pension fund
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Date
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Pension funds
Korean military fund anchors $142 mn real estate fund
South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...
Jan 19, 2024 (Gmt+09:00)
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Korean startups
Korean learning platform Elice raises $14.9mn from Vertex
Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...
Jan 17, 2024 (Gmt+09:00)
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Pension funds
NPS picks tech, electronics as its favorite local stocks in 2023
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...
Jan 17, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion Holdings eyes Nasdaq IPO by early 2025: chairman
South Korean biosimilar giant Celltrion Group is planning to debut on the Nasdaq market by early 2025, founder and Chairman Seo Jung-jin said at the...
Jan 16, 2024 (Gmt+09:00)
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Pension funds
NPS bets on Samsung Electro-Mechanics, sells POSCO stocks in Q4
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, saw the amount of listed local shares it owns rise...
Jan 15, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion revises up earnings goals to overtake Amgen
Celltrion Inc., South Korea's leading biosimilar maker, on Wednesday expressed its ambition to join the global top 10 biotech and pharmaceutical com...
Jan 11, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung eyes biotech investments via Flagship Pioneering
Samsung C&T Corp., Samsung Biologics Co. and Samsung Bioepis Co. will ramp up investments in US biotechnology startups in collaboration with Fla...
Jan 09, 2024 (Gmt+09:00)
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Fashion
The North Face supplier Youngone lends $177 mn to Scott
Youngone Corp., a South Korean clothing manufacturer to global outdoor brands like The North Face and Patagonia, said on Thursday it has decided to ...
Jan 04, 2024 (Gmt+09:00)
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Energy
KEPCO sells 15% stake in KEPCO E&C for $269 million
Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...
Jan 02, 2024 (Gmt+09:00)
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Banking & Finance
Korea's KDB establishes innovation fund for auto parts companies
The state-run Korea Development Bank (KDB) announced on Friday that it has established the KDB-Quantum Mobility Value Chain Open Innovation Fund wor...
Dec 29, 2023 (Gmt+09:00)
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Shareholder activism
NPS chief questions fairness in POSCO’s CEO selection process
POSCO Holdings Inc., the parent of South Korea’s largest steelmaker POSCO, has come under fire for its opaqueness in choosing a new leader a...
Dec 29, 2023 (Gmt+09:00)
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Private equity
Campbell Lutyens taps ex-KIC PE chief as Korea head
Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...
Dec 21, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, UAE’s Mubadala to collaborate on future business projects
South Korea’s top automaker Hyundai Motor Co. and the United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. have agreed to...
Dec 18, 2023 (Gmt+09:00)
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Banking & Finance
Korea Housing Finance Corp. opens New York office
Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...
Dec 15, 2023 (Gmt+09:00)
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Private equity
China's CICC enters S.Korea with its private equity fund
BEIJING – CICC Capital, a unit of China International Capital Corp. (CICC), has entered the South Korean market with the launch of a private e...
Dec 13, 2023 (Gmt+09:00)
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Supply chain
South Korea to launch $7.6 bn supply chain fund, make urea locally
South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with sudden supply disrupt...
Dec 11, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare's Herzuma selected as funded brand in NZ
Celltrion Healthcare Co. announced on Thursday that its biosimilar anticancer drug Herzuma (active ingredient trastuzumab) for breast and gastr...
Dec 07, 2023 (Gmt+09:00)
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Shareholder activism
Palliser Capital urges Samsung C&T reform for $25 bn value-up
London-based hedge fund Palliser Capital said on Wednesday that Samsung C&T Corp. is 63% intrinsically undervalued and could increase its value ...
Dec 07, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to build huge two-ring Ferris wheel for $700 mn
The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...
Dec 04, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC recoups 40% of 2022’s loss on stock, bond gains
Korea Investment Corp. (KIC) posted a 7.12% return on total asset investments in the first eight months of this year, recouping about 40% of last ye...
Nov 29, 2023 (Gmt+09:00)
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Corporate bonds
More Koreans seek high-yield bond funds, betting the Fed will end hikes
South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...
Nov 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Eastspring Asset in Korea up for grabs at about $77 mn
Eastspring Asset Management Korea Co., the Korean operation of Prudential plc’s asset management unit, is up for sale for about 100 billion wo...
Nov 28, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to pour $26 bn in UK’s renewables, infrastructure
South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...
Nov 23, 2023 (Gmt+09:00)
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Asset management
Investors roundtable: Watch out for a possible recession
Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...
Nov 16, 2023 (Gmt+09:00)
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Venture capital
VCs give thumbs up to EV, parts/materials, travel tech
The venture capital funding crunch has continued through this year in South Korea but VCs have raised their stakes in select companies in the electr...
Nov 09, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte builds US antibody-drug conjugate plant with $82 mn
South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bi...
Oct 31, 2023 (Gmt+09:00)
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Investment banking
Korea Investment, Carlyle Group sign strategic partnership
Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...
Oct 27, 2023 (Gmt+09:00)
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Pension funds
Korea’s Teachers’ Pension names SK Securities VP as CIO
South Korea’s Teachers’ Pension has named Jeon Bum-sik, a vice president at SK Securities Co. with three decades of investment experienc...
Oct 26, 2023 (Gmt+09:00)
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Private debt
Whole loans offer funding solution for stretched borrowers: Savills IM
Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...
Oct 26, 2023 (Gmt+09:00)
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Korean startups
S.Korea’s startups see Sept. investment surge 85%
South Korea’s startups last month saw investment rise for the first time this year.The Seoul-based Startup Alliance, a private support organiz...
Oct 26, 2023 (Gmt+09:00)
Latest News
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- 4 Korea’s Nongshim to mesmerize New Yorkers with Han River Shin Ramyun
- 5 SK Ecoplant selects four companies at ConTech Meet-Up