POBA commits to Brookfield’s real estate secondaries fund

The South Korean public pension fund has backed Brookfield's latest investment strategy.

Institution: Public Officials Benefit Association
Headquarters: Seoul, South Korea
AUM: 16.36 trillion Korean won
Allocation to alternatives: 58.1%

Public Officials Benefit Association has approved a commitment of $150 million to Brookfield Asset Management’s Real Estate Secondaries Fund, a contact at the pension informed Secondaries Investor.

As illustrated below, the South Korean public pension fund’s recent secondaries commitments have focused on private equity and private real estate sectors across multiple regions.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.