Personal markets funding agency Northleaf Capital Companions has opened a brand new workplace within the South Korean capital, Seoul.
It’s Northleaf’s tenth workplace, together with Asia-Pacific areas in Melbourne, Australia and Tokyo, Japan.
The Seoul workplace is led by managing director Chung-hyun (Alex) Lee, who joined Northleaf earlier this 12 months. Lee studies to Tokyo-based Jeff Pentland, managing director and head of Asia-Pacific.
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“Now we have been more than happy with the sturdy curiosity from traders all through Asia and the nice and cozy reception of our Tokyo workplace launch in 2022. As we indicated on the time, establishing a presence in Seoul was the pure subsequent step,” stated Pentland.
“We’re assured that Alex’s experience and in depth community will improve Northleaf’s means to offer traders on this area with entry to our differentiated mid-market personal markets platform.”
Earlier than becoming a member of Northleaf, Lee was a managing director at Seraya Companions, an impartial personal fairness supervisor investing in infrastructure in Asia.
Beforehand, he held senior roles on the Korea Funding Company in Seoul and New York for eight years, the place he performed a key position in constructing out infrastructure funding portfolios.
Previous to that, Lee labored with Korea Scores, KPMG Korea, and Deloitte Korea.
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“The opening of our Seoul workplace underscores our dedication to the Asia-Pacific market, the place investor curiosity in Northleaf’s personal markets methods continues to develop and construct momentum,” stated Stuart Waugh, managing associate of Northleaf.
Lee added: “Northleaf’s world funding experience, confirmed monitor document, and mid-market focus in personal fairness, personal credit score and infrastructure make it uniquely positioned to ship tailor-made options that meet the evolving wants of traders on this dynamic area.”
Northleaf has raised $26bn (£19.5bn) in personal fairness, personal credit score, and infrastructure commitments so far.
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