CVC Capital Partners Fund
Scope
Date
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Korean games
S.Korea's Smilegate invests in GTA producer's studio
Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, said on Tuesday it invested in the US-based medi...
Dec 04, 2024 (Gmt+09:00)
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Foreign exchange
NPS incurs $500 million in missed gains due to improper forex hedging
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...
Dec 03, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset parts ways with Dragon Capital in Vietnam
South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...
Dec 02, 2024 (Gmt+09:00)
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Pension funds
NPS enjoys 9.2% return as of Q3 on bullish US stocks
The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...
Nov 29, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean, Babcock to team up for submarine exports
South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...
Nov 29, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc’s role questioned in SM Entertainment stock manipulation case
When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...
Nov 28, 2024 (Gmt+09:00)
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Artificial intelligence
DeepBrain AI to introduce AI anchor for Japanese terrestrial TV
South Korea's generative AI startup DeepBrain AI said on Thursday it partnered with Japan-based Nippon Electric Company (NEC) to introduce AI anch...
Nov 28, 2024 (Gmt+09:00)
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Entertainment
SM's UK K-pop group Dear Alice to debut with Gamma
South Korea's SM Entertainment Co. partnered with the US-based music label "Gamma." to globally debut its first British K-Pop boy group Dear Alice.A...
Nov 27, 2024 (Gmt+09:00)
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Korean stock market
Korean pension funds buy a net $1.2 bn in Kospi stocks in November
South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases o...
Nov 27, 2024 (Gmt+09:00)
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Batteries
Korea Zinc, Hanwha to co-work on Austrailian BESS project
Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...
Nov 26, 2024 (Gmt+09:00)
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Banking & Finance
Woori Bank to arrange $3.7 bn for Qatar desalination, power plant
South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...
Nov 26, 2024 (Gmt+09:00)
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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)
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Pension funds
NPS expects Korea’s WGBI inclusion to attract $56 billion in foreign funds
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...
Nov 24, 2024 (Gmt+09:00)
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Food & Beverage
Corstone Asia, Q Capital Partners to sell Norang Tongdak
South Korean private equity firms (PEF) Corstone Asia and Q Capital Partners plan to sell Norang Tongdak, the Korean-style fried chicken franchise.&...
Nov 22, 2024 (Gmt+09:00)
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Energy
Hanwha Q cells’ US subsidiary EnFin raises $321 mn through ABS
Hanwha Q Cells Co., the solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ...
Nov 22, 2024 (Gmt+09:00)
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Shareholder value
SK Square to buy back $72 mn shares amid Palliser's value-up push
SK Square Co., the investment arm of South Korea’s No. 2 conglomerate SK Group, announced shareholder-friendly measures on Thursday, in respon...
Nov 21, 2024 (Gmt+09:00)
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Real estate
Korean funds offer rescue financing for global offices
South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...
Nov 20, 2024 (Gmt+09:00)
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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 Pa...
Nov 19, 2024 (Gmt+09:00)
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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 ...
Nov 19, 2024 (Gmt+09:00)
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Korean startups
Panmnesia raises $57 mn in Series A funding
Panmnesia, a South Korean fabless startup specializing in compute express link (CXL) technology, said on Tuesday it raised 80 billion won ($57 milli...
Nov 19, 2024 (Gmt+09:00)
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Bio & Pharma
Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca
Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...
Nov 18, 2024 (Gmt+09:00)
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Real estate
NH Nonghyup buys Donuimun D Tower for $640 mn
NH Nonghyup REITs Management Co. has completed the purchase of Donuimun D Tower, a prime office building in central Seoul, for 895.3 billion won ($6...
Nov 15, 2024 (Gmt+09:00)
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Corporate restructuring
Shinsegae affiliate SSG.COM secures Olympus as new financial investor
Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...
Nov 14, 2024 (Gmt+09:00)
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Electronics
LG Electronics to conduct safety training using VR
South Korea's home appliance giant LG Electronics Inc. announced on Wednesday that it has signed a memorandum of understanding (MOU) with the Nation...
Nov 13, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus tests energy efficiency tech for 6G network
South Korea’s LG Uplus Corp. said on Tuesday it tested the All-Photonic Transport Network, a key technology designed to reduce power consumpti...
Nov 12, 2024 (Gmt+09:00)
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Logistics
Kakao Mobility, Samyang Logistics partner on fulfillment services
Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, said on Monday that it partnered with logistics firm Samyang Logis...
Nov 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners tipped to win battle for control of Korea Zinc
A consortium led by North Asia-focused buyout firm MBK Partners edged closer to winning the battle for control of Korea Zinc Inc. against the s...
Nov 12, 2024 (Gmt+09:00)
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Artificial intelligence
Naver’s AI-powered search, online shopping services to go into full swing
South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based services to the next level. The tech giant no...
Nov 11, 2024 (Gmt+09:00)
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Korean Investors
S.Korean investors' US stock holdings surpass $100 bn
The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...
Nov 11, 2024 (Gmt+09:00)
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Advertising & Marketing
Genesis partners with Tate Modern in London
Hyundai Motor Co. 's premium brand Genesis announced on Friday that it partnered with the Tate Modern Art Museum in London and will sponsor "The Gen...
Nov 08, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand