Korean Investors

ASK 2024
NPS bullish on real estate in low interest era: chairman
South Korea’s National Pension Service (NPS) will raise exposure to residential housing and data centers to take advantage of lower interest rates, which bodes well for the commercial property market, its chairman Kim Tae-hyun said on Wednesda
Oct 16, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK wins enough stake in tender offer to control Korea Zinc
North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control o...
Oct 14, 2024 (Gmt+09:00)
4 Min read -
Mergers & Acquisitions
Korea Zinc ups share buyback price, volume to counter MBK
Korea Zinc Inc. said on Friday it will buy back more shares at a higher price than originally planned to counter North Asia-focused private equity fi...
Oct 11, 2024 (Gmt+09:00)
3 Min read -
ASK 2024
Alternative investment experts to gather Oct. 16-17 at ASK 2024
South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on O...
Oct 08, 2024 (Gmt+09:00)
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Pension funds
S.Korea’s NPS investment arm suffers from chronic understaffing
South Korea’s largest institutional investor, the National Pension Service (NPS), managing 1,150 trillion won ($870.6 billion) in assets, strug...
Oct 02, 2024 (Gmt+09:00)
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Sovereign wealth funds
Korea Investment Corp. appoints Park Il Young as its new CEO
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive d...
Sep 26, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
MBK ups Korea Zinc bid price as management feud intensifies
North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost fo...
Sep 26, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Hanwha, LG to support Korea Zinc in battle against MBK
South Korea’s Hanwha Group and LG Group are likely to help Korea Zinc Inc. fight against a takeover by MBK Partners Ltd. as the private equity ...
Sep 23, 2024 (Gmt+09:00)
3 Min read -
Leadership & Management
Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term
Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and ad...
Sep 20, 2024 (Gmt+09:00)
1 Min read -
Real estate
Koramco puts Hyundai Motor Securities building on market
Koramco Asset Management Co. has put the Hyundai Motor Securities building in Seoul's Yeouido business district (YBD) on the market. The deal is expe...
Sep 20, 2024 (Gmt+09:00)
2 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 -
Real estate
Daishin Securities shelves main office building sale to NH-Amundi
Daishin Securities Co. has called off a plan to sell its headquarters building in a central business district of Seoul to NH-Amundi Asset Management ...
Sep 06, 2024 (Gmt+09:00)
2 Min read -
Pension funds
S.Korea's NPS opens fourth overseas office in Silicon Valley
South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on September...
Sep 06, 2024 (Gmt+09:00)
1 Min read -
Korean stock market
Korea Investment Management to launch two India-focused ETFs
Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The ...
Sep 05, 2024 (Gmt+09:00)
1 Min read -
Investment banking
Junior bankers choosing track records over name value
A number of junior bankers at the Korean offices of major global investment banks such as Morgan Stanely and J.P.Morgan have resigned since July with...
Aug 30, 2024 (Gmt+09:00)
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Pension funds
NPS logs 9.71% return in H1 led by US tech stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of t...
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 -
Real estate
Korea Investment, Sinar Mas to build data center in Indonesia
Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a c...
Aug 27, 2024 (Gmt+09:00)
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Real estate
Mirae Asset, global investors eye gain from sale of Hanoi skyscraper
South Korea's Mirae Asset Securities Co. and shareholders in the three-building complex Landmark72, which encompasses the second-tallest skyscraper i...
Aug 22, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
STIC to buy Korean flooring firm Nox from TPG for $336 mn
Seoul-based private equity firm STIC Investments has agreed to acquire global leading luxury vinyl tile (LVT) flooring firm Nox Corp. at 450 billion ...
Aug 21, 2024 (Gmt+09:00)
3 Min read -
Pension funds
CPPIB global private equity head Suyi Kim to leave
Suyi Kim, global private equity head at Canada Pension Plan Investments Board (CPPIB), is set to leave the world’s seventh-largest pension fund...
Aug 19, 2024 (Gmt+09:00)
2 Min read -
Real estate
IGIS puts NPS-backed building in Seoul on sale for $294 mn
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is seeking to sell a building backed by South Korea’s National P...
Aug 09, 2024 (Gmt+09:00)
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Infrastructure
Macquarie buys its 1st Korean data center for $538 mn
Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. f...
Aug 05, 2024 (Gmt+09:00)
2 Min read -
Real estate
Korea's warehouses suffer oversupply, rising vacancies
Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate ...
Aug 02, 2024 (Gmt+09:00)
2 Min read -
E-commerce
Qxpress investors to take over Qoo10 founder's control
Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control amid financial turmo...
Aug 02, 2024 (Gmt+09:00)
3 Min read -
Real estate
Korean commercial real estate market to show slow recovery in H2
South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correct...
Jul 31, 2024 (Gmt+09:00)
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Real estate
NH to buy Donuimun D Tower for $650 mn
South Korea’s NongHyup Financial Group Inc. (NH Financial) is poised to acquire landmark office building Donuimun D Tower for about 900 billion...
Jul 30, 2024 (Gmt+09:00)
1 Min read -
Real estate
Hanwha REIT to buy Hanwha Group office building for $584 mn
Hanwha REIT Co., a real estate investment arm of South Korea’s No. 7 conglomerate Hanwha Group, said on Monday that it is poised to acquire the...
Jul 29, 2024 (Gmt+09:00)
1 Min read -
Sovereign wealth funds
Sovereign wealth fund KIC shortlists three CEO candidates
South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will ...
Jul 29, 2024 (Gmt+09:00)
2 Min read
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