Trusted Insighthttp://thetrustedinsight.com/2017-12-10T19:04:48.022746-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
South Korea Loosens Grip on ICOs
2017-12-10T19:04:48.022746-05:00https://www.thetrustedinsight.com/investment-news/south-korea-loosens-grip-on-icos-20171210165/
Initial coin offerings (ICOs) will not be banned in South Korea after all, according to a recent decision by the central government. Although the market will still be governed by strict regulations, institutional players will have the opportunity to invest in the burgeoning market.
July People Moves: 6 Chief Investment Officers Rise, Resign And Retire
2017-08-02T11:50:33.908818-04:00https://www.thetrustedinsight.com/investment-news/july-people-moves-six-chief-investment-officers-rise-resign-and-retire-20170802251/
Five pensions and an endowment saw chief investment officers resign or retire. Two key partners at asset management firms resigned due to claims of inappropriate conduct. A former advisor to President Donald Trump returned to private equity consulting. Here are the top people moves in July:
Tencent imposes daily gaming limits to curb addiction among minors
2017-07-04T16:43:04.221272-04:00https://www.thetrustedinsight.com/investment-news/tencent-imposes-daily-gaming-limits-to-curb-addiction-among-minors-20170704796/
Tencent announced this week that it will limit the amount of time children can play the role-playing mobile game Honor of Kings , amid concerns that some kids were becoming addicted....
Chinese Investors Boost Danish Crypto Exchange's Blockchain Projects
2017-06-09T16:51:52.853773-04:00https://www.thetrustedinsight.com/investment-news/chinese-investors-boost-funding-in-danish-crypto-exchanges-blockchain-projects-20170609233/
Danish-headquartered decentralized exchange OpenLedger has received seed funding from a group of Chinese, American and European investors after a recent tour of blockchain and cryptocurrency events in the U.S., China and South Korea designed partly to sound out and attract potential crypto investors.
South Korean 'Steve Jobs' Charts Unlikely Path
2017-05-22T17:19:25.475384-04:00https://www.thetrustedinsight.com/investment-news/south-korean-steve-jobs-charts-unlikely-path-20170522754/
The man behind South Korea’s biggest initial public offering in seven years has charted an unlikely path in a country dominated by family-run conglomerates.
Japan’s Tasaki Management, MBK Partners To Buy Out Firm For $283M
2017-03-27T17:41:30.908064-04:00https://www.thetrustedinsight.com/investment-news/japans-tasaki-management-mbk-partners-to-buy-out-firm-for-283m-20170327859/
<p>Management of Japan’s pearl retailer Tasaki & Co will buy out the company with private equity firm MBK Partners for 3,1.5 billion yen ($283 million), Tasaki said on Friday.</p>
<p>MBK Partners, a private equity firm targeting assets in Japan, South Korea and China, will buy all of Tasaki’s shares, except treasury stock, for 2,205 yen per share through a tender offer on Monday, Tasaki said.</p>
Korea Electric Eyes Toshiba's Stake In UK Nuclear Venture
2017-03-22T14:24:23.035754-04:00https://www.thetrustedinsight.com/investment-news/korea-electric-eyes-toshibas-stake-in-uk-nuclear-venture-20170322758/
Korea Electric Power is keen to buy a stake in a U.K. nuclear venture from Toshiba, President Cho Hwan-eik said Wednesday, as the Japanese company pares its overseas nuclear business.
South Korea Invests In Infrastructure, Electricity Projects
2017-03-15T15:33:04.204933-04:00https://www.thetrustedinsight.com/investment-news/south-korea-invests-in-infrastructure-electricity-projects-20170315501/
At the Indonesia-Korea Business Summit, the BKPM and the Korea Trade Investment Agency (KOTRA) signed a MoU as a way to promote investments.
Goodwater Capital Leads $48M Series C Investment in Fintech Startup
2017-03-09T15:49:29.660993-05:00https://www.thetrustedinsight.com/investment-news/goodwater-capital-leads-48m-series-c-investment-in-fintech-startup-20170309319/
PayPal has joined a 55 billion won ($48 million) investment by Silicon Valley venture capital firms in South Korean fintech startup Viva Republica, the world's fastest-growing payments company by transaction volume. The deal marks the U.S. payment company's first fintech investment in the East Asian country, home to a $1 trillion consumer loan industry and one of the world's most active mobile banking markets.
South Koreans Surge Into Real Estate Debt
2017-03-06T15:31:04.527123-05:00https://www.thetrustedinsight.com/investment-news/south-koreans-surge-into-real-estate-debt-20170306165/
South Korea is experiencing a surge of interest in real estate debt as the country continues another record year in outbound real estate investment. Real Capital Analytics (RCA) has revealed that net acquisitions by South Korean investors was likely to have hit US$4.6 billion last year, with additional real estate transactions worth US$2.5 billion finalised when 2016 wrapped up. And 88 percent of South Korean investors are already planning to invest in real estate debt in the next 12 to 18 months according to a recent survey done by ANREV as bond yields remain compressed. “As governments around the world...
S. Korea NPS Plans To Hire New Investment Managers
2017-03-02T11:43:55.509267-05:00https://www.thetrustedinsight.com/investment-news/s-korea-nps-plans-to-hire-new-investment-managers-20170302026/
South Korea's national pension fund operator said Thursday it is moving to employ dozens of new investment managers following a recent staff exodus. Late last year, the Investment Management Office of the National Pension Service (NPS) saw some 30 staffers quit ahead of its relocation to Jeonju, 243 kilometers south of Seoul. In addition, 11 investment managers have left or offered to resign.
