TPG Korea

Lee to spearhead TPG’s return to Korea

The eldest son of Samsung chairman Lee Kun-hee’s former right-hand man Lee Hak-soo will help the private equity firm return to the fiercely competitive buyout market.

TPG said on Tuesday it had named Sanghoon Lee as a partner and head of South Korea as the US private equity firm plots its return to the active buyout market.

The former Samsung executive and Morgan Stanley private equity investor hasn’t officially started yet and will be based in Hong Kong. He will report to Tim Dattels the managing partner of TPG Capital Asia.

“We see Korea, in particular, as a country poised for growth with untapped opportunities across multiple industries,” said Dattels in a statement.

TPG has recently made tentative steps to return to Korea, from which it withdrew in 2007 after...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222