Meritz backs half of ex-manager’s $210 mn hedge fund

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 ...

Meritz drops bid for troubled MG Non-Life Insurance; Liquidation looms

Meritz drops bid for troubled MG Non-Life Insurance; Liquidation looms

Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...

Meritz leaps to No. 2 financial holding firm in South Korea

Meritz leaps to No. 2 financial holding firm in South Korea

Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...

Meritz cheers record profit in 2024, boasts top 3 market cap

Meritz cheers record profit in 2024, boasts top 3 market cap

Meritz Financial Group Inc. has reported its best-ever net profit for last year thanks to handsome gains from investments by its insurance and secur...

Korean funds offer rescue financing for global offices

Korean funds offer rescue financing for global offices

South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...

Hanyang Securities up for sale; in talks with KCGI, Woori

Hanyang Securities up for sale; in talks with KCGI, Woori

Hanyang Securities Co., a small South Korean brokerage firm, has been put on the market as its parent Hanyang University Foundation scrambles to kee...

Meritz to return 50% of net profit to shareholders

Meritz to return 50% of net profit to shareholders

Meritz Financial Group Inc. became the first South Korean financial holding company to unveil a concrete shareholder return plan, pledging to alloca...

MBK drops out of Air Premia’s Asiana cargo unit takeover bid

 MBK drops out of Air Premia’s Asiana cargo unit takeover bid

Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...

Meritz leaves door open for an M&A, to stay shareholder friendly

Meritz leaves door open for an M&A, to stay shareholder friendly

Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...

MBK secures $1 bn refinancing on Homeplus from Meritz

MBK secures $1 bn refinancing on Homeplus from Meritz

MBK Partners, the North Asia-focused private equity firm, has refinanced all of its 1.3 trillion won ($1 billion) loans on Homeplus with a new one f...

NH Investment launches $150 mn real estate fund

NH Investment launches $150 mn real estate fund

South Korea’s NH Investment & Securities Co. said on Wednesday it has launched a 200 billion won ($150 million) real estate fund for insti...

Meritz emerges fast to take on South Korea’s big financial companies

Meritz emerges fast to take on South Korea’s big financial companies

Back in the early 2000s, Meritz was an obscure, lesser-known insurance-related company in South Korea’s financial arena.Part of Hanjin Group, ...

Meritz Securities poised to become Korea’s No. 1 for first time

Meritz Securities poised to become Korea’s No. 1 for first time

Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...

Lotte E&C, Meritz Securities conclude $1.2 billion investment deal

Lotte E&C, Meritz Securities conclude $1.2 billion investment deal

Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday announced its conclusi...

Korean activist fund KCGI buys Meritz Asset Management

Korean activist fund KCGI buys Meritz Asset Management

A consortium led by Korea Corporate Governance Improvement Fund (KCGI), a local activist fund, said on Jan. 9 it signed a share purchase agreement l...

Korea's Meritz Group likely to sell off its asset management arm

Korea's Meritz Group likely to sell off its asset management arm

South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...

Meritz Securities posts positive third-quarter earnings surprise

Meritz Securities posts positive third-quarter earnings surprise

Meritz Securities saw net profit rise 14% in the third quarter in stark contrast to other brokerages suffering from earning shocks due to the stock ...

GIC, EQT, MBK compete for ADT Caps' $300 mn shares

GIC, EQT, MBK compete for ADT Caps' $300 mn shares

Singapore's sovereign wealth fund GIC, Sweden-based EQT Partners and South Korea-based MBK Partners are among the four shortlisted bidders for share...

Meritz Alternative to invest in Washington DC building

Meritz Alternative to invest in Washington DC building

South Korea’s Meritz Alternative Investment Management Co. is set to invest in an office building in Washington DC.Meritz formed a 200 billion...

Meritz Sec faces losses from $350 mn loan on NY condo

Meritz Sec faces losses from $350 mn loan on NY condo

South Korea's Meritz Securities Co. is at high risk of incurring losses from its $350 million lending on a luxury condominium tower in Manhattan, Ne...

Meritz arranges $60 mn mezzanine loans on LA skyscraper

Meritz arranges $60 mn mezzanine loans on LA skyscraper

South Korea's Meritz Alternative Investment Management Co. has arranged 72 billion won, or slightly over $60 million, worth of mezzanine financing f...

Meritz Alternative commits $150 mn to US multifamily fund

Meritz Alternative commits $150 mn to US multifamily fund

South Korea’s Meritz Alternative Investment Management Co. has committed $150 million to a new US multifamily residential fund managed by Fair...

Meritz Sec raises risk appetite with $350 mn loan on NY condo tower

Meritz Sec raises risk appetite with $350 mn loan on NY condo tower

Meritz Securities Co. Ltd. has entered New York City’s inventory loan market by providing $350 million financing on a luxury condominium tower i...

Meritz Securites funds KKR’s German media group acquisition

Meritz Securites funds KKR’s German media group acquisition

Meritz Securities Co. Ltd. has provided 200 million euros ($218 million) in a senior loan to fund KKR & Co.’s $3.4 billion purchase in 2019 ...

Meritz Sec buys Brussels building for $1.6 bn; plans REIT IPO

Meritz Sec buys Brussels building for $1.6 bn; plans REIT IPO

Meritz Securities Co. Ltd. has acquired Brussels’ largest building for 1.4 billion euros ($1.6 billion) in the single biggest property deal in B...

Meritz Sec commits $425 mn to India’s housing finance platform

Meritz Sec commits $425 mn to India’s housing finance platform

Meritz Securities Co. Ltd. has committed $425 million to a housing finance platform in India as an anchor investor, in its first foray into the countr...

Meritz Securities buys 24 aircraft for $686 mn from US lessor

Meritz Securities buys 24 aircraft for $686 mn from US lessor

Meritz Securities Co. Ltd. has recently closed the acquisition of 24 aircraft for $686 million from Aviation Capital Group Corp. (ACG), in its third i...

KTCU, Meritz Fire invest $100 mn in debt of US hotel-focused REIT

KTCU, Meritz Fire invest $100 mn in debt of US hotel-focused REIT

The Korean Teachers’ Credit Union (KTCU) and Meritz Fire & Marine Insurance Co. Ltd. have invested $100 million in a mezzanine loan secured by 92 ...

Meritz Sec to buy $540 mn aircraft portfolio from DAE Capital

Meritz Sec to buy $540 mn aircraft portfolio from DAE Capital

Meritz Securities Co. Ltd. will acquire 18 used aircraft from Dubai Aerospace Enterprise (DAE) Capital for $540 million, for which it is to complete t...

Meritz Sec nets $42 mn from uncompleted Zalando office sale

Meritz Sec nets $42 mn from uncompleted Zalando office sale

Meritz Securities Co. Ltd. has reaped 37 million euros ($42 million) in proceeds from a recent sale of a new headquarters of German online retailer Za...

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