S Korea's POBA calls out PE players to manage $150m funds

S Korea's POBA calls out PE players to manage $150m funds

South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. REUTERS/Kim Hong-Ji

South Korea’s Public Officials Benefit Association (POBA), a local pension fund for government officials, has announced plans to allocate $150 million to private equity vehicles this year and is looking for managers to handle the funds.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter