Private equity eyes opportunities in Korea

JPMorgan Partners Asia manages the $1.1 billion Asia Opportunity Fund, of which it has committed $520 million in direct equity investment since the fund's inception in 1999. Its most recent investment was in Korea where it acquired a 27.4% stake, and joint management control, of  Ceratech, a designer and manufacturer of high-end passive electronic components. Elton Cane talks to JPMorgan Partners Asia managing director Eugene Suh.