Poba to lead Korean instos into offshore co-investments
The asset owners will likely co-invest with more asset owners outside Korea as they are not able to conduct due diligence amid the lockdown while looking for higher returns.
Korea’s Public Officials Benefit Association (Poba) is planning to team up with more overseas asset owners to make alternative investments in order to counter the limiting impact of the Covid-19 pandemic. And other asset owners in the country look increasingly likely to pursue a similar strategy.
Jang Dong-Hun, Poba
“Poba would like to do more co-investments with currently existing partners....and [potential] new partners,” Jang Dong-Hun, chief investment officer of the W1…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.