The 7th Annual AVCJ Korea Forum successfully took place in Seoul on 26 September. The event brought together over 300 private equity professionals including over 140 LPs representing 190 different organizations from 13 countries.
The conference, which focused on the most attractive opportunities from private equity to private credit and venture capital in Korea and across the globe was kicked off with an opening panel on seeking alpha in private markets in 2019 and beyond and featured leading executives from CVC Capital Partners, PAG, Lexington Partners, Bain Capital, Affirma Capital, Korea Investment Corporation and CPPIB.
Our expert speakers covered a range of well-researched topics including macro events and alternative investments, the flourishing deal market in Korea, global venture opportunities and LPs’ strategies on alternatives.
The premier private equity & venture forum in Korea
A snapshot of LPs who attended the event in the past:
Aberdeen Korea Co., Ltd.
Aberdeen Standard Investments
Adams Street Partners
Axiom Asia Private Capital Pte Ltd
Construction Workers Mutual Aid Association
Dongbu Insurance Co. Ltd
East India Capital Management
Export Import Bank of Korea
Government Employees Pension Service
HarbourVest Partners Korea Ltd
Hyundai Marine & Fire Insurance
Korea Development Bank
Korea Fire Officials Credit Union
Korea Growth Investment Corp.
Korea Investment Corporation
Korea Post Insurance
Korea Venture Investment Corporation
Korean Teachers' Credit Union
LGT Capital Partners
Military Mutual Aid Association
Ministry of Employment and Labor
Mirae Asset Global Investments
Pavilion Capital International Pte. Ltd.
Peninsula House, LLC
Portfolio Advisors (HK) Ltd
Public Officials Benefit Association
Samsung Asset Management
Sumitomo Mitsui Trust Investment Co., Ltd.
The Korean Teachers’ Credit Union
Tokyo University of Science
Top Tier Capital Partners
... and many others!
CERTIFIED BY THE CPD CERTIFICATION SERVICE
AVCJ Korea Forum is now a CPD certified event
6.5 CPD points can be claimed after attending the Forum
Samjong KPMG provides Audit, Tax and Advisory services. We work closely with our clients, helping them to mitigate risks and grasp opportunities.
KPMG Global Network KPMG is a global network of professional firms providing audit, tax and advisory services. We have more than 207,000 (over 3,400 in Samjong KPMG) outstanding professionals working together to deliver value in 153 countries worldwide.
History of Samjong KPMG Samjong KPMG has realized a substantial growth over the years and been named a trusted service provider by its clients with clear understanding of the clients’ issues and providing the services addressing such issues.
World-class Services: The Clear Choice As the Korean member firm of KPMG International, Samjong KPMG declared The Clear Choice as our Vision 2020. Samjong KPMG provides one-stop services throughout the field of audit, tax, deal advisory and consulting services with its expertise and experiences in various industries.
Corporate Transparency With a strong belief on our principle—the wellness of a firm is determined by the transparency of its management—Samjong KPMG has been transparent with its business performance. For our clients, Samjong KPMG is committing constant efforts to enhance its corporate value by continuing to develop as a ‘Clean Firm’.
Founded in 1972, Adams Street Partners is a global private markets investment manager, operating in more than thirty countries across five continents. Adams Street prides itself on the depth and breadth of its global investment capabilities, and its longstanding reputation as an innovator within the private markets space. Adams Street is consistently recognized for its steadfast commitment to providing clients with high-quality investment opportunities, and its deep understanding of the broader private markets industry.
With 190+ staff in ten offices located in Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, and Tokyo, Adams Street’s deep industry experience and global outlook provides clients with customized access to the spectrum of private markets strategies. Adams Street is 100% employee-owned and independent, and manages $37 billion in assets for more than 400 institutional investors, including corporate and public pensions, foundations, family offices, and endowments.
Affirma Capital is the newly formed, independent emerging market private equity firm owned and operated by the long-standing senior leadership of Standard Chartered Private Equity. We manage over US$3.5 billion in assets for leading global limited partners and sovereign wealth funds.
Affirma Capital helps build and nurture national and regional champions by investing in companies backed by strong management teams and founders. Throughout the management teams 17 year history of investing in emerging markets, we have deployed over US$5.5 billion in 90+ companies across Asia, Africa and the Middle East and have returned over US$5 billion in cash proceeds to our investors at highly attractive rates of return. Our senior leadership spent over 10 years working together at Standard Chartered Private Equity prior to founding Affirma Capital.
Our investment philosophy, focused on selective origination, disciplined deal structuring and intensive portfolio management, has helped us build a superior track record with realized returns at a significant premium to the MSCI Emerging markets index.
Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with over $105 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
CVC Capital Partners is one of the world’s leading private equity and investment advisory firms. Founded in 1981, CVC has completed over 300 investments in a wide range of industries and countries across the globe. Since establishment in 1999, CVC Asia has raised 4 dedicated Asia funds with total commitment of over US$10 billion. As of 30 April 2019, CVC Asia has completed over 60 investments in the region.
Recent Asian investments include:
MAP Active: the #1 retailer and distributor for sport-related and children-related products in Indonesia with more than 900 stores nationwide
Arteria: the largest independent enterprise broadband network operators in Japan with well invested nationwide fiber network
HITOWA: leading provider of senior homes and nurseries in Greater Tokyo, and national franchise cleaning service business
Nirvana: the largest pan-Asian integrated bereavement services provider, with operations across Southeast Asia
PRASAC: Cambodia’s largest deposit-taking microfinance institution
EIC: China’s no.1 overseas educational counseling service provider
As of 30 April 2019, CVC Asia consists of 50 investment professionals across 9 offices in the region.
Founded in 2010, Hahn & Co. is a private equity investment firm focused on making corporate acquisitions and investments in Korea across a wide range of industries. Based in Seoul, Hahn & Co. primarily acquires controlling positions in companies with a focus on situations in which it believes value can be derived by bringing to bear the firm’s expertise and experience as owners and operators of businesses. Hahn & Co. manages the largest Korea country fund to date and is one of the largest and most active private equity investment groups operating in North Asia. Companies controlled by Hahn & Co. currently generate combined revenues of over US$9 billion with approximately 23,000 employees in over 20 countries.
Lexington Partners is a leading global alternative investment manager primarily involved in providing liquidity to owners of private equity and other alternative investments and in making co-investments alongside leading private equity sponsors. Lexington Partners is the largest independent manager of secondary acquisition and co-investment funds with more than $38 billion in committed capital. Lexington has acquired over 3,000 secondary and co-investment interests through over 800 transactions with a total value in excess of $47 billion, including $12 billion of syndications. Lexington also invests in private investment funds during their initial formation and has committed to more than 390 new funds in the U.S., Europe, Latin America, and the Asia-Pacific region. Lexington has offices strategically located in major centers for private equity and alternative investing ‐ New York, Boston, Menlo Park, London, Hong Kong, and Santiago. Lexington also has senior advisors located in Asia, Australia, and the United States.
Strategic Year Holdings Limited (“Strategic Year”) is a private investment holding company. The Founder of Strategic Year has 20 years of private equity investment experience in the Asia Pacific region. We adopt a value-oriented investment approach, utilizing our extensive local networks to originate and execute proprietary investment opportunities. We also spend tremendous efforts adding value to our investees.
Over the past 20 years, we have accumulated significant investment experience in the following sectors: education and professional services consumer, TMT, environmental products/services, natural resources/mining, advanced manufacturing, automotive, healthcare, retail, logistics, energy and alternative energy, and financial services.
We have always been a value-added investor. The areas of value-add that we have been providing to our portfolio companies include: business development, bolt on acquisitions or divestitures, board membership, strategic review, sales and marketing initiatives, human resource matters, subsequent fund raising, capital market access etc.
Our strategy is to leverage our local networks to originate and execute proprietary, value-oriented investment opportunities, maximizing value for our portfolio companies and their various stakeholders. We believe this proactive and value-oriented approach will benefit our investors and ourselves through time.
Top Tier Capital Partners is a San Francisco-based registered investment adviser building customized venture capital portfolios. With over $6.8 billion in regulatory assets under management (as of December 31, 2018), Top Tier offers funds and customized solutions by investing in primary and secondary investments in venture capital and growth equity funds and co-investments in select portfolio companies.
Top Tier’s value-add lies in the experience, deep networks, industry insights, and superior client service accumulated over two decades in Silicon Valley. When selecting managers, Top Tier uses both quantitative and qualitative data, including their proprietary database (The Mine), which holds extensive data regarding market dynamics for potential exits. Using this balanced approach to due diligence and access, the team seeks to create diverse portfolios that are built to spot emerging trends early and to deliver optimal venture returns.