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...
Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs
The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...
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...
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...
GEPS taps former KB Asset chief risk officer as new CIO
South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...
EQT taps ex-DHK Management CEO to lead S.Korea's real estate push
Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief executive of South Korean real estate...
GIC resumes Seoul Finance Center sale in major Korean property deal
Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...
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 ...
NPS logs 0.87% return from first-quarter investment
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, announced on ...
NPS to lift stock holdings to 55% by 2030, raising risk appetite
The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as of the end of February, Sou...
NPS, KIC step up focus on mid-market infrastructure
The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...
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...
NPS gobbles up Korea’s top 4 financial holding stocks
South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...
Morgan Stanley stalwart Cho bows out after over 10 years at the helm
The investment banking head of Morgan Stanley’s Seoul office is stepping down after overseeing a series of landmark deals over more than a dec...
NPS boosts allocation to direct lending, secondaries
The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...
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,...
Greystar hires ex-Samsung SRA manager to launch Seoul office
Greystar Real Estate Partners, the largest housing investment firm in the US, has hired Kang Junghwan, former managing director and head of portfoli...
Half of Seoul offices now over 30 years old amid limited new supply
About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end ...
Korean LCCs boost travel demand to global tourist hubs
South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also dr...
Korea’s top cinema chains seek merger to counter box office slump
South Korea’s two leading multiplex operators Lotte Culture Works Co. and Contentree JoongAng Corp. have tentatively agreed to merge in a bid ...
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...
Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project
IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...
Ex-US Congressman Drew Ferguson to head Hyundai's Washington office
Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster...
NPS pours $3.9 bn to buttress Korean stock market
South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...
Mirae, Koramco, Hana shortlisted for Korea Post’s core real estate fund
Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...
NPS gears up for investment overhaul with boost in risk assets
South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul its investment strategy w...
Glenwood PE to increase blind fund to $1 bn on pension funds’ interest
South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad...
IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman &am...
S.Korean court to rule on impeached President Yoon’s fate April 4
South Korea’s Constitutional Court on Friday will give its ruling on President Yoon Suk Yeol, who was impeached in December for declaring mart...
CPPIB invests in Seoul office building for rental housing conversion
The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...
