third-party allocation

National Pension Service (NPS) of South Korea said on Feb. 28 it hired Allspring Global Investments LLC, BlackRock Inc. and Morgan Stanley Investm...

South Korea's SK Ecoplant Co. has raised a total of 1 trillion won ($830 million) from four domestic private equity firms, including 390 billion won...

Korean food is all about ingredients, which alongside various fermentation techniques, have made kimchi a global side dish enjoyed not just as centr...

South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...

Korea Post will increase its alternative investment from 13.6 trillion won ($11.3 billion) at the end-2021 to 16.7 trillion won ($13.9 billion) in 2...

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...

South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...

South Korea's car output in 2021 is estimated to have tumbled to its lowest level in 17 years as a global shortage of semiconductors slowed down pro...

South Korea’s LG Energy Solution Ltd. has set an initial public offering price band for the largest-ever initial listing in the country next...

South Korea's National Pension Service (NPS) Investment Management said on Nov. 29 it earned 67.4 trillion won ($56.5 billion) return for the first ...

Korea Investment Corporation (KIC) saw as many as 10 professionals of its alternative investment division resign from the South Korean sovereign wea...

LG Energy Solution Ltd. will list its shares on the main bourse around the end of January, valuing the top South Korean battery maker between 70 tri...

South Korea's largest insurance company Samsung Life Insurance Co. and state-run postal savings and insurance agency Korea Post’s insurance ...

A former top prosecutor, nominated as the South Korean main opposition party's presidential candidate last Friday, has widened his lead over the rul...

SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...

South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...

Hyundai Heavy Industries Co. became the third-most subscribed stock in South Korea after its initial public offering drew 1,130 trillion won ($968 b...

The Bank of Korea has ended its ultra-easy monetary stance by bumping up the base interest rate by 25 basis points from a record-low 0.5% on Thursda...

Hyundai Heavy Industries Group’s shipbuilding unit Korea Shipbuilding & Offshore Engineering (KSOE) has landed its third large-scale offsh...

Six out of 10 South Koreans believe their children will be financially worse off than their parents, marking the highest number for the country sinc...

Krafton Inc. has locked up more than 80% of its IPO shares allocated to institutional investors, in a move to prevent mass selling of its shares imm...

Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...

SK Hynix Inc., the world’s second-largest memory chipmaker, on Tuesday posted its highest quarterly profit and sales in nearly three years on ...

Private equity firms (PEFs) have participated in one in every three buyout deals involving South Korean companies in the first six months of the yea...

The initial public offering of South Korea's KakaoBank has drawn the largest-ever amount of bids from institutional investors for a domestic listing...

South Korea is a step closer to stopping app store operators like Google Inc. and Apple Inc. from requiring all digital content purchases from apps ...

Baring Private Equity Asia has finally cashed out of South Korea's No. 5 parcel delivery company with a double-digit return, in eight years since it...

Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...