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.
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