South Korea Archives - The Tech Capital

South Korea

Gaw Capital, IMM Investment forge data centre investment into South Korea

Hong Kong-based private equity firm Gaw Capital Partners, through a fund under its management, has entered into various agreements with Korean private equity firm IMM Investment Corp., to make a strategic investment in Dreammark1 and form a mutual strategic partnership to grow Dreamline Co. Esta...

April 28

João Marques Lima

SK Group partners with Stonepeak-backed entity for $800m South Korea data centre venture

SK ecoplant, an affiliated with South Korea's conglomerate SK Group, has entered into a partnership with Stonepeak Infrastructure Partners-backed data centre operator Digital Edge (Singapore) Holdings Pte. Ltd. to deploy digital infrastructure in Bupyeong, west of Seoul. The two parties have signed a joint venture (JV) which will see the establishing of a special purpose co...

April 26

João Marques Lima

Actis sees re-ups take new fund to $700m

Infrastructure investor Actis has completed fundraising for Actis Asia Real Estate 2 (AARE2) fund amassing US$700 million in limited partnership (LP) fund and co-investment commitments. Additional co-investment opportunities are expected to deliver up to US$1billion of investable capital during the life of the Fund. The Fund will allocate capital to invest in real estate...

April 11

João Marques Lima

Alibaba Cloud joins Equinix, Digital Realty and SC Capital Partners in entering South Korea data centre market

Alibaba Cloud has brought online its first data centre in South Korea, taking the cloud provider’s total availability zones to 82, spreading across 26 regions worldwide. Unique Song, regional general manager of Japan & South Korea, Alibaba Cloud Intelligence, said: “We are launching the data centre in Korea to meet the strong needs for digital transformation from ou...

March 31

João Marques Lima