HKW taps Rhim as VP

HKW has hired Joonhyung Rhim as a vice president on the firm’s transaction team. Prior to joining the middle-market private equity firm, Rhim was a director at Parallaxes Capital.


INDIANAPOLIS, October 18, 2019 – HKW, a middle-market private equity firm focused on growth-oriented companies, today announced the hiring of Joonhyung (Jay) Rhim as a Vice President on the firm’s Transaction team. Based in Indianapolis, Mr. Rhim will focus on the business services sector.

“We are excited to have Jay join the HKW team,” said Luke Phenicie, Lead Transaction Partner. “Jay’s experience advising on technology-focused mergers and acquisitions, along with his transaction and portfolio company private equity experience, will be a significant asset as we continue our focus on investing in growth-oriented technology companies.”

Mr. Rhim has deep and diverse experience in the investment industry. Prior to joining HKW, Mr. Rhim was a Director at Parallaxes Capital, an alternative asset manager, as well as a Private Equity Associate at Lone Star Funds / Hudson Advisors. He also served as an Investment Banking Analyst and Associate in the Technology Group at Credit Suisse. Mr. Rhim received a B.S. in Finance from the Kelley School of Business at Indiana University.

About HKW
HKW is a private equity firm investing in growth-oriented companies with talented management teams in the US and Canada. HKW targets small to mid-size companies in the Business Services and Health & Wellness sectors. Since 1982, HKW has sponsored 60 platform transactions of lower middle-market companies throughout North America, as well as 66 add-on acquisitions. For more information on HKW, please visit