CHICAGO, December 4, 2017 – Adams Street Partners (“Adams Street”), a leading private markets investment firm with more than $31 billion in assets under management, has established an office in Seoul, South Korea.
The new office will enable the firm to more effectively serve clients and access investment opportunities in the region. Mr. Chris Cho, who joins the firm as a Principal, will lead the office and will focus on the development of institutional client and consultant relationships within South Korea as the firm expands its efforts there.
“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. We are thrilled to welcome Chris, and are confident that he will help us provide outstanding service to all of Adams Street’s institutional investors in the region.”
Mr. 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, Mr. Cho held positions at Shinhan BNP Paribas Asset Management and Mirae Asset Global Investments. He received a BS degree from University College London.
“This expansion allows us to remain steadfastly focused on the needs of our increasingly global client base,” added Kevin O’Donnell, Partner and Global Head of Investor Relations at Adams Street. “Chris is a strong addition to our team, and we have no doubt he will make significant and immediate contributions to our investors in South Korea.”
Adams Street has managed private market programs and customized solutions for leading institutional investors in Asia since 1997. The opening of the Seoul location – the firm’s tenth global office – underscores the long-term commitment Adams Street is making to the region.
Adams Street Partners is one of the largest and most established private markets investment management firms in the world. Adams Street commenced its investment program in 1972, and today manages $32 billion of assets across five strategies – primary and secondary private fund investments, co-investments, private credit investments, and direct venture/growth investments. Adams Street employs 170+ people in Chicago, Beijing, Boston, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo.
This press release is for informational purposes only and should not be construed as investment advice or an offer, or solicitation of an offer, to buy or sell securities either generally or in any jurisdiction where the offer or sale is not permitted. This press release contains certain statements that may include “forward-looking statements” within the meaning of the federal securities laws. All statements, other than statements of historical fact, included herein are “forward-looking statements.” The forward-looking statements are based on Adams Street Partners’ beliefs, assumptions and expectations of future performance, taking into account all information currently available to Adams Street Partners, and can change as a result of many possible events or factors, not all of which are known to Adams Street Partners or are within its control.
Dukas Linden Public Relations
Work: 212-704-7385 x6531