Poba finalises PE mandates, KFCCC seeks US property

The Public Officials Benefit Association (Poba) of Korea is set to name seven private equity companies into which it will invest a total of $300 million via a set of international investments. Meanwhile, the Korea Federation of Community Credit Cooperatives is seeking to invest in US real estate and is eyeing alternatives in China and Japan.   Poba chief investment officer, Jang Dong-hun, told AsianInvestor that his division would finalise the winners of the seven mandates by ne…