Poba enters Asia’s private credit market

Korea’s Public Officials Benefit Association (Poba) has decided its private debt exposure into the Asian market, beyond the existing investments in US and Europe. Poba has been having meetings with Asian private debt managers for the last two years, leading up to the decision to enter the market, Jang Dong Hun, chief investment officer at Poba, told AsianInvestor. Jang Dong Hun “At the initial stage, we were risk-averse and sceptic about the performance outlook from a ri…