New York Hedge Fund Firm SkyBridge Lands in Seoul, South Korea
A 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
