Firm Deepens Private Equity Presence in Asia NEW YORK, Sept 21 (Bernama-
BUSINESS WIRE) -- The Rohatyn Group (“TRG”), a leading emerging markets asset management firm, today announced that it has opened a new office in Seoul, Korea, the firm’s 15
th office worldwide. The office will be dedicated to pursuing domestic private equity opportunities in Korea, which complement TRG’s existing investment capabilities in Asia, including private equity, real estate, infrastructure and fixed income.
TRG Partner, Chris Seaver, said, “Establishing a formal presence in Korea is the logical extension of our Asia private equity strategy. Korea is an appealing diversification alternative for investors whose private equity portfolios are heavily weighted towards the U.S. and Europe. Moreover, Korea’s sound and predictable regulatory environment, proven examples of successful exits, and active local LP base add to the attractiveness of the country.”
Gordon Cho, TRG Managing Director, will manage the office and head the firm’s local initiatives. Mr. Cho said, “Korean deal flow remains strong, driven by continued chaebol restructurings, secondary deals and companies looking for a broader set of financing options. We see Korean companies as strong candidates for expansion in Asia, a core area of expertise for TRG, given the high quality and popularity of Korean products.”
TRG investments in Korea currently include portfolio company BHC Company Ltd., and its subsidiaries Changgo43, Big Two Co., Ltd. and Bokang Enterprise, Ltd.
About TRG Founded in 2002, The Rohatyn Group is a leading emerging markets asset management firm headquartered in New York, with offices around the globe including, Singapore, Hong Kong, Seoul, London, Buenos Aires, Lima, Montevideo, Mexico City, São Paulo, Mumbai and New Delhi. For more information, please visit
www.rohatyngroup.com View source version on businesswire.com:
http://www.businesswire.com/news/home/20160920006796/en/ ContactsTRG:Sard Verbinnen & Co
Paul Caminiti/Chris Kittredge/Julie Rudnick, 212-687-8080
Source: The Rohatyn Group
--BERNAMA