Lee joins from Affinity Equity Partners where he was Managing Director leading the firm’s investment effort in Korea. He has led a number of successful investments in Asia including TheFaceShop transaction in Korea. He was previously at Government of Singapore Investment Corporation (GIC) in charge of its private equity investments in Korea. Before that, Lee was a management consultant at McKinsey & Company in Seoul. Mr. Lee, a native of Korea, was a graduate of Seoul National University and Harvard Business School. He was also a research student at the University of Tokyo.
X.D. Yang, Managing Director and Co-Head of Carlyle Asia Partners, said: 'This key hire reflects our strong commitment to invest in Korea. We are very pleased that Mr. Lee has joined our team to lead and expand our investment activities in Korea. Carlyle was one of the earliest private equity investors in Korea and has more than a decade of investment presence in Korea. We look forward to extending this long track record in Korea'.
Carlyle Asia Partners manages three pan-Asia funds and one RMB fund and has a history of 13 years of investing in Asia. CAP makes control and significant minority investments in well established companies across the Asia ex-Japan region. Carlyle has made a number of investments in Korea, including KorAm Bank and Hyundai Communications and Network.
Have something to tell us about this article?