Northleaf launches Seoul office
Private markets investment firm Northleaf Capital Partners has opened a new office in the South Korean capital, Seoul.
It is Northleaf’s tenth office, including Asia-Pacific locations in Melbourne, Australia and Tokyo, Japan.
The Seoul office is led by managing director Chung-hyun (Alex) Lee, who joined Northleaf earlier this year. Lee reports to Tokyo-based Jeff Pentland, managing director and head of Asia-Pacific.
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“We have been very pleased with the strong interest from investors throughout Asia and the warm reception of our Tokyo office launch in 2022. As we indicated at the time, establishing a presence in Seoul was the natural next step,” said Pentland.
“We are confident that Alex’s expertise and extensive network will enhance Northleaf’s ability to provide investors in this region with access to our differentiated mid-market private markets platform.”
Before joining Northleaf, Lee was a managing director at Seraya Partners, an independent private equity manager investing in infrastructure in Asia.
Previously, he held senior roles at the Korea Investment Corporation in Seoul and New York for eight years, where he played a key role in building out infrastructure investment portfolios.
Prior to that, Lee worked with Korea Ratings, KPMG Korea, and Deloitte Korea.
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“The opening of our Seoul office underscores our commitment to the Asia-Pacific market, where investor interest in Northleaf’s private markets strategies continues to grow and build momentum,” said Stuart Waugh, managing partner of Northleaf.
Lee added: “Northleaf’s global investment expertise, proven track record, and mid-market focus in private equity, private credit and infrastructure make it uniquely positioned to deliver tailored solutions that meet the evolving needs of investors in this dynamic region.”
Northleaf has raised $26bn (£19.5bn) in private equity, private credit, and infrastructure commitments to date.
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