S. Korean Securities Companies Withdrawing From Hedge Fund Business
2017-02-15T11:10:10.854832-05:00https://www.thetrustedinsight.com/investment-news/s-korean-securities-companies-withdrawing-from-hedge-fund-business-20170215476/
No More AttractiveIt has been found that Samsung Securities withdrew its application for registration as a hedge fund operator last month and HMC Investment Securities decided to put off its registration as a hedge fund operator more recently. Earlier, Shinhan Investment Corporation made the same decision as HMC Investment Securities late last year. This is quite contrary to the situation that occurred in August last year, when the Financial Services Commission of South Korea allowed local securities companies to run hedge funds. At that time, a large number of securities companies said that they would participate in the hedge fund market.The recent trend is because of a low rate of return and concerns over the exposure of their investment strategy. For example, Taurus Investment & Securities’ two alternative investment funds launched in November last year recorded a cumulative rate of return of negative 34.9% and negative 35.56% as of February 7 this year. The figure is negative 1.41% in the case of NH Investment & Securities’ NH Absolute Return 1 launched in August last year, 6.11% for Korea Asset Investment Securities’ Korea Asset Classic Public Offering Fund 1 and 0.04% to 5.37% for Shinyoung Securities’ three hedge funds, which are relatively lower than the rates of return of other similar funds.“The lower rate of return means that a successful sale is unlikely and we have no reason to start the business,” said a local securities company that recently decided not to enter the market. “For a securities company to start a hedge fund business, it has to spin off its division handling its identifiable assets, and then its asset management strategy is exposed to the outside,” a hedge fund operator explained, adding, “South Korean securities companies are trying to avoid it with the estimated rates of return of their hedge funds remaining at a low level.”Another obstacle is the nature of the hedge funds provided by securities companies, that is, the likelihood of their being unwilling to handle the others’ products with most hedge funds being available via securities companies. Banks can sell multiple securities companies’ hedge funds but the sale via banks is insignificant as they lack the understanding of hedge funds and they are associated with most securities companies. Last year, the Korea Development Bank was the bank that posted the largest hedge fund sale in South Korea, 2.68 trillion won (US$2.28 billion). This amount is only 7.3% of what Korea Investment & Securities recorded during the same period.News›Money
10 Most Important Reads Of The Week - Jan. 20, 2016
2017-01-20T12:37:31.107735-05:00https://www.thetrustedinsight.com/investment-news/10-most-important-reads-of-the-week-jan-20-2016-20170120638/
It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.
A Scandal At Korea’s Retirement Giant
2017-01-12T11:54:40.667303-05:00https://www.thetrustedinsight.com/investment-news/a-scandal-at-koreas-retirement-giant-20170112357/
With 546 trillion won ($456.5 billion) in assets, South Korea’s public National Pension Service is the world’s third-largest pension fund, behind Japan’s and Norway’s. It’s also become a part of the widening scandal surrounding impeached President Park Geun-hye.
Dubai FDI Mission Explores South Korean Investment In Innovations And Regional Growth
2016-12-21T10:48:54.752431-05:00https://www.thetrustedinsight.com/investment-news/dubai-fdi-mission-explores-south-korean-investment-in-innovations-and-regional-growth-20161221747/
Dubai Investment Development agency (Dubai FDI), an agency of the Department of Economic Development (DED), along with the Sharjah Investment & Development Authority (Shurooq) and the Dubai Multi Commodities Centre (DMCC), have recently went on a mission to South Korea to discuss opportunities in improving trade and investment exchanges between the UAE and South Korea.
Cowboy Ventures, Others Lead $60M Series C In Fast-Growing Beauty Startup
2016-12-16T11:53:22.537959-05:00https://www.thetrustedinsight.com/investment-news/cowboy-ventures-others-lead-60m-series-c-in-fast-growing-beauty-startup-20161216586/
South Korean beauty company Memebox today announced it has raised another $60 million in funding led by investors Goodwater Capital, Altos Ventures, Cowboy Ventures, Mousse Partners, Formation Group, Funders Club, Pear Ventures, Cota Capital and Janet Gurwitch. The online retailer says the the new capital was raised as an extension of its initial Series C round in August, citing more investor demand than anticipated.
Samsung Group, Pension Fund Offices raided In Growing South Korea Scandal
2016-11-23T15:09:19.507734-05:00https://www.thetrustedinsight.com/investment-news/samsung-group-pension-fund-offices-raided-in-growing-south-korea-scandal-20161123690/
Prosecutors also raided South Korea's largest pension fund, the National Pension Service (NPS), an NPS spokeswoman said. The Yonhap news agency reported that investigators were probing NPS's decision...
South Korea Reaches Free Trade Deal With Central America
2016-11-16T13:33:15.713372-05:00https://www.thetrustedinsight.com/investment-news/south-korea-reaches-free-trade-deal-with-central-america-20161116370/
South Korea and six Central American countries have reached a free trade deal that will eliminate tariffs for more than 95 percent of export items from Asia's fourth-largest economy including autos, steel and textiles, the Korean trade ministry said Thursday.
S Korea: Viva Republica Gets $23M Series B From Goodwater Capital, Qualcomm
2016-10-04T13:16:26.768293-04:00https://www.thetrustedinsight.com/investment-news/s-korea-viva-republica-gets-23m-series-b-from-goodwater-capital-qualcomm-20161004133/
South Korea based Viva Republica – a mobile payment app developer – has raised a $23.7 million series B funding from Goodwater Capital and Qualcomm Ventures with participation from existing investors, Altos Venture and KTB Network. Viva Republica also launched two new products, under Toss, and is looking to become a leading consumer financial application, according to a press release. As part of a product development roadmap, it has also introduced Toss Loans, a micro-finance service through mobile payments app. Another feature, Toss Finance Dashboard, also gives consumers a comprehensive view of their financial situation.<br />
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TPG Taps Lee To Lead South Korea Private Equity Ops
2016-08-25T11:21:29.839831-04:00https://www.thetrustedinsight.com/investment-news/tpg-taps-lee-to-lead-south-korea-private-equity-ops-20160825230/
Global alternative asset company TPG has hired former Morgan Stanley private equity executive Sanghoon Lee as a partner at the firm and head of its private equity operations in South Korea.
