Baar-Zug, 16 November 2010
Partners Group, the global private markets investment manager, announces the opening of its office in Seoul, Korea. Partners Group is one of the most active private equity investors in the Asia Pacific region and the growing number of client relationships in the region has further been supported by two mandates from the sovereign wealth fund Korea Investment Corporation (KIC).
The establishment of an office in Seoul enables Partners Group to more directly target and invest in companies in Korea and further demonstrates Partners Group's strong commitment to the Asia Pacific region where the company is already present in five countries with over 100 professionals.
By its local presence, Partners Group will seek to identify additional attractive investment opportunities for its clients relying on an experienced multidisciplinary team with a global perspective. Given the positive macroeconomic indicators, valuations of corporations and assets should be attractive in the long term, especially considering that private markets valuations are currently significantly lower than public markets valuations in Asia.
Regional investors recognize the advantages an independent and integrated global investment manager can provide and profit from direct access to global investment opportunities in a broad range of private market strategies.
Dr. Marcel Erni, co-founder of Partners Group and Chief Investment Officer, comments, "Korea shows a strong economic performance and is among the economies leading the recovery from the economic turmoil. We want to be close to the attractive investment opportunities in this growth market. The opening of our presence in Korea reflects our integrated global approach and the market potential we identified in the region."
The Korea representative office can be contacted as follows:
#3026 Floor ASEM Tower
Tel. +82 2 6001 2913
Fax. +82 2 6001 3186