funding gap in private debt
Scope
Date
~
-
Korean Teachers' Credit Union
Korean teachers' fund pockets sweet returns from US cloud-based platform
The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...
Oct 12, 2020 (Gmt+09:00)
-
Private debt
Brookfield's debt fund to raise $610 mn from Korea
Brookfield Infrastructure Partners will collect around 700 billion won ($610 million) from South Korean institutional investors for its second credit ...
Oct 12, 2020 (Gmt+09:00)
-
Private debt
Brookfield set to raise $610 mn for new infrastructure debt fund: report
Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...
Oct 11, 2020 (Gmt+09:00)
-
Real estate debt
Korean LPs commit over $94 mn to LaSalle’s $513 mn debt fund
South Korean pension and savings funds, including the Yellow Umbrella Mutual Aid Fund and the Korea Scientists and Engineers Mutual-aid Association (S...
Oct 10, 2020 (Gmt+09:00)
-
Bio
Celltrion founder aims to raise $1 bn for healthcare startup from global funds
Seo Jung-jin, founder and chairman of South Korea’s biosimilar maker Celltrion Group, said on Oct. 6 that he is in talks with a number of global...
Oct 07, 2020 (Gmt+09:00)
-
Multi asset funds
Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds
The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...
Oct 05, 2020 (Gmt+09:00)
-
Venture capital
KB Investment bulks up VC funds as parent group drives SE Asia expansion
KB Investment Co., the venture capital arm of South Korea’s KB Financial Group, is raising 100 billion won ($86 million) in a fund to invest in ...
Sep 21, 2020 (Gmt+09:00)
-
National Pension Service
NPS to cease paying management fees for Korean PEF project funds
The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...
Sep 17, 2020 (Gmt+09:00)
language -
Restructuring
Korean Air to lend $950 mn to US hotel unit for debt repayment
Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...
Sep 17, 2020 (Gmt+09:00)
-
Logistics
Teachers' savings fund to invest $85 mn in Amazon logistics center in US
The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...
Sep 14, 2020 (Gmt+09:00)
-
Renewable Energy
Hana Financial to fund Australia solar power project with $146 mn senior debts
Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...
Sep 14, 2020 (Gmt+09:00)
-
Venture capital
KB Financial's $186 mn VC fund invests $42 mn in Indian startups
KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...
Sep 10, 2020 (Gmt+09:00)
-
Central bank
BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market
The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...
Sep 08, 2020 (Gmt+09:00)
-
Infrastructure
Mirae Asset to launch $252 mn Europe infrastructure fund
Mirae Asset Global Investments Co. is preparing to launch a 300 billion won ($252 million) vehicle to invest in a European infrastructure fund.Accordi...
Sep 08, 2020 (Gmt+09:00)
-
Korean Air
Korean Air seals $835 mn in-flight business sale to private equity firm
Korean Air Lines Co. Ltd. signed a definitive agreement on August 25 to sell its in-flight duty-free and meal service business to South Korea’s ...
Aug 25, 2020 (Gmt+09:00)
-
Private equity
Hanwha Life commits $400 mn to KKR’s new Asia buyout fund
Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...
Aug 25, 2020 (Gmt+09:00)
-
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)
-
Central bank
Record-high Q2 Korean household debt heats up property, stock markets
South Korea’s household debt surged to the highest level in its history in the second quarter of the year, led by soaring mortgage loans and sec...
Aug 21, 2020 (Gmt+09:00)
-
Korea’s state pension fund needs split to improve efficiency: National Assembly report
The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...
Aug 13, 2020 (Gmt+09:00)
-
Shareholder activism
Local activist fund acquires additional 1.48% in Hanjin KAL through successful public tender
Activist fund Korea Corporate Governance Improvement (KCGI) and mid-sized builder Bando Engineering & Construction have succeeded in their pu...
Aug 12, 2020 (Gmt+09:00)
-
SK Hynix
SK Hynix joins in $60 mn funding for US chip design startup SiFive
SK Hynix Inc. has recently participated in a $60 million funding for the US semiconductor startup SiFive, SK Hynix said on August 12.Saudi Aramco and ...
Aug 12, 2020 (Gmt+09:00)
-
Joblessness rate
Korea’s July jobless claims hit $1 bn; insurance funds’ deficit to widen
South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...
Aug 10, 2020 (Gmt+09:00)
-
RFP
[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate
(On August 25, Korea Post extended the deadline for submitting proposals for its global debt investment mandate to August 31, 2020 from August 19, 202...
Aug 07, 2020 (Gmt+09:00)
-
Samsung Electronics
Samsung narrows gaps fast with image sensor market leader Sony
Samsung Electronics Co. is narrowing gaps fast with Sony Corp., the global leader in image sensors, which are widely used in smartphone cameras and ot...
Aug 04, 2020 (Gmt+09:00)
-
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)
-
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)
-
Doosan Group
Debt-laden Doosan Group puts Doosan Infracore up for sale to secure cash
Doosan Group kicked off the sale process for Doosan Infracore, the group’s construction equipment builder, with the sale manager ...
Jul 24, 2020 (Gmt+09:00)
-
Shareholder activism
Local activist fund announces tender offer for 1.2 million warrants in Korean Air's parent company
A Korean activist fund that failed to oust Hanjin KAL's current management during a shareholder meeting in March is trying to increase its stake ...
Jul 23, 2020 (Gmt+09:00)
-
IPOs
[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix
Watcha, a Korean streaming platform, is gearing up to tap into Japan and Southeast Asian markets following the completion of Series D funding worth 19...
Jul 23, 2020 (Gmt+09:00)
-
Real estate
Korea’s Aussie property fund seller seeks damages for reimbursement
KB Securities Co. Ltd. has claimed damages arising from the alleged breach of contract over an Australian real investment fund after it returned 90.4 ...
Jul 21, 2020 (Gmt+09:00)
Latest News
- 1 Bain Capital puts beauty device maker Classys on market
- 2 POSCO International eyes M&A in US natural gas market
- 3 Samsung Galaxy Z Fold Special Edition: slimmest, lightest of its kind
- 4 Hyundai Motor Group six affiliates to strengthen carbon neutrality
- 5 Samsung C&T consortium wins $1.6 bn Turkish highway project