TPG Names Morgan Stanley PE Executive To Lead South Korea
2016-08-23T11:48:43.475517-04:00https://www.thetrustedinsight.com/investment-news/tpg-names-morgan-stanley-pe-executive-to-lead-south-korea-20160823069/
TPG hired Sanghoon Lee as a partner responsible for leading the firm’s Asia investment activities in South Korea. Prior to TPG, Lee most recently worked as managing director and head of Korea for Morgan Stanley […]
South Korea’s $487 Billion Pension Fund Seeks China Yields
2016-08-18T11:17:36.672962-04:00https://www.thetrustedinsight.com/investment-news/south-koreas-487-billion-pension-fund-seeks-china-yields-20160818879/
South Korea’s retirement fund plans to buy more bonds in China and is considering India as it hunts for higher yields in developing nations.
The National Pension Service aims to pump some of its 533 trillion won ($487 billion) of assets into China, according to Chief Investment Officer Kang Myoun Wook. It is also looking at putting money into India, where yields are the highest among major Asian nations. The fund, slightly overweight emerging markets for now, is reviewing when to beef up investments further, Kang said.
Formation 8, Goodwater, Pejman Mar Ventures Lead $66M Funding In Beauty Brand Memebox
2016-08-09T16:12:09.499156-04:00https://www.thetrustedinsight.com/investment-news/formation-8-goodwater-pejman-mar-ventures-lead-66m-funding-in-beauty-brand-memebox-20160809317/
South Korea’s online beauty retailer Memebox today announced it has raised a substantial $66 million in funding, led by previous investors, Formation 8, Goodwater Capital and Pejman Mar Ventures.
Blackstone May Be On Verge Of $2.1B Korean Real Estate Acquisitions
2016-06-24T09:20:09.791599-04:00https://www.thetrustedinsight.com/investment-news/blackstone-may-be-on-verge-of-21b-korean-real-estate-acquisitions-20160624979/
Blackstone could be on the verge of acquiring $2.1 billion in Korean real estate assets, if two reported deals come through for the US alternative investment giant.
US Levies Hefty Duties On Chinese Corrosion-Resistant Steel
2016-05-26T16:25:08.593032-04:00https://www.thetrustedinsight.com/investment-news/us-levies-hefty-duties-on-chinese-corrosion-resistant-steel-20160526394/
Corrosion-resistant steel from China will face final U.S. anti-dumping and anti-subsidy duties of up to 450 percent under the U.S. Commerce Department's latest clampdown on a glut of steel imports, the agency said on Wednesday. The department also issued anti-dumping duties of 3 percent to 92 percent on producers of corrosion-resistant steel in Italy, India, South Korea and Taiwan, it said in a statement.
Bain's Asia-Pacific Private Equity Report 2016
2016-04-27T12:35:28.493460-04:00https://www.thetrustedinsight.com/investment-news/bains-asia-pacific-private-equity-report-2016-20160427318/
Despite growing economic turbulence across the Asia-Pacific region and beyond, the private equity industry in the region posted one of its strongest years on record in 2015.
South Korean Private Equity Funds Raise Record Amount
2016-04-25T17:13:12.251541-04:00https://www.thetrustedinsight.com/investment-news/south-korean-private-equity-funds-raise-record-amount-20160425248/
Private equity fund managers in South Korea raised a record amount of money in 2015, topping the landmark 10 trillion-won ($870 million) level, official data showed on Monday.
$575M In Asian Debt To Rebuild Egypt's Energy And Transport Infrastructure
2016-03-12T18:00:16.857557-05:00https://www.thetrustedinsight.com/investment-news/575m-in-asian-debt-to-rebuild-egypts-energy-and-transport-infrastructure-20160312443/
Egypt will sign three concessional loan agreements with Japan and one with South Korea worth a total of $575 million to finance projects in energy and transportation, an official source familiar with the matter told Ahram Online on Sunday.
Macquarie Raises $3.1B For Infrastructure Strategy
2016-02-24T14:47:24.149867-05:00https://www.thetrustedinsight.com/investment-news/macquarie-raises-31b-for-infrastructure-strategy-20160224449/
Macquarie Asian Infrastructure Fund (MAIF) has broken its target by more than 50%, raising a total of $3.1bn (€2.8bn) in its final close.
A Look At The Biggest Energy Storage Projects Built Around The World In The Last Year
2016-02-11T13:00:13.459625-05:00https://www.thetrustedinsight.com/investment-news/a-look-at-the-biggest-energy-storage-projects-built-around-the-world-in-the-last-year-20160211887/
Last year will likely be remembered as the year that energy storage got serious. While projects of all sizes were installed in record numbers, distributed storage received outsized attention -- particularly in the U.S. But what of the larger grid-scale projects?
Five Foreigners In Top Asian Infrastratucture Investment Bank Positions
2016-02-08T15:30:11.107925-05:00https://www.thetrustedinsight.com/investment-news/five-foreigners-in-top-asian-infrastratucture-investment-bank-positions-20160208712/
The Asian Infrastructure Investment Bank (AIIB) has appointed five non-Chinese top officials, the China-backed lender said yesterday, following vows that it would be an international institution and not be used to boost Beijing's influence.
