trending Market Intelligence /marketintelligence/en/news-insights/trending/SdBiPM-Q5LKlNibWZ9TfNA2 content esgSubNav
In This List

Shinhan Financial, KKR raise US$200M for global alternative investment fund

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


Shinhan Financial, KKR raise US$200M for global alternative investment fund

Shinhan Financial Group Co. Ltd. and KKR & Co. Inc. raised a US$200 million for a global alternative investment fund specifically made for the South Korean banking group, The Korea Times reported Jan. 9.

Shinhan Financial will take part in the decision-making process for the fund alongside KKR. The investment vehicle will use US$150 million raised by Shinhan Financial's bank, brokerage and life insurer units to invest in a private equity fund, while the remaining US$50 million will be channeled toward real estate and infrastructure investments.

The Korean financial group and the U.S. private equity firm signed a memorandum in September 2018 to focus on a strategic partnership for global alternative investment, the report added.