Institution: Public Officials Benefit Association
Headquarters: Seoul, South Korea
AUM: KRW12.2trn
Allocation to alternatives: 58.0%
Bitesize: $100m-$200m
Public Officials Benefit Association (POBA) has issued a request for proposal for direct lending fund managers focused on North America to explore mid-market senior corporate debt opportunities.
The submission deadline is 26 September, with the evaluation and review taking place in October.
As illustrated below, the KRW12.2 trillion ($10.25 billion; €9.28 billion) investor allocates just over two percent of its investment portfolio to private debt.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.
