New York Hedge Fund Firm SkyBridge Lands in Seoul, South KoreaA New York City-based hedge fund firm with approximately $13 billion in assets under management SkyBridge Capital, announced it has opened an office in Seoul, South Korea.
Michelle Cha, who has more than 10 years of industry experience including roles in sales, marketing, global investment and research from various financial institutions, has joined as a vice president and will lead the firm's Asia regional marketing effort.
SkyBridge Capital's alternative investment offerings include multi-strategy, commingled funds of hedge funds products, customized separate account portfolios and hedge fund advisory services. Due to increasing demand for these types of investment offerings throughout Asia, SkyBridge has been incrementally increasing its presence in the region over the past three years.
"We are excited to further establish and expand SkyBridge's presence in South Korea," said Ray Nolte, co-managing partner and chief investment officer at SkyBridge Capital. "Over the past three years, I and other senior members of our investment and marketing teams have spent a lot of time in the region, forging partnerships and familiarizing ourselves with the investment landscape. Michelle's role will be invaluable as we continue this effort."
The SkyBridge Capital (Korea) office is located in the heart of Seoul's financial center, at Two IFC Building in Yeoido. The firm also actively markets its products in Japan through a strategic partnership with a locally licensed broker-dealer and placement agent.Source: PR Newswire