Affinity Equity Partners

Affinity Equity Partners
Private Ownership
Founded 2002 (2002)
Headquarters Hong Kong
Seoul, South Korea
Singapore
Sydney, Australia
Jakarta, Indonesia
Beijing, China
Products Private equity funds
Total assets $3.5 billion
Website www.affinityequity.com

Affinity Equity Partners is one of the largest dedicated Asian private equity firms and focuses on leveraged buyout and growth capital transactions.

Affinity operates as a Pan-Asian firm focusing on investment opportunities in Korea, Australia and New Zealand, Greater China and Southeast Asia.

The firm is led by Kok-Yew Tang (Founding Chairman and Managing Partner), Young-Taeg Park (Chairman and Managing Partner) and Chul-Joo Lee (Managing Partner). It has over 60 employees with offices in Hong Kong, Singapore, Seoul, South Korea, Sydney, Australia, Jakarta, Indonesia and Beijing, China.

History

Affinity, founded in 2002, was originally known as UBS Capital Asia Pacific to serve as the Asian private equity arm of UBS AG. UBS Capital Asia Pacific was spun out as an independent firm in March 2004. In 2004, Affinity raised its first independent private equity fund, Affinity Asia Pacific Fund II, with $700 million of investor commitments. In 2007, Affinity raised its next fund Affinity Asia Pacific Fund III with $2.8 billion of investor commitments, which was the largest private equity fund raised to that point in Asia.[1]

Among Affinity's investments are or have been the following:[2]

References

  1. ↑ Sibun, Jonathan "Former UBS team breaks Asia buyout record." Dow Jones Financial News, January 29, 2007
  2. ↑ Investment Track Record
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