Public Officials Benefit Association (POBA)
STIC commits $840m to Korea's Iljin Materials
STIC Investments has led a KRW1 trillion ($840 million) investment in Iljin Materials, a Korean producer of electric foils used in lithium batteries and consumer electronics, to support the international expansion of its manufacturing footprint.
Asia credit fundraising: Middle muddle
Various structural tailwinds are driving the development of Asia’s middle-market private credit space. This doesn’t necessarily make it any easier to raise funds for the strategy
LPs warn of co-investment risks - AVCJ Forum
The boom in LP appetite for co-investment has made it harder to secure access to deals and created adverse selection risk as private equity firms push beyond their comfort zone, investors told the AVCJ Korea Forum.
Korean LPs prepare for a downturn - AVCJ Forum
Korean institutional investors are reviewing their alternatives allocations – and focusing new commitments on more liquid strategies such as credit – in anticipation of a correction in global markets.
LP interview: Korea's POBA
Korea’s Public Officials Benefit Association is expanding its private equity exposure and global footprint. Maintaining this diversification within the firm’s traditional risk profile requires a gradual approach