31, 2020 (Gmt+09:00)
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Pension fund
NPS returns shift to positive on stock market rebound
The National Pension Service has posted a 0.37% return as of the end of May, cancelling out the negative return of the previous four months as th...
Jul 31, 2020 (Gmt+09:00)
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Pension fund
Silence over NPS chief investment officer's tenure raises eyebrows within the financial community
Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...
Jul 30, 2020 (Gmt+09:00)
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RFP
[RFP] Korea Post plans to invest $200 mn in real estate mezzanine debt
Korea Post’s insurance arm is looking for one or two real estate debt managers to invest $200 million in mezzanine debt, for which it is plannin...
Jul 29, 2020 (Gmt+09:00)
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Private equity
Korean investors jointly set up a $770 million SPC to invest in KKR funds
Local institutional investors have injected $500 million (600 billion won) into a special purpose company to invest in diverse funds managed by privat...
Jul 28, 2020 (Gmt+09:00)
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Entertainment
Naver likely to invest near $83.5 million into SM Entertainment to secure K-pop content
Korea’s platform giant Naver is in talks with SM Entertainment, Korea’s largest entertainment company, to acquire shares worth approximate...
Jul 21, 2020 (Gmt+09:00)
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Asset management
Shinhan Financial in search to acquire traditional asset manager
Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...
Jul 20, 2020 (Gmt+09:00)
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Covid19
Korean pension funds relax due diligence to restart alternative investment
South Korean pension schemes and sovereign wealth fund KIC have recently restarted overseas alternative investments that had been suspended due to the...
Jul 17, 2020 (Gmt+09:00)
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Private equity
CVC diversifies Korean funding sources beyond NPS and KIC
CVC Capital Partners has raised more than $175 million from three South Korean pension plans for its record $24 billion buyout fund, diversifying fund...
Jul 15, 2020 (Gmt+09:00)
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Ardian
Ardian looking to expand Asia private equity investment
Paris-based Ardian is looking to increase private equity investments in Asia, setting its sight on technology, media, online service and healthcare se...
Jul 15, 2020 (Gmt+09:00)
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