BlackRock sees digital assets at critical turning point

Digital assets are poised for robust structural growth – not just as investment vehicles but as strategic assets – fueled by growing ins...

BlackRock names Lee Yoon Pyo as head of S.Korea business

BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...

SK Bioscience sells stake in US vaccine developer Novavax

SK Bioscience Co., a drug-making arm of South Korea's No. 2 conglomerate SK Group, has sold a stake in Nasdaq-listed vaccine developer Novavax Inc. ...

SK ties up with BlackRock-backed Korean startup for EV chargers

SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup backed by global asset...

UBS, Citigroup to handle sale of KKR’s JV with Korean builder

UBS Group AG and Citigroup Global Markets Inc. are set to manage the sale of a joint venture between global private equity giant KKR Co. Inc. and ai...

Korea rejects BlackRock’s $7.5 bn wind farm project

South Korea has slammed the brakes on BlackRock’s offshore wind farm project worth around 10 trillion won ($7.5 billion), citing financing unc...

IMM PE's value creation leads to $840 mn deal with BlackRock

When BlackRock bought a 30% stake in South Korean gas supplier AirFirst Co. for 1.1 trillion won ($842 million) from Seoul-based IMM Private Equit...

BlackRock buys $860 mn stake in S.Korean gas supplier

Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 millio...

SK On wins $909 mn from BlackRock, QIA, MBK consortium

SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...

SK On to attract $1.1 bn from BlackRock, MBK consortium

SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...

SK, BlackRock team to bet on EV charging station maker

  SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...

SK On bidders weigh growing risks of battery makers

Some of the four shortlisted bidders for South Korea's SK On Co. recently went back to the drawing board to assess the value of the world's No. 5 el...

NPS picks Allspring, BlackRock, Morgan Stanley for multi-assets in Q4

National Pension Service (NPS) of South Korea said on Feb. 28 it hired Allspring Global Investments LLC, BlackRock Inc. and Morgan Stanley Investm...

SK On narrows bidders to BlackRock, Carlyle, KKR, GIC

South Korean battery maker SK On Co. has narrowed bidders for its shares worth up to $3.3 billion to four candidates -- BlackRock, The Carlyle Group...

BlackRock names new head of institutional investment for APAC

BlackRock Inc., the world’s largest asset manager with $10 trillion assets under management, named Hiroyuki Shimizu head of institutional in...

POSCO approves holding company plan for eco-friendly business

South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...

POSCO mulls holding company structure to raise enterprise value

South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhan...

Two Korean LPs invest €90 mn in BlackRock's infra fund

Two Korean pension funds have together invested €90 million ($104 million) in BlackRock Real Assets’ co-investment fund Global Infrastruc...

BlackRock Real Assets makes first Korean solar investment

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired an unspecified stake in Brite Energy Partners ...

BlackRock Real Assets makes first Korean offshore wind investment

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...

BlackRock in talks to acquire Korea’s ESG-focused IGIS Private Equity

BlackRock Inc., the world’s largest asset manager, is in talks to acquire IGIS Private Equity, a South Korea-based firm specialized in eco-fri...

KOTAM raises $185 mn for BlackRock's new energy fund

Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...

BlackRock sheds $620 mn Korean retail fund business

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

BlackRock dropped from NPS’ property investment manager pool

BlackRock, the world’s largest asset manager, has been excluded from the National Pension Service’s 49-strong group of global real estate ...

BlackRock, Grosvenor picked as NPS’ fund of hedge fund managers

The National Pension Service (NPS) finally selected BlackRock Alternative Advisors and Grosvenor Capital Management on July 11 as the general partners...