Hillhouse Capital, a firm with strong Chinese ties through its founder Zhang Lei, is on the verge of acquiring IGIS Asset Management, South Korea’s largest real estate fund manager handling $52 billion in assets. IGIS oversees public pension funds and holds sensitive data on major infrastructure and property holdings across the country. The deal has drawn attention after Korean insurers, including Hyeungkuk Life, submitted higher bids but were sidelined following additional bidding rounds conduc
1:03
Hillhouse Capital, a firm with strong Chinese ties through its founder Zhang Lei, is on the verge of acquiring IGIS Asset Management, South Korea’s largest real estate fund manager handling $52 billion in assets. IGIS oversees public pension funds and holds sensitive data on major infrastructure and property holdings across the country. The deal has drawn attention after Korean insurers, including Hyeungkuk Life, submitted higher bids but were sidelined following additional bidding rounds conduc
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