Institution: Public Officials Benefit Association
Headquarters: Seoul, South Korea
Allocation to alternatives: 58.0%
The Public Officials Benefit Association has selected three European fund managers for its mid-market direct lending private debt funds. The pension has committed €40 million each to Hayfin Capital Management, Idinvest Partners and LGT Capital Partners.
As illustrated in the charts below, the $12.2 billion South Korean public pension has a 58.3 percent target allocation to alternative investment that currently stands at 58 percent.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.