Lexington Partners Welcomes YS Yang as Senior Advisor to Strengthen Focus on Korea's Private Equity Sector
Strengthening Ties in Korea: YS Yang Joins Lexington Partners
Lexington Partners, a prominent name in the world of secondary private equity and co-investment funds, recently made headlines with the announcement of YS Yang's appointment as Senior Advisor. This move is aimed at further consolidating the company's influence in the burgeoning private equity market in Korea, reflecting the firm’s long-standing commitment to the region's financial growth.
With a wealth of experience, YS Yang brings a notable pedigree to his new role. Formerly the CEO of STIC Alternative in Korea, Yang has also held key positions at Korea's National Pension Service where he led alternative investments and investment strategy. His extensive network and deep understanding of the Korean market are expected to bolster Lexington’s relationships, paving the way for new opportunities in a sector that continues to expand.
Founded over three decades ago, Lexington Partners has established itself as one of the largest managers of secondary private equity globally, boasting over $82 billion in total assets. The firm opened its first Asian office in Hong Kong in 2010, marking a strategic move to tap into the growing interest in private equity investments in the region. Over the years, Lexinton has successfully raised significant capital from an array of institutional investors, including public pensions and sovereign wealth funds.
John Lee, a partner at Lexington, expressed his enthusiasm about Yang's appointment, stating, "We are excited to have YS join Lexington as a Senior Advisor, strengthening our relationships and network in Korea. He brings to his role significant experience and network from his time working for some of Korea's most distinguished institutions."
Yang's educational background further complements his professional credentials; he holds both Bachelor's and Master's degrees in Economics from Seoul National University, underlining his solid foundation in financial principles and strategies. His expertise will not only aid Lexington in navigating the complexities of the Korean financial landscape but also help in fostering partnerships that could lead to innovative investment solutions.
As the private equity landscape evolves, particularly in Asia, the addition of a seasoned advisor such as YS Yang could not have come at a more opportune time. The global investment community is increasingly looking towards Asia, and Korea, with its dynamic economy and sophisticated investor base, represents a significant opportunity for growth and collaboration.
Lexington Partners’ strategic commitment to enhancing its presence in Asia through such seasoned appointments underscores its dedication to understanding the nuances of local markets while connecting global investors with tailored opportunities. With YS Yang at the helm of its ambitions in Korea, Lexington is poised to navigate and excel in this vibrant market.