military weapons
Scope
Date
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Aerospace & Defense
Korea’s LIG close to record $3.5 bn deal to export missile system to UAE
LIG Nex1 Co., a leading South Korean defense company, is close to a record $3.5 billion deal to export its surface-to-air missile system to the Unit...
Nov 17, 2021 (Gmt+09:00)
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Chief Executives
Korean military fund targets medium-risk global assets
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...
Sep 27, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to ramp up production capacity of foldable devices by 50%
Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...
Aug 30, 2021 (Gmt+09:00)
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Korean Investors
Military Mutual picks ex-Lotte Non-Life CIO as investment chief
The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...
May 17, 2021 (Gmt+09:00)
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Pension funds
Korean military fund to double average investment size
South Korea’s Military Mutual Aid Association (MMAA) intends to nearly double its average investment size to 100 billion won ($88 million) as ...
Mar 30, 2021 (Gmt+09:00)
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Pension funds
Korea’s military fund looking for new financial division chief
South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...
Mar 04, 2021 (Gmt+09:00)
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IPOs
BTS may be allowed to delay military service to age 30
South Korea is likely to allow the seven members of boy band BTS to postpone their mandatory national military service by two years until the age of 3...
Oct 13, 2020 (Gmt+09:00)
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Pension funds
[Interview] Real estate funds may bear brunt of Covid 19 in Q4: military fund
The coronavirus impact will likely spill over to the commercial real estate market around the fourth quarter of this year, with a spike in office vaca...
May 27, 2020 (Gmt+09:00)
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Alternative investment
Military Mutual Aid extends financial division CIO’s term by one year
The Military Mutual Aid Association (MMAA) has extended its financial division head’s term for another year to focus on the risk management asso...
Mar 27, 2020 (Gmt+09:00)
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Korean military fund invests in UK motorway service chain
The Military Mutual Aid Association (MMAA) has invested 40 billion won ($34 million) to buy a minority stake in Welcome Break, the UK’s second biggest...
Jun 12, 2019 (Gmt+09:00)
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[Interview] Korea military fund aims to cash in $700 mn bad assets within 3 yrs
The Military Mutual Aid Association (MMAA) will liquidate half of its 1.6 trillion won ($1.4 billion) worth of non-performing assets by early 2021 and...
Oct 09, 2018 (Gmt+09:00)
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Korean military fund to focus on stability in real estate investment
The Military Mutual Aid Association (MMAA), with $9 billion in assets under management, will focus real estate investments on stability by pursuing fu...
Aug 02, 2017 (Gmt+09:00)
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Korean military fund to commit $30 mn to two US venture capital FoFs
The Military Mutual Aid Association (MMAA) will commit $30 million in aggregate to two US venture capital funds of funds in its first investment in a ...
Jun 02, 2017 (Gmt+09:00)
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Korean military fund names equity head as financial division CIO
The Military Mutual Aid Association’s (MMAA) former equity head Jae Dong Kim was installed this month as its first chief investment officer chosen fro...
Apr 11, 2017 (Gmt+09:00)
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Korean military fund to pick new CIO from within for first time
South Korea’s Military Mutual Aid Association (MMAA) will find a successor of the retiring Chief Investment Officer, Sang-ho Lee, inside its organizat...
Mar 05, 2017 (Gmt+09:00)
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Korea military fund mulls investing in PDF, NPL fund in 2017: report
The Military Mutual Aid Association (MMAA), South Korea’s $8 billion savings fund, is studying investing in offshore private debt funds (PDFs) and non...
Dec 20, 2016 (Gmt+09:00)
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Korea military fund to put €40 mn into Macquarie’s Europe infrastructure fund
South Korea’s Military Mutual Aid Association (MMAA) will invest €40 million in Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to rai...
Aug 18, 2016 (Gmt+09:00)
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[Interview] S.Korea military fund set to invest in offshore blind VC funds from 2017
The Military Mutual Aid Association (MMAA), South Korea’s $8 billion military savings fund, is planning to invest in offshore blind-pool venture capit...
Jun 13, 2016 (Gmt+09:00)
Latest News
- 1 NCSOFT invests in US game startup emptyvessel
- 2 Maybe Happy Ending: How a Seoul-made robot love story rewrote Broadway playbook
- 3 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 4 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 5 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up