SeriesB funding
Scope
Date
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Private equity
MBK Partners sees 2nd special situations fund launch in H2
North Asia-focused private equity firm MBK Partners is looking to launch its second special situations fund in the second half of this year to capital...
May 20, 2020 (Gmt+09:00)
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Venture capital
Singapore’s Vickers Venture tapping Korean institutions for $500 mn fund
Vickers Venture Partners, a Singapore-based venture capital firm, is tapping South Korean institutional investors in the second round of fundraising t...
May 19, 2020 (Gmt+09:00)
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Korean Air
US hedge fund calls on Korean Air to sell baggage handling unit
A US hedge fund with a stake in Korea Airport Service Co. Ltd. (KAS), a majority owned by Korean Air Lines Co. Ltd., is calling on the carrier to sell...
May 11, 2020 (Gmt+09:00)
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Private equity
[RFP] Korea Post seeks PE secondary funds for $200 mn mandate
Korea Post’s insurance arm plans to select two global private equity funds to invest up to $200 million in private equity secondary markets in 2...
Apr 28, 2020 (Gmt+09:00)
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Private equity
Sovereign wealth funds to boost post-Covid-19 cooperation: KIC
Chief executives of sovereign wealth funds, including China Investment Corp. and Singapore’s GIC, and leading financial institutions have discus...
Apr 28, 2020 (Gmt+09:00)
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Logistics
Canada and Dutch pension funds to launch $1 bn Korean logistics JV with ESR
Canada Pension Plan Investment Board (CPP Investments), the Netherlands’ APG and China’s logistics property developer ESR have agreed to s...
Apr 24, 2020 (Gmt+09:00)
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Alternative investment
Mirae Asset leads $23 mn funding for Indian food delivery startup
Mirae Asset Daewoo Co. Ltd. has led a $23 million investment in Indian food delivery platform Swiggy by South Korean companies in their first investme...
Apr 08, 2020 (Gmt+09:00)
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Real estate
Outbound real estate funds hit by first capital outflow in over 4 years
South Korea’s real estate funds for outbound investment saw their first net capital outflows in four and a half years in March, hit by delays in...
Apr 06, 2020 (Gmt+09:00)
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Hedge fund
NPS makes first single-manager hedge fund investment with $810 mn
The National Pension Service committed about 1 trillion won ($810 million) to four global hedge fund houses in 2019, in its first investment in single...
Apr 03, 2020 (Gmt+09:00)
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Alternative investment
Korean LPs receive massive capital calls from global funds
Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...
Apr 02, 2020 (Gmt+09:00)
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Alternative investment
Pension funds eye bargains in equities and bonds; alternatives on hold
A number of South Korean pension funds are looking to hunt for bargains in the battered equity and bond markets, while postponing investment in infras...
Mar 30, 2020 (Gmt+09:00)
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Alternative investment
POBA to commit $120 mn to US housing development fund
The Public Officials Benefit Association (POBA) will commit $120 million to a US single-family housing development fund worth about 750 billion won ($...
Mar 23, 2020 (Gmt+09:00)
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Alternative investment
Korean funds hold off new midstream project investments
Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...
Mar 21, 2020 (Gmt+09:00)
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Pension fund
Construction workers’ fund names ex-Hanwha General investment head as CIO
The Construction Workers Mutual Aid Association (CWMA) has appointed Wihwan Lee, a former investment head of Hanwha General Insurance CO. Ltd., as chi...
Feb 18, 2020 (Gmt+09:00)
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Debt financing
Meritz Securites funds KKR’s German media group acquisition
Meritz Securities Co. Ltd. has provided 200 million euros ($218 million) in a senior loan to fund KKR & Co.’s $3.4 billion purchase in 2019 ...
Feb 11, 2020 (Gmt+09:00)
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Private equity
KKR secures $1.2 bn exits in Korea for two Asia funds
KKR & Co. has sold a modern logistics facility it had developed in a South Korean port in a transaction estimated to be worth more than 200 billio...
Feb 05, 2020 (Gmt+09:00)
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M&A
NH, Shinhan fund Helsinki office complex purchase with $210 mn equity
NH Investment & Securities Co. Ltd. and Shinhan Investment Corp. have underwritten about 250 billion won ($210 million) in equity to fund the 480 ...
Feb 04, 2020 (Gmt+09:00)
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Private Equity
Korean biotech fund reaps triple-digit return on two Nasdaq-listed firms
South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...
Jan 21, 2020 (Gmt+09:00)
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Pension fund
Three Korean pension fund CEOs quit to run in general election
About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...
Jan 16, 2020 (Gmt+09:00)
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Private equity
Shinhan Financial to raise $200 mn for KKR’s tailor-made funds
Shinhan Financial Group will raise $200 million for two KKR funds of funds (FoFs) tailor-made for the South Korean banking group, under a strategic pa...
Jan 10, 2020 (Gmt+09:00)
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Alternative investment
Shinhan raises $330 mn for Carlyle’s bespoke revolving loan fund
Shinhan Alternative Investment Management Inc. (SAIM) has raised $330 million for the Carlyle Group’s newly launched revolving loan fund (CREV) ...
Jan 07, 2020 (Gmt+09:00)
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Pension fund
POBA to commit $111 mn to AXA’s $1.6 bn Europe logistics fund
The Public Officials Benefit Association (POBA) will commit around 130 billion won ($111 million) to AXA Investment’s 1.4 billion euro ($1.6 bil...
Jan 03, 2020 (Gmt+09:00)
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Pension fund
NPS sets up $860 mn Vietnam investment fund with SK Group
The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...
Dec 18, 2019 (Gmt+09:00)
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Private debt
Yellow Umbrella Mutual commits $540 mn to overseas debt funds
Yellow Umbrella Mutual Aid Fund, a savings arm for South Korea’s small-sized business owners, has committed $540 million to overseas debt funds ...
Dec 07, 2019 (Gmt+09:00)
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Asset allocation
KFCC to allocate $6 bn to alternative investment blind funds for next 3 yrs
MG Korean Federation of Community Credit Cooperatives (KFCC) will allocate a total of 7 trillion won ($6 billion) to alternative investment blind-pool...
Dec 04, 2019 (Gmt+09:00)
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Startup
SK Group, Hillhouse Capital to form $850 mn fund to invest in Chinese start-ups
SK Group will set up a 1 trillion won ($850 million) fund with China’s private equity firm Hillhouse Capital Group to invest in Chinese start-up...
Dec 02, 2019 (Gmt+09:00)
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Pension fund
[RFP] Construction workers’ fund to commit $25 mn to global infra debt fund
The Construction Workers Mutual Aid Association (CWMA) plans to commit $25 million to a global infrastructure blind-pool fund investing in senior or m...
Nov 20, 2019 (Gmt+09:00)
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Alternative investment
AMP Capital’s $6.2 bn infrastructure fund raises $1.2 bn from Korea
Twenty-four South Korean institutional investors, including the National Pension Service, the Korean Teachers’ Credit Union and the Public Offic...
Nov 18, 2019 (Gmt+09:00)
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Alternative investment
Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant
Mirae Asset Global Investments Co. Ltd. will provide $425 million in equity and debt financing for the acquisition of a desalination plant in San Dieg...
Oct 17, 2019 (Gmt+09:00)
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Alternative investment
Korean funds shelve Japan alternative investment on sour relations
South Korean institutional investors, including the National Pension Service, have put on hold new alternative investments in Japan due to soured rela...
Oct 01, 2019 (Gmt+09:00)