Private Equity In Developed Markets Outperformed Emerging Market PE Investments In Q2 2015
2016-02-01T18:01:11.711141-05:00https://www.thetrustedinsight.com/investment-news/private-equity-in-developed-markets-outperformed-emerging-market-pe-investments-in-q2-2015-20160201316/
<span style="line-height: 18.9091px;">A stronger euro helped boost second quarter 2015 returns as measured in US dollars in private equity and venture capital funds investing primarily outside the US. Funds focusing on ex US developed markets outperformed those targeting emerging markets -- a result that was the reverse of the outcome for public market equities, according to global institutional investment advisor</span><span style="line-height: 18.9091px;">Cambridge Associates LLC</span><span style="line-height: 18.9091px;">.</span>
Boosting Sarawak’s Agricultural Produce
2016-01-28T09:30:12.335617-05:00https://www.thetrustedinsight.com/investment-news/boosting-sarawaks-agricultural-produce-20160128115/
The slide in commodities prices offers agriculture players and smallholders in Sarawak the opportunity to venture further into the downstream industries. Despite weak commodities prices, demand for food remains robust with growing population and changing lifestyles of the people. With healthy demand for food and agriculture produce, smallholders and agriculture players should capitalise on […]
Indian VC: SAIF Partners, The Venture That Kept Investors Happy With Safe Exit Scorecard
2016-01-27T14:30:11.947092-05:00https://www.thetrustedinsight.com/investment-news/indian-vc-saif-partners-the-venture-that-kept-investors-happy-with-safe-exit-scorecard-20160127082/
The firm has scored 20 full and partial exits, returned close to $200 million to limited partners (investors in venture capital—VC—funds) in 2013-2014 and multiplied its money four times—not too shabby for a market where VC returns are usually benchmarked at 2.5 times or 2.8 times the original investment.
Ng Chiang Ling Takes Over From Girard At M&G Real Estate Asia
2016-01-26T18:19:15.669186-05:00https://www.thetrustedinsight.com/investment-news/ng-chiang-ling-takes-over-from-girard-at-mg-real-estate-asia-20160126031/
A global real estate investment firm will see a top-level change in its management for the region in the coming months as Ng Chiang Ling takes over from Scott Girard as CEO of M&G Real Estate Asia.
Super-Rich In China Made It In Real Estate
2016-01-20T10:46:39.662546-05:00https://www.thetrustedinsight.com/investment-news/super-rich-in-china-made-it-in-real-estate-20160120792/
<p>Technological and scientific innovation not only pushes forward economic development, but it also makes a few business leaders some big and fast money.</p>
South Korea To Spend $66B In Creating Own 'Silicon Valley'
2016-01-19T14:42:56.213162-05:00https://www.thetrustedinsight.com/investment-news/south-korea-to-spend-66b-in-creating-own-silicon-valley-20160119736/
The South Korean government's 80 trillion won investment will help create a startup hub in Pangyo, Seongnam, and give both local and foreign startups financial and administrative assistance.
Kazakhstan Looks To Private Equity For Help With Its $93B Cash Pile
2015-12-29T14:33:20.064725-05:00https://www.thetrustedinsight.com/investment-news/kazakhstan-looks-to-private-equity-for-help-with-its-93b-cash-pile-20151229876/
KKR & Co. founder Henry Kravis, Blackstone Group LP Chairman Stephen Schwarzman and Carlyle Group co-founder David Rubenstein were among the guests when Kazakhstan President Nursultan Nazarbayev hosted a dinner in New York. Apart from the dining at the Four Seasons Hotel, there was access to a possible $93 billion on the table as Nazarbayev, who presides over Central Asia’s biggest energy exporter, seeks to boost returns on the country’s wealth...
China-backed Asian Infra Lender AIIB Will Be Up And Running Early Next Year
2015-12-28T17:00:21.596163-05:00https://www.thetrustedinsight.com/investment-news/china-backed-asian-infra-lender-aiib-will-be-up-and-running-early-next-year-20151228814/
The China-backed Asian Infrastructure Investment Bank (AIIB) has been formally established and is expected to be operational early next year, and its head reaffirmed the lender will be “lean, clean and green”, Xinhua news agency said on Friday.
Oil extends losing streak as oversupply concerns persist
2015-12-15T17:41:31.374667-05:00https://www.thetrustedinsight.com/investment-news/oil-extends-losing-streak-as-oversupply-concerns-persist-20151215136/
Oil prices dipped on Tuesday, with Brent set to extend its losing streak to an eighth day, as investors remain concerned about a global glut and mild winter demand that sent prices close to 11-year lows during the previous session.
Japanese investors are profitable in all areas in Vietnam
2015-12-11T11:01:10.202617-05:00https://www.thetrustedinsight.com/investment-news/japanese-investors-are-profitable-in-all-areas-in-vietnam-20151211891/
Japanese investors have poured money in all sectors of business in Vietnam, including many high-profit industries such as agriculture, real estate and M&A.
Gina Rinehart sees off first ore shipment
2015-12-10T13:37:57.084439-05:00https://www.thetrustedinsight.com/investment-news/gina-rinehart-sees-off-first-ore-shipment-20151210844/
Billionaire Gina Rinehart has seen off the first shipment of iron ore from her $10 billion Roy Hill project as prices trade around 10-year lows.
COP21: Canada Pledges $300M To International Clean Tech Project
2015-12-01T12:20:28.635797-05:00https://www.thetrustedinsight.com/investment-news/cop21-canada-pledges-300m-to-international-clean-tech-project-20151201347/
The Liberal government plugged a couple of its election campaign promises on the environment into some high-wattage personalities Monday on the opening day of an international climate change conference.
Chinese Online Lending Startup Dianrong To Expand Into South Korea
2015-11-28T11:30:17.364089-05:00https://www.thetrustedinsight.com/investment-news/chinese-online-lending-startup-dianrong-to-expand-into-south-korea-20151128235/
While China’s Internet finance market is still in the early stages of its expansion, one of the country’s startups is already expanding its business overseas. The joint venture, which the two companies plan to create early next year, would be Dianrong’s first overseas business. Financial details of the partnership have not been determined yet, Dianrong said. In China, Dianrong runs an online platform that connects borrowers with potential lenders for personal and business loans. It now has 300,000 active lenders, the company says. “We think our business in China will continue growing. We are just scratching the surface and there...
