Evercore‘s private funds group has added Yong Seok Lee to its Hong Kong team. Previously, Lee worked at Campbell Lutyens where he was a founding member of their Hong Kong office.
NEW YORK, Dec. 17, 2015 /PRNewswire/ –Evercore (NYSE: EVR) announced today that its Private Funds Group has made a new hire in its Hong Kong office, further expanding the team’s presence in the Asia Pacific region.
Mr. Yong Seok (Andy) Lee joins Evercore’s Private Funds Group, where he will cover limited partners and general partners in the Asia Pacific region, with a primary focus on Korea. This new addition further strengthens the team’s distribution capability in Asia, building on its established global distribution footprint.
Ian Bell, Head of Evercore’s Private Funds Group – Asia Pacific, said, “We are absolutely thrilled to be adding a coverage banker of Andy’s caliber to the team. His knowledge of the private markets space, coupled with his deep institutional relationships in Korea, puts us in a stronger position to provide the highest quality service to both LPs and GPs in the extremely important Korean market.”
Mr. Lee joins the firm from UK based placement agent Campbell Lutyens, where he was a founding member of their Hong Kong office. He spent five years at Campbell Lutyens Asia Pacific, where he was responsible for coverage of the Korean market, on private equity, private debt and infrastructure investments. Mr. Lee has over 15 years of experience in financial markets, working across Seoul, Hong Kong and New York. Prior to commencing his career in finance, Mr. Lee was a Strategic Advisor to the United Nations Permanent Mission of the Republic of Korea, based in New York City. Mr. Lee graduated from New York University with a Master’s Degree in Public Finance.
Richard Anthony, Global Head of Evercore’s Private Funds Group, said, “Korean LPs are shifting towards global alternative investments at a rapid pace, and at the same time, they are demanding access to more high quality investment opportunities across private equity, real assets, and credit. Andy joining the team ensures we are well resourced to assist Korean investors in reaching their desired investment outcomes.”
Andy Lee added, “Evercore’s Private Funds Group has built a unique and truly world class platform in the placement business. I’m extremely excited to be working alongside the consistent top performing GPs that Evercore advises, and look forward to working further with Korean clients as they continue to build out their private markets portfolios.”
Evercore is a leading independent investment banking advisory firm. Evercore’s Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. Evercore’s Investment Management business comprises wealth management, institutional asset management and private equity investing. Evercore serves a diverse set of clients around the world from 28 offices in North America, Europe, South America and Asia. More information about Evercore can be found on the Company’s website at www.evercore.com.