[RFP] POBA to allocate $150 mn to global blind-pool PEF managers

May 18, 2018 (Gmt+09:00)

1 Min read

Most Read

LG Chem to sell water filter business to Glenwood PE for $692 million

Mirae Asset to be named Korea Post’s core real estate fund operator

KT&G eyes overseas M&A after rejecting activist fund's offer

Meritz backs half of ex-manager’s $210 mn hedge fund

StockX in merger talks with Naver’s online reseller Kream

The Public Officials Benefit Association (POBA) plans to commit up to $150 million to global blind-pool private equity funds for three types of strategy: buyout/growth, secondary and co-investment.

The $10 billion retirement fund for local government employees will receive proposals by May 29, 2018 at 3 p.m. (Korean standard time), it said in a statement on May 16.

For details, click [download id="4467"].

By Chang Jae Yoo

yoocool@hankyung.com