Private equity
Private equity
EQT set to invest in KKR-backed fashion unicorn Musinsa
Apr 14, 2025 (Gmt+09:00)
-
Private equity
Glenwood PE to increase blind fund to $1 bn on pension funds’ interest
South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad,...
Apr 11, 2025 (Gmt+09:00)
2 Min read -
Private equity
Geopolitics rewrite investment playbook – and that’s an opportunity: KKR
In an era of escalating geopolitical uncertainty, the head of one of the world’s largest private equity firms sees opportunity – not retr...
Apr 10, 2025 (Gmt+09:00)
7 Min read -
Private equity
MBK sees better exit landscape in 2025, bets on governance reform
MBK Partners sees a recovery in the exit environment in 2025 and seeks to capitalize on the opportunities emerging from corporate governance reform t...
Apr 03, 2025 (Gmt+09:00)
4 Min read -
Private equity
MBK Special Situations relinquishes Korean investment advisory license
MBK Partners Special Situations (MBKP SS), which operates the Seoul-based private equity firm’s credit situations funds, has voluntarily relinq...
Mar 21, 2025 (Gmt+09:00)
2 Min read -
Private equity
Red flags raised even before Homeplus crisis: Sales fall, credit ratings cut
Even before South Korea’s second-largest hypermarket chain Homeplus Co. was put under court receivership due to its worsening financial woes, t...
Mar 18, 2025 (Gmt+09:00)
5 Min read -
Private equity
South Korea emerges as private equity firms’ global hub
New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that h...
Mar 11, 2025 (Gmt+09:00)
2 Min read -
Private equity
Affinity, GIC sell out of Kyobo Life; Chairman Shin seeks holding firm, M&A
Affinity Equity Partners and Singapore’s sovereign wealth fund GIC have sold their entire stake in Kyobo Life Insurance Co., exiting from their...
Mar 07, 2025 (Gmt+09:00)
3 Min read -
Private equity
MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim
MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling h...
Mar 05, 2025 (Gmt+09:00)
4 Min read -
Private equity
MBK-owned Homeplus files for corporate revamp with Seoul court
South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed ...
Mar 04, 2025 (Gmt+09:00)
4 Min read -
Private equity
Kyobo Life’s Shin in talks with Affinity, GIC over exits below purchase price
Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is in talks with some of its financial investors (FIs) to help them exit fr...
Feb 25, 2025 (Gmt+09:00)
3 Min read -
Private equity
Bain Capital acquires control of Mohegan's Korean resort
Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in S...
Feb 18, 2025 (Gmt+09:00)
1 Min read -
Private equity
EQT targets healthcare, technology, business service providers in Korea
EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Kor...
Feb 14, 2025 (Gmt+09:00)
2 Min read -
Private equity
Glenwood Credit stresses role as reliable financial partner: CEO Lee
Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or ...
Feb 11, 2025 (Gmt+09:00)
3 Min read -
Private equity
How STIC Investments’ bet on animal fat processor DK O&T paid off
In South Korea, businesses handling livestock by-products have lacked investor appeal. They were usually mom-and-pop businesses and appeared to hold ...
Jan 17, 2025 (Gmt+09:00)
3 Min read -
Private equity
Korea’s Hwasung Cosmetics shines with Affirma Capital’s Midas touch
Singapore-based private equity firm Affirma Capital has turned Hwasung Cosmetics into an emerging original design manufacturer (ODM) for global beaut...
Jan 16, 2025 (Gmt+09:00)
3 Min read -
Private equity
Korean lenders to Accell warn they may boycott KKR
KKR & Co. is facing a huge backlash from South Korean financial services firms after the debt restructuring of Dutch bicycle manufacturer Accell ...
Jan 10, 2025 (Gmt+09:00)
2 Min read -
Private equity
Premier Partners, Praxis Capital lead 2024 Korea PE fundraising
Premier Partners and Praxis Capital are on track to raise 1 trillion won ($680 million) in their respective funds after the two South Korean private ...
Dec 31, 2024 (Gmt+09:00)
3 Min read -
Private equity
Affinity to transform top Korean car rental firms into mobility service providers
Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitability...
Dec 10, 2024 (Gmt+09:00)
3 Min read -
Private equity
Hong Kong-based PEF Affinity Equity to acquire control of Lotte Rental
Affinity Equity Partners, a Hong Kong-based investment firm, will acquire a controlling stake in South Korea’s No. 1 car rental and leasing com...
Dec 06, 2024 (Gmt+09:00)
2 Min read -
Private equity
Kamur PE sells cutting tool maker JJ Tools to Blackstone
Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ T...
Nov 27, 2024 (Gmt+09:00)
1 Min read -
Private equity
La Defense might have a say over Hanmi Pharm's family feud
La Defense Partners is expected to exercise a casting vote over the ongoing management dispute at Hanmi Science Co. after the Seoul-based private equ...
Nov 26, 2024 (Gmt+09:00)
2 Min read -
Private equity
Eximbank of Korea to commit $143 mn to 4 Korean PEs
IMM Investment, Korea Investment Private Equity (PE), Corstone Asia, and Paratus Investment have been selected for the Export-Import Bank of Korea's ...
Nov 25, 2024 (Gmt+09:00)
1 Min read -
Private equity
US private equity giant Apollo opens Seoul office for APAC expansion
Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pac...
Nov 19, 2024 (Gmt+09:00)
2 Min read -
Private equity
MBK Partners’ 6th buyout fund raises $5 bn at 2nd close
MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach i...
Nov 19, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
Korea Zinc teams up with brokerage firm to counter MBK
Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company&...
Sep 19, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
MBK not to sell Korea Zinc to China after tender offer
MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 t...
Sep 19, 2024 (Gmt+09:00)
4 Min read -
Private equity
MBK Partners’ sale of Homeplus Express hits snag over valuation gap
MBK Partners’ planned sale of Homeplus Express, the supermarket chain of South Korean hypermarket operator Homeplus, has hit a snag as potentia...
Aug 30, 2024 (Gmt+09:00)
2 Min read -
Private equity
Affinity Equity bets big on Korea's car rental market
The car rental business resembles financial services. Buying cars with borrowed money, renting them out and eventually selling them to used car deal...
Aug 29, 2024 (Gmt+09:00)
3 Min read -
Private equity
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy ...
Aug 23, 2024 (Gmt+09:00)
2 Min read
Latest News
- 1 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google