Global underinvestment in energy R&D presents opportunities for the region
2015-11-23T16:28:09.882766-05:00https://www.thetrustedinsight.com/investment-news/global-underinvestment-in-energy-rd-presents-opportunities-for-the-region-20151123942/
The banner of innovation in the petroleum industry has passed to service companies, such as Schlumberger and Halliburton, which spend between 2 and 3 per cent of sales.
APG, CPPIB Set Up $500M JV For Korean Logistics With e-Shang
2015-11-18T12:10:21.400780-05:00https://www.thetrustedinsight.com/investment-news/apg-cppib-set-up-500m-jv-for-korean-logistics-with-e-shang-20151118647/
<span style="line-height: 20.8px;">Chinese warehouse developer e-Shang continued to boost its bid to become a major player in Asia’s regional logistics real estate market this week as </span>the Shanghai-based startup<span style="line-height: 20.8px;"> announced a $500 million joint venture with Dutch pension asset manager APG Asset Management and Canada Pension Plan Investment Board (CPPIB).</span>
Asia ex-Japan investment trust discounts widen
2015-11-13T12:29:06.587276-05:00https://www.thetrustedinsight.com/investment-news/asia-ex-japan-investment-trust-discounts-widen-20151113419/
The economic slowdown in China is impacting other countries in Asia and the developed world, and hopes of growth in consumer spending and the services sector coming to the rescue are fading.
Formation 8 Split Allows For Sharper Focus On Asia Startups
2015-11-12T16:15:29.254661-05:00https://www.thetrustedinsight.com/investment-news/formation-8-split-allows-for-sharper-focus-on-asia-startups-20151112329/
In just a few years, San Francisco-based venture capital firm Formation 8 turned heads with a high-profile cast of co-founders and a lucrative investment in virtual-reality startup Oculus VR LLC.
A Venture Capitalist Searches For The Purpose Of School. Here’s What He Found.
2015-11-10T14:08:54.325542-05:00https://www.thetrustedinsight.com/investment-news/a-venture-capitalist-searches-for-the-purpose-of-school-heres-what-he-found-20151110175/
Ted Dintersmith is a highly successful venture capitalist and father of two who is devoting most of his time, energy and part of of his personal fortune to education-related initiatives that call for a radical remaking of what and how students learn.
Baidu Joins $30M Series B Round In Bolome
2015-10-26T16:39:48.249428-04:00https://www.thetrustedinsight.com/investment-news/baidu-joins-30m-series-b-round-in-bolome-20151026300/
Shanghai-based cross-border e-commerce platform Bolome has completed US$30 million series B round of financing from Baidu Inc., LB Investment, Chengwei Ventures and other investors, according to Chinese media reports.
Koreans Will Continue To Flood The US CRE Market
2015-10-21T10:21:02.488731-04:00https://www.thetrustedinsight.com/investment-news/koreans-will-continue-to-flood-the-us-cre-market-20151021018/
Punching above its weight, in recent years, South Korea has been one of the most aggressive accumulators of prime US commercial real estate assets.
Missing Cargo Ship Highlights Vulnerability Of Aging US Fleet
2015-10-15T13:33:41.575747-04:00https://www.thetrustedinsight.com/investment-news/missing-cargo-ship-highlights-vulnerability-of-aging-us-fleet-20151015700/
The 40-year-old cargo ship El Faro, which disappeared in the Caribbean this month with 33 people onboard, was about four times older than the global average.
Vietnam Growing More Attractive To Foreign Investment, Including Tech
2015-10-09T13:43:56.290518-04:00https://www.thetrustedinsight.com/investment-news/vietnam-growing-more-attractive-to-foreign-investment-including-tech-20151009359/
In this Southeast Asian country where millions still live on $2 a day farming rice or fitting buttons onto shirts, Silicon Valley chip maker Intel raised eyebrows a decade ago when it launched a semiconductor factory here — the single largest American investment in the country ever.
Oil Industry Gaining In Push For Repeal Of US Ban On Petroleum Exports
2015-10-05T17:41:49.790670-04:00https://www.thetrustedinsight.com/investment-news/oil-industry-gaining-in-push-for-repeal-of-us-ban-on-petroleum-exports-20151005077/
After watching the price of oil and the size of their profits plunge, a dozen top executives from some of the nation’s largest oil exploration companies flew to Washington late last winter on an urgent mission: push Congress and the White House to allow unlimited exports of American crude oil.
Robot Revolution On China's Factory Floors
2015-10-02T14:53:21.026596-04:00https://www.thetrustedinsight.com/investment-news/robot-revolution-on-chinas-factory-floors-20151002925/
In China's factories, the robots are rising. For decades, manufacturers employed waves of young migrant workers from China's countryside to work at countless factories in coastal provinces, churning out cheap toys, clothing and electronics that helped power the country's economic ascent. Now, factories are rapidly replacing those workers with automation.
Asian Currencies Set For Worst Quarter Since 1997 On Fed, China
2015-09-30T17:29:44.787948-04:00https://www.thetrustedinsight.com/investment-news/asian-currencies-set-for-worst-quarter-since-1997-on-fed-china-20150930778/
Asian currencies headed for their biggest quarterly loss, battered by China’s surprise devaluation of yuan and hope of a US interest-rate increase.
Vietnam: Land Of Opportunities, Challenges For Foreign RE Investors
2015-09-16T16:15:21.794438-04:00https://www.thetrustedinsight.com/investment-news/vietnam-land-of-opportunities-challenges-for-foreign-re-investors-20150916040/
Foreign direct investment in Vietnamese real estate is experiencing strong growth in the past year, and hotel investment is riding that growth. In the first eight months of this year, FDI in real estate was up 58 percent year-on-year, accounting for 13.7 percent of total FDI inflows, according to data from CBRE’s Vietnam office.
