Korean building materials firm seals 4th US hotel purchase for $87 mn

South Korea’s construction materials company, Aju Group, closed a $87 million acquisition of a hotel near Seattle from Marriott International Inc. las...

[ASK 2017 SUMMIT] Korean LPs call for co-investment offers from GPs

When Korea Post issued a request for proposals on May 17 for global private debt investment of up to $300 million, the state agency added a new requir...

NPS concerned over loss of trust; CIO calls for going back to basics

The ongoing investigations into the National Pension Service (NPS) by special prosecutors have crippled the South Korean fund’s operations, and its ch...

[ASK 2016 SUMMIT] NPS slows offshore property purchase; calls for customized proposal from GPs

The global alternative investment head of the National Pension Service (NPS), Sang-Hyun Yoo, cautioned about the heightened competition and price spik...

NPS faces calls for GP screening system revision, ahead of $600 mn mandate awards

The National Pension Service (NPS) of South Korea has drawn only five bidders for its planned 500 billion won ($426 million) commitments to be made to...

[Interview] World Bank’s new investment head calls for review of investment period, risk limit

Incoming World Bank’s director of the investment management division, Heung-sik Choo, said that the international financial institution, which man...