IMM Credit closes $700 mn blind credit fund backed by NPS
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders
HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...
India’s love for K-ice cream spurs Lotte to boost expansion
South Korean confectionery giant Lotte Wellfood Co. is targeting 15% sales growth in India this year, following the completion of a merger betw...
BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders
BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...
Samsung Asset leads H1 AUM rankings amid ETF boom
South Korea’s asset management industry posted stellar growth in the first half of 2025, buoyed by a 28% surge in the country’s benchmar...
NPS, Scape acquire Aussie senior living operator Aveo from Brookfield
South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...
HYBE to bring K-pop idol playbook to India, tapping local talent
India, a country of 1.4 billion people, will be HYBE Co.'s next stop to test its K-pop model by discovering and nurturing local talent under its Cha...
S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...
LG CNS forms strategic partnership with robotics startup Skild AI
LG CNS Co., the information technology service arm of LG Group, said on Tuesday it has formed a strategic partnership with Skild AI to develop AI-dr...
Koramco targets $7 bn bet on Korea data centers
Koramco Asset Management Co., South Korea’s leading real estate investment firm, plans to invest 10 trillion won ($7 billion) in domestic data...
Korea to allow non-profits to buy bad consumer loans
The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...
US monitors NPS, sovereign funds in expanded currency surveillance
Washington will strengthen its monitoring of portfolio investments by pension and sovereign wealth funds of its trading partners as it broadens its ...
Korea Post to commit $150 mn to mid-cap infrastructure funds
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
S.Korean military fund to make $73 mn commitment to real estate funds
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...
NPS to ramp up shareholder engagement with overseas companies
South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio companies, signaling a more ass...
Korean pension funds, insurers seek customized investment vehicles
South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...
Hamilton Lane invests in IMM infrastructure fund in secondary deal
Global private market investor Hamilton Lane Inc. has acquired a stake in Seoul-based alternative investment firm IMM Investment’s infrastruct...
Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
KIC discusses post-US tariff infrastructure strategy with pension funds
The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...
Korean teachers' fund to commit $495 mn to 10 PE firms
The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to ru...
Hankook & Company to set up CVC with $11 mn in funding
Hankook & Company Co., the holding company of Hankook Tire & Technology Co., announced Thursday a plan to launch a wholly owned corporate ve...
S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...
LG Electronics breaks ground on $600 mn home appliance plant in India
South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...
Korea Investment & Securities to sell Goldman Sachs funds
Korea Investment & Securities Co. said on Tuesday it is set to sell funds operated by Goldman Sachs Asset Management LP in South Korea, offering...
NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has yet to decide on a plan to select local extern...
Mirae Asset to be named Korea Post’s core real estate fund operator
Mirae Asset Global Investments Co. is set to manage the mandate of more than 600 billion won ($416.8 million) in core real estate fund investment by...
KT&G eyes overseas M&A after rejecting activist fund's offer
KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...
LG Electronics eyes India IPO delay, says plan in flux
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...
Meritz backs half of ex-manager’s $210 mn hedge fund
Meritz Financial Group Inc., one of South Korea’s most aggressive alternative asset managers, has committed 150 billion won ($105 million) to ...
Activist fund Oasis boosts Korea team amid investor-friendly policy shift
Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...