CPPIB, PSP buy stake in Tesco's South Korean operations in $6.1-billion deal
2015-09-08T17:59:42.651332-04:00https://www.thetrustedinsight.com/investment-news/cppib-psp-buy-stake-in-tesco039s-south-korean-operations-in-61-billion-deal-20150908864/
The Canadian Pension Plan Investment Board, along with the Public Sector Pension Investment Board, is part of a consortium that purchased the South Korean supermarket chain Homeplus from British retailer Tesco for around $6-billion
Struggling Tesco Exits South Korea
2015-09-08T12:22:13.773607-04:00https://www.thetrustedinsight.com/investment-news/struggling-tesco-exits-south-korea-20150908814/
Britain's Tesco has agreed to sell its South Korean business to a group led by private equity firm MBK Partners for $6.1 billion. As Sara Hemrajani reports, it's the retail giant's first major disposal since it hit financial difficulties and decided to focus on its troubled domestic business.
The 10 hottest startup ecosystems in the world
2015-08-31T13:09:46.779135-04:00https://www.thetrustedinsight.com/investment-news/the-10-hottest-startup-ecosystems-in-the-world-20150831461/
Since SparkLabs Global Ventures launched 20 months ago, we have made 50 investments across five continents. We have six partners, based in Silicon Valley, Seoul, Tel Aviv, Singapore, and London, which gives us a unique viewpoint on what is trending in terms of technology and innovation across the globe.
The Top 10 Global Startup Scenes (According to a VC Firm)
2015-08-27T11:46:08.763027-04:00https://www.thetrustedinsight.com/investment-news/the-top-10-global-startup-scenes-according-to-a-vc-firm-20150827350/
SparkLabs, a global seed fund, today released a list of the top 10 global startup scenes in a presentation called Global Technology Trends & Startup Hubs 2015. The list puts a heavy emphasis on whether startups in the region are exiting: selling or going public...
'New Silk Road': Is China building bubbles or oases?
2015-08-26T12:03:12.744967-04:00https://www.thetrustedinsight.com/investment-news/new-silk-road-is-china-building-bubbles-or-oases-20150826287/
A development wave is transforming an area along China's border with Kazakhstan that just three years ago boasted little more than a wealth of rocks and sand.
Relief as global markets decouple from Chinese misery
2015-08-25T12:40:55.438870-04:00https://www.thetrustedinsight.com/investment-news/relief-as-global-markets-decouple-from-chinese-misery-20150825213/
China’s has carried on in freefall, but the rest of the world’s stock markets look in much better shape Tuesday, rebounding with vigor after Monday’s sharp declines....
Foreign Investment in U.S. Real Estate Assets to Hit Record High
2015-08-24T18:57:16.776736-04:00https://www.thetrustedinsight.com/investment-news/foreign-investment-in-us-real-estate-assets-to-hit-record-high-20150824178/
The wave of foreign capital flowing into U.S. real estate is poised for a record-setting year. read more
Private Equity Firms Race to the Finish Line with Homeplus
2015-08-24T16:41:11.174428-04:00https://www.thetrustedinsight.com/investment-news/private-equity-firms-race-to-the-finish-line-with-homeplus-20150824112/
Monday marks the deadline for bids for the Tesco South Korean unit, Homeplus. The unit is valued at around $6 billion and a number of big private equity firms are reportedly finalising their bids to snatch the supermarket. Forming Alliances Reports on Sunday’s Korean newspapers suggest global private equity firms are creating […]
Korean Investment Corporation Asks Elliott To Stop Making Investments in Korea
2015-08-21T09:10:07.848213-04:00https://www.thetrustedinsight.com/investment-news/korean-investment-corporation-asks-elliott-to-stop-making-investments-in-korea-20150821029/
Activist Paul Springer’s Elliott Management has been asked, apparently politely, by South Korea’s sovereign wealth fund to cease investing in Korean-based companies following a bruising and unsuccessful proxy battle to block the merger of Samsung C&T with Cheil Industries. read more
Forecast: Steady increase to 92 GW annual solar installations by 2020
2015-08-06T15:40:06.415950-04:00https://www.thetrustedinsight.com/investment-news/forecast-steady-increase-to-92-gw-annual-solar-installations-by-2020-20150806529/
Apricum's latest report based on its global market PV model shows continual growth in cumulative installations. Brazil looks set to possibly become the new PV darling.
Samsung Shareholders Back $8 Billion Merger, in Blow to U.S. Hedge Fund
2015-07-17T13:50:09.358119-04:00https://www.thetrustedinsight.com/investment-news/samsung-shareholders-back-8-billion-merger-in-blow-to-us-hedge-fund-20150717149/
SEOUL—The Samsung conglomerate’s controlling Lee family scored a major victory Friday over U.S. hedge fund Elliott Associates LP, as shareholders approved an $8 billion merger of two Samsung affiliat...
Korea Pension Fund to Back Samsung Deal, Economic Daily Says
2015-07-10T11:57:57.718331-04:00https://www.thetrustedinsight.com/investment-news/korea-pension-fund-to-back-samsung-deal-economic-daily-says-20150710018/
South Korea’s National Pension Service will support the controversial merger between two Samsung Group units, Korea Economic Daily reported, a move that would help the country’s largest business group fend off a challenge from billionaire activist investor Paul Elliott Singer.
Samsung Dynasty - 2; Paul Singer - 0
2015-07-07T12:04:35.492369-04:00https://www.thetrustedinsight.com/investment-news/samsung-dynasty-2-paul-singer-0-20150707941/
In his war with Samsung's Lee dynasty over the sale of one piece of their $270 billion empire, the American hedge fund manager has now lost two important battles....
China is Sliding. Did Bridgewater Associates Call It First?
2015-06-23T16:30:08.961301-04:00https://www.thetrustedinsight.com/investment-news/did-bridgewater-associates-call-the-recent-china-slide-20150623690/
In a monthly update presentation delivered June 4, the slides of which were reviewed by ValueWalk, Bridgewater noted significant concerns regarding China. The world’s largest hedge fund said China wa...
