Private equity
Private equity
MBK Partners’ sale of Homeplus Express hits snag over valuation gap
Aug 30, 2024 (Gmt+09:00)
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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 -
Artificial intelligence
Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as t...
Aug 20, 2024 (Gmt+09:00)
4 Min read -
Venture capital
SoftBank-backed Tridge in trouble amid Korean startup doom
Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial tr...
Jul 31, 2024 (Gmt+09:00)
5 Min read -
Private equity
Korean PE funds shrink in 2023 for first time in 7 years
South Korean private equity investments declined last year for the first time since 2016 due to interest rate hikes, high inflation and the Korean wo...
Jun 26, 2024 (Gmt+09:00)
2 Min read -
Short selling
MSCI keeps Korea on emerging market list on short-selling ban
MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country’...
Jun 21, 2024 (Gmt+09:00)
2 Min read -
Private equity
Affinity to buy Korea's No. 2 car leasing firm for $591 mn
Affinity Equity Partners will buy a 100% stake in South Korea’s second-largest car leasing company SK Rent-a-Car Co. for 820 billion won ($591....
Jun 20, 2024 (Gmt+09:00)
2 Min read -
Private equity
Affirma Capital seeks to sell entire stake in both SeAH FS, S&G Holdings
Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and ...
Jun 20, 2024 (Gmt+09:00)
2 Min read -
Private equity
Tcha Partners mulls largest-ever sale of Korean bus operators
Seoul-based private equity firm Tcha Partners Asset Management Co., which owns 17 domestic quasi-public bus operators via four funds that closed at 3...
Jun 17, 2024 (Gmt+09:00)
2 Min read -
Private equity
Q Capital named K-drama maker Chorokbaem's preferred bidder
Seoul-based private equity firm Q Capital Partners seeks to buy a 39.3% stake with management rights in South Korean drama series producer Chorokbaem...
Jun 11, 2024 (Gmt+09:00)
1 Min read -
Private equity
France's Archimed seeks to delist aesthetic laser maker Jeisys
French private equity firm Archimed SAS, managing around €7 billion ($7.5 billion) in assets as of end-May, plans to secure a controlling stake ...
Jun 10, 2024 (Gmt+09:00)
1 Min read -
Private equity
Affinity fails in Lock&Lock tender offer; eyes equity swap
Hong Kong-based Affinity Equity Partners is planning for an equity swap between its new entity and South Korean food container maker Lock&Lock C...
Jun 06, 2024 (Gmt+09:00)
1 Min read -
Private equity
Korea's KDB widens gap in VC fundraising in H1; NPS to fund in July
The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over th...
Jun 05, 2024 (Gmt+09:00)
2 Min read -
Corporate bonds
Korea’s non-financial firms rush to issue perpetual bonds
Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid b...
Jun 05, 2024 (Gmt+09:00)
2 Min read -
Real estate
Korea’s Shinsegae building unit to raise $478 mn to cut debts
South Korean retail giant Shinsegae Group’s building unit, suffering amid difficulties in the local real estate project financing sector, is se...
May 28, 2024 (Gmt+09:00)
2 Min read -
Private equity
Affinity extends tender offer for food container maker Lock&Lock
Hong Kong-based Affinity Equity Partners is set to extend its tender offer for South Korean food container maker Lock&Lock Co. shares, as the pri...
May 16, 2024 (Gmt+09:00)
1 Min read -
Private equity
MBK eyes stake in Korean software developer Tmaxsoft
North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years afte...
Apr 18, 2024 (Gmt+09:00)
2 Min read -
Private equity
Affinity eyes full control of food container maker Lock&Lock
Affinity Equity Partners, which holds a 69.64% stake in South Korean food container manufacturer Lock&Lock Co., is slated to buy most of the comp...
Apr 18, 2024 (Gmt+09:00)
1 Min read -
Private equity
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023, ...
Apr 17, 2024 (Gmt+09:00)
1 Min read -
Private equity
Affinity to buy SK Rent-a-Car at $572 mn, more deals expected
Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rais...
Apr 16, 2024 (Gmt+09:00)
3 Min read -
Private equity
Private markets open to more high-net-worth individuals: Hamilton Lane
The number of high-net-worth individuals allocating capital to private markets is increasing fast. These are wealthy individuals who own at least $1 ...
Apr 16, 2024 (Gmt+09:00)
5 Min read -
Private equity
Carlyle’s Rubenstein sees commercial real estate undervalued
The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stocks could take a breath...
Apr 08, 2024 (Gmt+09:00)
4 Min read -
Private equity
Korea, Japan lead Asia's buyout markets: MBK Partners
South Korea and Japan are the two most important markets for buyouts in Asia, and China is still a significant private market with potential for mid-...
Apr 01, 2024 (Gmt+09:00)
3 Min read -
Private equity
Hahn & Co. overhauls Namyang board, ending family control
Private equity firm Hahn & Co. on Friday won shareholder approval to replace Namyang Dairy Products Co.'s board of directors with Hahn's executiv...
Mar 29, 2024 (Gmt+09:00)
2 Min read -
Private equity
IMM PE puts South Korea’s top travel agency Hanatour up for sale
IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top travel...
Mar 26, 2024 (Gmt+09:00)
2 Min read -
Private equity
Korean rental platforms become headache for PE investors
South Korean rental platforms have become a headache for private equity firms, with their declining profits and dim business outlooks making them har...
Mar 14, 2024 (Gmt+09:00)
2 Min read -
Private equity
Tmax Group to draw more than $572 mn to buy back Tmaxsoft
South Korea's leading software company Tmax Group is set to draw at least 750 billion won ($572.3 million) and a maximum of 1 trillion won from Seoul...
Mar 12, 2024 (Gmt+09:00)
1 Min read -
Private equity
EQT sells Shinhan Financial stake in block deal at 30% IRR
EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal o...
Mar 07, 2024 (Gmt+09:00)
1 Min read -
Private equity
IMM PE sells $135 mn Woori Financial shares in block deal
IMM Private Equity has sold 180.5 billion won ($135 million) worth of shares in South Korea’s Woori Financial Group in a block deal, reaping 42...
Mar 03, 2024 (Gmt+09:00)
1 Min read
Latest News
- 1 NPS to ramp up shareholder engagement with overseas companies
- 2 Europe looms large as K-beauty brands look to blue ocean; cosmetics stocks rise
- 3 NPS gobbles up Korea’s top 4 financial holding stocks
- 4 US considers withdrawing thousands of troops from South Korea
- 5 KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million