Korea Post
STIC commits $840m to Korea's Iljin Materials
STIC Investments has led a KRW1 trillion ($840 million) investment in Iljin Materials, a Korean producer of electric foils used in lithium batteries and consumer electronics, to support the international expansion of its manufacturing footprint.
Korea Post Insurance to allocate $200m to global buyout funds
Korea Post Insurance plans to allocate $200 million to as many as three managers focusing on global buyouts, predominantly in North America and Europe.
Korea Post seeks managers for global co-investment
Korea Post plans to commit $200 million across two funds that offer global private equity co-investment exposure.
Korea LPs: Credit junkies
Korean institutional investors favor private debt over other alternatives asset classes because of its long tenor and stable cash flows. Multi-credit strategies are likely to launch as more capital is allocated overseas
Korean PE fundraising to surpass $7b in 2012
The aggregate amount of private equity funds raised in South Korea this year is set to surpass KRW8 trillion ($7 billion), a record high for the country.
KT, NPS, Korea Post set up outbound M&A fund
Korean telecom giant KT Corporation has teamed up with the National Pension Fund (NPS) and Korea Post to form a KRW1 trillion ($883 billion) fund that will make acquisitions overseas. It is the latest of several initiatives launched by Korean corporations...
Korea’s LP problem
Both the GP and LP bases in South Korea are relatively narrow. Once fund managers have more to show for themselves in terms of track records, it will be easier to distinguish wheat from chaff
Korea Post unit looks to invest in global secondary funds
Savings Bureau of Korea Post, one of South Korea’s largest state-controlled institutional investors, is looking to invest at least $30 million in a global secondary fund. It represents one of the savings bureau’s first forays into alternative investments...