The story of the invention that could revolutionize batteries—and maybe American manufacturing as well
2015-06-22T14:02:44.283336-04:00https://www.thetrustedinsight.com/investment-news/the-story-of-the-invention-that-could-revolutionize-batteriesand-maybe-american-manufacturing-as-well-20150622658/
Since about 2010, a critical mass of national leaders, policy professionals, scientists, entrepreneurs, thinkers and writers have all but demanded a transformation of the humble lithium-ion cell. Onl...
Samsung C&T enlists KCC in fight for merger with Cheil Industries
2015-06-10T15:06:14.330162-04:00https://www.thetrustedinsight.com/investment-news/samsung-ct-enlists-kcc-in-fight-for-merger-with-cheil-industries-20150610457/
Samsung C&T said on Wednesday it would sell 9 million common treasury shares to construction materials firm KCC Corp ( 002380.KS ) for 674 billion won ($608 million) in a deal that would be completed...
Elliott Escalates Fight With Samsung’s Lees on C&T Takeover Bid
2015-06-09T10:56:44.480842-04:00https://www.thetrustedinsight.com/investment-news/elliott-escalates-fight-with-samsungs-lees-on-ct-takeover-bid-20150609419/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
World's largest round so far in 2015: Korea's Coupang raises $1B from SoftBank
2015-06-03T10:05:19.465494-04:00https://www.thetrustedinsight.com/investment-news/worlds-largest-round-so-far-in-2015-koreas-coupang-raises-1b-from-softbank-20150603272/
Your latest reminder that the startup world does not end at the shores of Silicon Valley comes today courtesy of Coupang , the Korean e-commerce service that just raised $1 billion from SoftBank....
Los Angeles Emerges as Home for Growing Korean VC
2015-05-11T11:07:46.016232-04:00https://www.thetrustedinsight.com/investment-news/los-angeles-emerges-as-home-for-growing-korean-vc-20150511037/
"Now, with support from the South Korean government and venture capitalists on both sides of the Pacific, Los Angeles is emerging as a corner in a tech triangle connecting Seoul to Silicon Valley to Silicon Beach."
Asia Should Lure More Infrastructure Investment
2015-05-07T07:37:08.918792-04:00https://www.thetrustedinsight.com/investment-news/asia-should-lure-more-infrastructure-investment-20150507005/
South Korea's finance minister called on Asia Monday to better meet regional demand for infrastructure development by attracting more outside investment and strengthening ties between regional economic institutions, Seoul's finance ministry said...
A Deal on Nuclear Weapons to Help More Oil & Gas Flow
2015-04-10T14:07:07.737105-04:00https://www.thetrustedinsight.com/investment-news/a-deal-on-nuclear-weapons-to-help-more-oil-gas-flow-20150410723/
In Iran's glory days in 1974, it pumped a record 6m barrels of oil a day (b/d). Revolution, war, politicking, mismanagement and sanctions have all taken their toll. Production is 2.8m now. If an outl...
Asset allocation targets of top 10 Korean LPs
2015-03-30T16:22:07.770487-04:00https://www.thetrustedinsight.com/investment-news/asset-allocation-targets-of-top-10-korean-lps-20150330568/
Asset allocation targets of top 10 Korean LPs
The Asian Infrastructure Investment Bank: Following the Money
2015-03-19T06:13:43.957884-04:00https://www.thetrustedinsight.com/investment-news/the-asian-infrastructure-investment-bank-following-the-money-20150319480/
Strategic rivalry between America and China, usually masked by the two countries’ insistence they mean each other well, takes many forms. Rarely does a clear winner emerge. An exception, however, is ...
Singapore Again Leads Asia in Real Estate Investment
2015-03-03T06:13:59.911905-05:00https://www.thetrustedinsight.com/investment-news/singapore-again-leads-asia-in-real-estate-investment-20150303363/
Singapore investors led the region in real estate investments in 2014 with US$11.9 billion worth of properties acquired across the world, a 26.6 per cent increase from 2013, said CBRE Research....
Funding in Asian eCommerce Up 312%
2015-02-13T17:55:37.173506-05:00https://www.thetrustedinsight.com/investment-news/funding-in-asian-ecommerce-up-312-20150213264/
"2014 was an absolutely massive year for eCommerce in Asia as companies in the region raised $11.5B across 367 equity financings last year. The boom in financing activity was driven by a number of $100 million+ rounds, as well as five $500M+ financings to Asia Unicorns such as Flipkart and Snapdeal"
Asia Pacific Commercial Real Estate Investment Set to Grow in 2015
2014-12-22T22:24:39.114249-05:00https://www.thetrustedinsight.com/investment-news/asia-pacific-commercial-real-estate-investment-set-to-grow-in-2015-20141222935/
Direct commercial real estate investment across Asia Pacific in 2015 is expected to exceed 2014 levels, according to the latest figures from leading property management and advisory company JLL. Whi...
Alkhabeer Starts Venture Fund for Saudi Startups
2014-12-22T14:19:44.852386-05:00https://www.thetrustedinsight.com/investment-news/alkhabeer-starts-venture-fund-for-saudi-startups-20141222929/
Alkhabeer Ventures will target mobile, e-commerce, news media and social media startups and new technologies like 3D imaging.
Coupang Raises $300M to Fill Amazon-Sized Void In South Korea
2014-12-10T20:18:40.693349-05:00https://www.thetrustedinsight.com/investment-news/coupang-raises-300m-to-fill-amazon-sized-void-in-south-korea-20141210845/
I'm a member of the Forbes' tech team and a San Francisco-based reporter covering the agitators of the e-commerce world. I started at Forbes as a member of the wealth team, putting together the magaz...
Korean E-commerce Leader Coupang Raises $300M Led By BlackRock | TechCrunch
2014-12-10T11:21:32.676103-05:00https://www.thetrustedinsight.com/investment-news/korean-e-commerce-leader-coupang-raises-300m-led-by-blackrock-techcrunch-20141210842/
In an interview with TechCrunch, Coupang’s founder Bom Kim says that the capital will be invested in two key areas: the technology behind its mobile apps, which generates 70 percent of Coupang’s reve...
