Adams Street Partners Launches Seoul Office

Dec 6 2017 | 6:45pm ET

Global private markets manager Adams Street Partners has announced the formation of a new office in Seoul, South Korea, and the appointment of former Lazard Asset Management executive Chris Cho to lead it.  

Cho, who joins as the firm as a principal, will focus on the development of institutional client and consultant relationships within South Korea, the company said in a statement. The new office is the company’s tenth global location and will enable the firm to more effectively serve clients and access investment opportunities in the region.

“Adams Street Partners is excited to announce the opening of our office in Seoul and to welcome Chris to our firm,” said Jeff Diehl, Managing Partner at Adams Street. “It is critical for Adams Street to have a local presence so we can appropriately serve our South Korean investors and take advantage of private market investment opportunities in the region.” 

Cho joins from Lazard Asset Management, where he was a vice president within the sales & marketing Team and was responsible for managing the firm’s relationships with institutional public and private investors, mutual aid associations, and third party distributors in South Korea. Before joining Lazard, he held positions at Shinhan BNP Paribas Asset Management and Mirae Asset Global Investments. 

Adams Street has managed private market programs and customized solutions for leading institutional investors in Asia since 1997. The firm was founded in 1972 and manages more than $31 billion of assets across five strategies – primary and secondary private equity fund investments, co-investments, private credit investments, and direct venture/growth investments. 

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