Why Poba chose seven PE firms for new mandates
The Korean pension fund has just allocated $320 million to seven private equity managers. CIO Jang Dong-Hun tells AsianInvestor why they were chosen.
Korea's Public Officials Benefit Association (Poba) has revealed why it awarded private equity investment mandates totaling $320 million to seven general partners (GPs) last week, as part of its efforts to diversify its investments and improve returns.
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