Korea: POBA gets Crescent Capital, Falcon, Goldpoint to manage $120m in US mezzanine funds

Korea: POBA gets Crescent Capital, Falcon, Goldpoint to manage $120m in US mezzanine funds

US dollar notes. Photo: Hemant Mishra/Mint

Korea’s Public Officials Benefit Association (POBA), a local pension fund for government officials, has chosen Crescent Capital Group, Falcon Private Equity and GoldPoint Partners, to manage $120 million in US mezzanine funds.

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