global alternative investment head
Scope
Date
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Sovereign wealth funds
KIC aims to boost alternatives to 25% by 2027
The Korea Investment Corporation (KIC) will gradually increase alternative investments such as venture capital, private equity and debt, and infrast...
Jul 01, 2021 (Gmt+09:00)
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IPOs
Online players head S.Korea's biggest month for IPOs
South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...
Jul 01, 2021 (Gmt+09:00)
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Batteries
SK Innovation to split battery unit, eyes Nasdaq debut as it goes greener
South Korea’s SK Innovation Co. said on Thursday it is considering a spin-off of its battery business and listing the separated entity on the ...
Jul 01, 2021 (Gmt+09:00)
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Electronics
Coway keeps No.1 spot in Malaysia’s water purifier market for 10 years
South Korea’s home appliance rental service provider Coway Co. has maintained the top position in Malaysia’s water purifier rental marke...
Jul 01, 2021 (Gmt+09:00)
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Construction
Mid-sized Jungheung to buy Daewoo E&C as part of global expansion plan
South Korea’s construction firm Jungheung Construction Co., in a move to strengthen its global foothold, is buying its much larger-sized rival...
Jun 30, 2021 (Gmt+09:00)
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Alternative investments
POBA CIO advises against traditional asset mix, definition
Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...
Jun 30, 2021 (Gmt+09:00)
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Cloud computing
Edge computing revolution to fuel Korea’s growth over the next decade
Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...
Jun 30, 2021 (Gmt+09:00)
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COVID-19
Korea’s pharma consortium to develop mRNA vaccines by 2022
South Korea will develop its own messenger ribonucleic acid (mRNA) vaccines by next year with plans to annually manufacture 100 million doses from 2...
Jun 30, 2021 (Gmt+09:00)
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Pharmaceuticals
GS Group joins race to acquire Korea’s botox maker Hugel
A consortium led by South Korea’s GS Group is in talks to acquire a controlling stake in Hugel Inc., the country’s top maker of botulinu...
Jun 28, 2021 (Gmt+09:00)
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Markets
HYBE's No.3 investor exits from BTS label in block deal
Seoul-based STIC Investments, the third-largest shareholder in South Korea's HYBE Co., sold its remaining shares in the label behind BTS, in a block...
Jun 28, 2021 (Gmt+09:00)
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Artificial intelligence
Samsung Life eyes CPPIB-style stake purchases in GPs
Samsung Life Insurance Co. has drawn attention from South Korean pension and savings funds with its $90 million purchase last month of a stake in Sa...
Jun 28, 2021 (Gmt+09:00)
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Markets
Bain report renews debate on alternative trading system in Korea
With South Korea’s stock markets maintaining bullish momentum this year, debate about setting up an alternative trading system (ATS) in the co...
Jun 28, 2021 (Gmt+09:00)
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Tobacco
KT&G expands global foothold with 4,700 e-cigarette IP rights
The world’s fifth-largest tobacco maker KT&G Corporation is rapidly widening the global reach of its e-cigarette products, which have beco...
Jun 25, 2021 (Gmt+09:00)
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ESG
SK Chairman vows to achieve carbon neutrality ahead of 2050 UN target
SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...
Jun 23, 2021 (Gmt+09:00)
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Life & Arts
Art auction sales in Korea soar to highest point since 2008 financial crisis
South Korea’s art market is facing the biggest boom since the global financial crisis, drawing wealthy investors and art enthusiasts alike. Se...
Jun 23, 2021 (Gmt+09:00)
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Chemical Industry
Kolon expands hydrocarbon resins production, becomes global No.2 maker
South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...
Jun 21, 2021 (Gmt+09:00)
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Pharmaceuticals
SK Group mulls investing $100 mn in Vietnam's Pharmacity
SK Group is in the final stages of negotiations to invest $100 million in Vietnam's largest pharmacy chain, Pharmacity, as part of the South Korean ...
Jun 21, 2021 (Gmt+09:00)
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Automobiles
Hyundai NEXO, Toyota Mirai to compete in fuel cell cars as Honda exits
Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...
Jun 18, 2021 (Gmt+09:00)
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Electric vehicles
Seoul to host EV-only Formula E World Championship in 2022
South Korea’s capital Seoul will be finally hosting the ABB FIA Formula E World Championship in August 2022, with BTS as the global ambassador...
Jun 18, 2021 (Gmt+09:00)
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E-commerce
Coupang changes leadership roles to expand global business
Coupang Corp. has executed changes in leadership roles to focus more on overseas ventures. The company has entered Japan and Singapore this year. So...
Jun 17, 2021 (Gmt+09:00)
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ASK 2021 Interview
Secondary PE deals headed for record year: Pomona Capital
Secondary private equity deals have been the fastest-growing segment of the private equity market for several years and this year, they could exceed...
Jun 16, 2021 (Gmt+09:00)
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Korean startups
Service marketplace Soomgo raises nearly $30 mn in Series C round
South Korea-based Brave Mobile Inc., the operator of service matching platform Soomgo, has secured 32 billion won ($28.6 million) in a Series C fund...
Jun 14, 2021 (Gmt+09:00)
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Webtoons
Naver vs. Kakao: Global webtoon duel extends into Southeast Asia
The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast Asia with each compa...
Jun 14, 2021 (Gmt+09:00)
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Pension funds
Govt pension fund to ease due diligence to revive global deals
South Korea's Government Employees Pension Service (GEPS) has abandoned its onsite only due diligence requirements on alternative deals in an effort...
Jun 14, 2021 (Gmt+09:00)
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Private equity
IMM Investment eyes $900 mn infrastructure fund launch
IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new infrastructure fund...
Jun 11, 2021 (Gmt+09:00)
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IPOs
Blackstone-invested handbag maker Simone applies for IPO review
South Korea’s luxury handbag maker Simone Acc. Collection Ltd., 30% owned by US private equity firm Blackstone, has kicked off a process to li...
Jun 11, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai, SK, POSCO, Hyosung agree to launch Korea’s hydrogen council
Hyundai Motor Group and three other South Korean conglomerates have agreed to launch an industry-wide consultative body on hydrogen, underscoring an...
Jun 10, 2021 (Gmt+09:00)
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Organizational restructuring
SKT to spin off; 5-for-1 stock split in November
South Korea’s largest mobile carrier SK Telecom Co. is moving forward with its spin-off plan announced in April. SK Telecom held a board meeti...
Jun 10, 2021 (Gmt+09:00)
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Batteries
Samsung SDI mulls EV battery JV in US; partnership with global automaker
Samsung SDI Co., one of South Korea’s top three electric vehicle battery makers, is considering launching a battery production joint venture i...
Jun 09, 2021 (Gmt+09:00)
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Korean startups
Naver-invested startups' combined valuation increases sixfold; tops $1 bn
The combined valuation of some 70 tech startups that received funding from the platform giant Naver Corp. has reached around 1.3 trillion won ...
Jun 09, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore