Korean Teachers' Credit Union (KTCU)
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.
Korean LPs adapt to the new normal – AVCJ Forum
South Korean institutional investors are keen to deploy capital in alternatives, their sentiment towards the asset class boosted by a relatively robust recovery from the pandemic and the stabilization of returns, the AVCJ Korea Forum heard.
Warburg Pincus backs $200m investment in Indonesia's NWP
Warburg Pincus has backed a $200 million funding round for Indonesian shopping mall developer NWP Retail.
Korean LPs prepare for a downturn - AVCJ Forum
Korean institutional investors are reviewing their alternatives allocations – and focusing new commitments on more liquid strategies such as credit – in anticipation of a correction in global markets.