National Pension Service of Korea (NPS) related stories
All articles and analysis
Korea’s $793bn NPS forms dedicated continuation fund, GP stakes teamsThe country’s largest public pension will pursue both private equity and private credit continuation fund opportunities, investment policy committee member Sam Y Chung tells PEI.
PEI Awards 2023: Asia-Pacific winnersFor the eighth year running, KKR takes home the prize for firm of the year in Southeast Asia.
Korea’s Hahn & Co taps domestic LPs for debut won vehicleThe parallel fund will invest alongside Hahn & Co IV, which is expected to close near its $3.25bn target in Q1 2024, PEI understands.
Side Letter: NPS's alts appreciation; BlackRock's take-private tiltKorea's NPS is seeing an uptick in alternatives performance as it continues to pile into private equity. Plus: BlackRock is leaning into take-privates and corporate carve-outs. Here's today's brief, for our valued subscribers only.
Korea’s NPS commits another $19bn to PE, debtThe pension made at least 52 new PE commitments in 2022, bringing the total number of funds and projects in its portfolio to 456, per its latest annual report.
Carlyle secured NAV loan worth more than €1bn on fifth Europe fundThe alternatives giant took out the facility against about 20 portfolio assets in its 2018-vintage Carlyle Europe Partners V fund, Private Equity International has learned.
Side Letter: PE's top fundraising market; ADIA departure; Ham Lane's closeCanada has topped a list of the most favourable fundraising destinations. Plus: personnel changes in ADIA's PE team; and Hamilton Lane raises almost $400 million for impact. Here’s today's brief, for our valued subscribers only.
Side Letter: Ardian's boss shakeup; Insight's $17bn target; NPS ups altsArdian's buyout boss is taking a reduced role, marking the latest in a series of leadership changes at the European giant. Plus: Korea's NPS is upping its alternatives allocation and Insight Partners is back with yet another mega-fund. Here’s today's brief, for our valued subscribers only.
Korean insurer DGB targets PE, debt in mammoth alts pushThe $5.9bn institution has an 8.8% exposure to alternatives, most of which is held in infrastructure debt, CIO Byung-kyu Cheon tells PEI.
- Korea's NPS commits another $18bn to PE, debt
NPS backed 55 private equity funds and projects last year, bringing the total number of these vehicles in its portfolio to 404 as of December, per its latest annual disclosure.