Headland Capital Looking to Sell Korea’s Young Toys
2014-11-25T12:04:42.098631-05:00https://www.thetrustedinsight.com/investment-news/headland-capital-looking-to-sell-koreas-young-toys-20141125748/
Asia-focused private-equity fund Headland Capital Partners Ltd. is seeking a buyer for Young Toys Inc., a fast-growing South Korean toy maker, in a deal that could be worth more than $250 million, ac...
The large Family controlled Businesses | The Economist
2014-11-20T13:34:01.386949-05:00https://www.thetrustedinsight.com/investment-news/the-large-family-controlled-businesses-the-economist-20141120725/
THE “Lucky Sperm Club”, as Warren Buffett likes to call it, is still going strong at the commanding heights of global business. Family-controlled firms now make up 19% of the companies in the Fortune...
New Asia Bank Part of China's Agenda
2014-10-28T16:11:05.671139-04:00https://www.thetrustedinsight.com/investment-news/new-asia-bank-part-of-chinas-agenda-20141028510/
China and 20 other countries yesterday signed a memorandum of understanding to create an Asian infrastructure bank that will help finance the region's US$800 billion annual needs....
CVMC REIT Acquires Over $210M in Mission Critical Assets
2014-09-29T13:39:36.372786-04:00https://www.thetrustedinsight.com/investment-news/cvmc-reit-acquires-over-210m-in-mission-critical-assets-20140929247/
CVMC REIT’s investment strategy continues to be focused on acquiring high-quality, long-term net leased data center and healthcare properties throughout the United States that are “mission critic...
More Overseas Investors Interested in Asia-Pacific Region
2014-09-02T11:36:45.340018-04:00https://www.thetrustedinsight.com/investment-news/more-overseas-investors-interestes-in-asia-pacific-region-20140902853/
Overall investment volume this year is expected to remain in line with theUS$98 billion record achieved last year...
Different Decade, Same Issues
2014-07-23T11:22:11.484348-04:00https://www.thetrustedinsight.com/investment-news/8392-different-decade-same-issues-20140723392/
Emerging Voices features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is by Evan Axelrad , a recent gradua...
Logistics investment venture in China receives USD588m
2014-07-15T12:27:39.166792-04:00https://www.thetrustedinsight.com/investment-news/8336-logistics-investment-venture-in-china-receives-usd588m-20140715336/
Prologis China Logistics Venture, an investment vehicle launched by US logistics operator Prologis Inc, has received additional USD588m investments. The new commitment came from HIP China Logistics Investments Ltd, a subsidiary of the Abu Dhabi Investment Council, which committed USD500m, and from Prologis itself, which contributed USD88m.
Financial Markets' Short Memories
2014-06-19T11:39:28.941574-04:00https://www.thetrustedinsight.com/investment-news/7950-financial-markets-short-memories-20140619950/
<p>The failure of Energy Future Holdings, known as TXU Corp when it was acquired at the height of the mega-buyout boom, is a sobering reminder to investors in private equity funds that heavily leveraged...</p>
Hearn set to buy Three First National Plaza from Hong Kong / South Korea Venture
2014-06-10T15:54:40.606568-04:00https://www.thetrustedinsight.com/investment-news/hearn-set-to-buy-three-first-national-plaza-from-hong-kong-south-korea-venture-20140610795/
Chicago-based Hearn will pay about $260 per square foot, or 9 percent more than a Hong Kong-South Korea venture paid less than three years ago for the 1.4 million-square-foot tower at 70 W. Madison St., according to people familiar with the transaction.
Sequoia Expands Scope Of Asian Investments
2014-06-06T20:01:20.572196-04:00https://www.thetrustedinsight.com/investment-news/7763-sequoia-expands-scope-of-asian-investments-20140606763/
With its latest $100 million investment in a Korean startup announced late last month, Sequoia Capital is seemingly expanding the scope of its investing in Asia....
Korea's KIC Boosts Its Exposure to Alternative Investments
2014-05-05T11:21:29.042521-04:00https://www.thetrustedinsight.com/investment-news/koreas-kic-boosts-its-exposure-to-alternative-investments-20140505109/
The Korea Investment Corp., South Korea's $72 billion sovereign
wealth fund, plans to double its allocation to alternative
investments over the next ten years, according to newly
appointed CIO Choo Heung-Sik.
Korea Post issues RFP for global HF managers
2014-05-05T11:10:15.893154-04:00https://www.thetrustedinsight.com/investment-news/7106-korea-post-issues-rfp-for-global-hf-managers-20140505106/
The institution's $30 billion insurance bureau is seeking new managers for two hedge fund strategies as it continues its global diversification drive. The first of the strategies is equity long-short. This can be long-biased, variable or equity market neutral, but must have had average notional net exposure below 40% for the past six years.
Azerbaijani State Oil Fund Snaps Up Prime Real Estate in South Korea
2014-04-07T16:19:43.516433-04:00https://www.thetrustedinsight.com/investment-news/6650-azerbaijani-state-oil-fund-snaps-up-prime-real-estate-in-south-korea-20140407650/
The State Oil Fund of Azerbaijan has acquired prime office complex, Pine Avenue Tower A in Seoul, South Korea for $447 million, a message from the Fund said on April 1.
More Asia-Pacific-Based Investors Considering Hedge Fund Investments - March 2014
2014-04-02T20:24:39.466183-04:00https://www.thetrustedinsight.com/investment-news/6590-more-asia-pacific-based-investors-considering-hedge-fund-investments-march-2014-20140402590/
Investors within the Asia-Pacific region have traditionally been more conservative when allocating to hedge funds compared to their global peers. Data from Preqin's Hedge Fund Investor Profiles onlin...