POBA Gangnam Tower
Scope
Date
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POBA to up co-investment with CalSTRS, Texas pension fund
The Public Officials Benefit Association (POBA) will double co-investment with the California State Teachers’ Retirement System (CalSTRS) to 880 billi...
Apr 29, 2019 (Gmt+09:00)
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POBA earmarks $175 mn for Japan housing; picks Europe debt funds
The Public Officials Benefit Association (POBA) has allocated 200 billion won ($175 million) for initial investments in Japan’s multifamily residentia...
Apr 10, 2019 (Gmt+09:00)
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CalSTRS-POBA venture extends $64 mn loan on Atlanta office project
A joint venture between the California State Teachers' Retirement System (CalSTRS) and the Public Officials Benefit Association (POBA) has provided a ...
Mar 15, 2019 (Gmt+09:00)
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[Interview] POBA to increase US property loan investment via JVs
The Public Officials Benefit Association (POBA) will continue to step up investment in US real estate loans through joint ventures (JVs) with global p...
Mar 05, 2019 (Gmt+09:00)
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POBA seeks Europe PDF managers for $136 mn mandates
The Public Officials Benefit Association (POBA) will select three European middle-market private debt funds to commit about 120 million euros ($136 mi...
Jan 21, 2019 (Gmt+09:00)
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KTCU appoints new CIO; POBA’s CIO to enter second term
The Korean Teachers’ Credit Union (KTCU) has appointed its corporate finance department head Ho Hyun Kim as chief investment officer, succeeding Sung-...
Jan 17, 2019 (Gmt+09:00)
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NPS, POBA to set up $314 mn Korean logistics fund
The National Pension Service (NPS) and the Public Officials Benefit Association (POBA) will form a 350 billion won ($314 million) blind-pool fund to i...
Sep 04, 2018 (Gmt+09:00)
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POBA to re-up for Europe property SMA with $224 mn: report
The Public Officials Benefit Association (POBA) will commit an additional 250 billion won ($224 million) for core-plus and value-add property investme...
Aug 01, 2018 (Gmt+09:00)
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TPG, Coller Capital, Ardian win POBA’s $150 mn PEF mandates: report
The Public Officials Benefit Association has awarded $150 million private equity mandates to TPG Capital (for buyout/growth strategy), London-based Co...
Jul 18, 2018 (Gmt+09:00)
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POBA to commit $200 mn to Square Mile’s $825 mn debt fund
The Public Officials Benefit Association (POBA) will commit $200 million to a real estate debt fund of Square Mile Capital, a US investment company, w...
Jul 07, 2018 (Gmt+09:00)
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Korean fund set to log double-digit return from sale of German tower
South Korean institutional investors, including the Teachers’ Pension and insurance companies, are set to reap a profit of more than €106 million ($12...
May 23, 2018 (Gmt+09:00)
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[RFP] POBA to allocate $150 mn to global blind-pool PEF managers
The Public Officials Benefit Association (POBA) plans to commit up to $150 million to global blind-pool private equity funds for three types of strate...
May 18, 2018 (Gmt+09:00)
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POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt
The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...
Apr 29, 2018 (Gmt+09:00)
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KKR consortium poised to buy $1 bn Seoul office tower
A consortium of KKR & Co. and South Korea’s IGIS Asset Management Co. Ltd. on March 30 was selected as a preferred buyer of twin office towers in ...
Apr 01, 2018 (Gmt+09:00)
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POBA, Korean insurers to buy $255 mn stake in UK motorway operator
South Korean retirement funds and insurance companies, including the Public Officials Benefit Association (POBA), are set to buy a 20% stake in th...
Mar 06, 2018 (Gmt+09:00)
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Blackstone, Korea Post among bidders for $1 bn new office tower in Seoul
Twin office towers under construction in Seoul, worth an estimated 1.1 trillion won ($1 billion), have attracted Blackstone Group, Korea Post and five...
Mar 01, 2018 (Gmt+09:00)
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POBA mulls JV launch with global pension funds for alternative investment
The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...
Jan 30, 2018 (Gmt+09:00)
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POBA commits $150 mn to private debt funds of Antares, Ares and Golub
The Public Officials Benefit Association (POBA) has committed an aggregate $150 million to Antares Capital, Golub Capital and Ares Management as the t...
Jan 29, 2018 (Gmt+09:00)
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GIC, M&G Real Estate in $400 mn bid for POBA-owned Korean building
Singapore’s GIC and M&G Real Estate of London-based Prudential Plc. are in the bidding for a new office building in South Korea, wholly owned by t...
Dec 07, 2017 (Gmt+09:00)
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KKR, POBA plan to sell commercial buildings in Korea for $1 bn
Private equity firm KKR & Co. and the Public Officials Benefit Association (POBA) have put two commercial buildings in South Korea up for sale sep...
Nov 17, 2017 (Gmt+09:00)
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[RFP] POBA seeks US private debt fund managers for about $150 mn
The Public Officials Benefit Association (POBA) will select two to three US private debt fund houses to make senior secured, direct lending of around ...
Nov 17, 2017 (Gmt+09:00)
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PAG buys Seoul office building from POBA-led fund for $270 mn
Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Bene...
Oct 10, 2017 (Gmt+09:00)
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[RFP] POBA seeks private credit SMA managers for $200 mn
The Public Officials Benefit Association (POBA) will select two global private credit managers to invest around $200 million in mezzanine debt via sep...
Jun 27, 2017 (Gmt+09:00)
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POBA completes $300 mn Europe property deals via SMA, shy of target
The Public Officials Benefit Association (POBA) has completed three office building purchases for around 330 billion won ($293 million) in Europe thro...
May 24, 2017 (Gmt+09:00)
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POBA selects 7 global private equity fund managers for $300 mn
The Public Officials Benefit Association (POBA) has picked seven global private equity fund houses to invest $300 million in five different strategies...
May 18, 2017 (Gmt+09:00)
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Korea's POBA in screening overseas PEF managers to commit $300 mn
The Public Officials Benefit Association (POBA) is screening investment proposals from overseas private equity fund managers to entrust a combined $30...
Mar 30, 2017 (Gmt+09:00)
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Korean institutions to invest in Partners Group’s infra fund; POBA commits €40 mn
Partners Group, a Switzerland-based investment firm, is looking to raise a further €655 million ($689 million) in March for the final close of it...
Mar 03, 2017 (Gmt+09:00)
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Hyundai Marine to be anchor investor of Allianz’s new Berlin office tower: report
South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. will commit around 60 billion won and 70 billion won ($50~58 million) to a domestic real es...
Jan 11, 2017 (Gmt+09:00)
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POBA CIO says studying catastrophe bond investment for about $25 million
South Korea’s Public Officials Benefit Association (POBA) is considering investing about $17 million to $25 million in catastrophe bonds, also known a...
Jun 07, 2016 (Gmt+09:00)
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POBA to pick 2 global infrastructure fund firms in June for $85 mln investment – report
South Korea’s Public Officials Benefit Association (POBA), a savings fund for local public officials, plans to select two offshore infrastructure inve...
May 27, 2016 (Gmt+09:00)
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