Apollo Opens Seoul Office and Names Jay Hyun Lee Head of Korea as Part of Continued APAC Expansion
Apollo (NYSE: APO) has expanded its Asia Pacific presence by opening a new office in Seoul and appointing Jay Hyun Lee as Partner and Head of Korea. Lee, bringing 25 years of financial services experience, will drive Apollo's capital formation strategy and institutional relationships in Korea. The firm has been operating in Asia Pacific for over 15 years, with offices across Tokyo, Sydney, Hong Kong, Mumbai, and Singapore since 2006. Additionally, Dr. Sam Young Chung from Yonsei University has been appointed as Academic Advisor to focus on retirement solutions and alternative assets.
Apollo (NYSE: APO) ha ampliato la sua presenza nella regione Asia-Pacifico aprendo un nuovo ufficio a Seoul e nominando Jay Hyun Lee come Partner e Responsabile per la Corea. Lee, che porta con sé 25 anni di esperienza nei servizi finanziari, guiderà la strategia di formazione del capitale e le relazioni istituzionali di Apollo in Corea. L'azienda opera nella regione Asia-Pacifico da oltre 15 anni, con uffici a Tokyo, Sydney, Hong Kong, Mumbai e Singapore dal 2006. Inoltre, il Dr. Sam Young Chung della Yonsei University è stato nominato Consulente Accademico per concentrarsi su soluzioni pensionistiche e investimenti alternativi.
Apollo (NYSE: APO) ha expandido su presencia en la región Asia-Pacífico al abrir una nueva oficina en Seúl y nombrar a Jay Hyun Lee como Socio y Jefe de Corea. Lee, que aporta 25 años de experiencia en servicios financieros, impulsará la estrategia de formación de capital y las relaciones institucionales de Apollo en Corea. La firma ha estado operando en la región Asia-Pacífico durante más de 15 años, con oficinas en Tokio, Sídney, Hong Kong, Mumbai y Singapur desde 2006. Además, el Dr. Sam Young Chung de la Universidad Yonsei ha sido nombrado Asesor Académico para centrarse en soluciones de jubilación y activos alternativos.
Apollo (NYSE: APO)는 서울에 새 사무소를 열고 Jay Hyun Lee를 파트너이자 한국 책임자로 임명하여 아시아 태평양 지역에서의 존재감을 확장했습니다. Lee는 금융 서비스 분야에서 25년의 경력을 가지고 있으며, 아폴로의 자본 형성 전략과 한국 내 기관 관계를 이끌게 됩니다. 이 회사는 2006년부터 도쿄, 시드니, 홍콩, 뭄바이, 싱가포르에 사무소를 두고 아시아 태평양에서 15년 이상 운영되고 있습니다. 또한 연세대학교의 Dr. Sam Young Chung이 은퇴 솔루션과 대체 자산에 중점을 두고 학문적 자문으로 임명되었습니다.
Apollo (NYSE: APO) a étendu sa présence dans la région Asie-Pacifique en ouvrant un nouveau bureau à Séoul et en nommant Jay Hyun Lee en tant que partenaire et responsable pour la Corée. Lee, fort de 25 ans d'expérience dans les services financiers, va piloter la stratégie de formation de capital et les relations institutionnelles d'Apollo en Corée. La société est présente dans la région Asie-Pacifique depuis plus de 15 ans, avec des bureaux à Tokyo, Sydney, Hong Kong, Mumbai et Singapour depuis 2006. De plus, le Dr Sam Young Chung de l'Université Yonsei a été nommé conseiller académique pour se concentrer sur les solutions de retraite et les actifs alternatifs.
Apollo (NYSE: APO) hat seine Präsenz im asiatisch-pazifischen Raum durch die Eröffnung eines neuen Büros in Seoul und die Ernennung von Jay Hyun Lee zum Partner und Leiter für Korea erweitert. Lee bringt 25 Jahre Erfahrung im Finanzdienstleistungsbereich mit und wird die Kapitalbildungstrategie und institutionelle Beziehungen von Apollo in Korea vorantreiben. Das Unternehmen ist seit über 15 Jahren im asiatisch-pazifischen Raum tätig, mit Büros in Tokio, Sydney, Hongkong, Mumbai und Singapur seit 2006. Darüber hinaus wurde Dr. Sam Young Chung von der Yonsei Universität zum akademischen Berater ernannt, um sich auf Altersvorsorgelösungen und alternative Anlagen zu konzentrieren.
- Strategic expansion into South Korea, a leading financial hub
- Appointment of experienced executive Jay Hyun Lee with 25 years in financial services
- Strengthening presence in APAC region with 6th regional office
- None.
Insights
The opening of Apollo's Seoul office represents a strategic expansion into South Korea's
Jay Hyun Lee's appointment brings valuable relationships with Korean institutional investors and deep expertise in M&A and corporate investments. His experience at Samsung Securities and Goldman Sachs suggests Apollo is serious about building a substantial presence in Korea's sophisticated financial markets.
This expansion aligns with Apollo's global strategy to grow its
Dr. Sam Young Chung to serve as Academic Advisor at Intersection of Retirement Solutions and Alternative Assets
NEW YORK, Nov. 17, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced it has opened an office in Seoul and that Jay Hyun Lee has joined the firm as a Partner and Head of Korea to help execute and build on its growth plans in the market.
Apollo has established a successful track record over more than 15 years in Asia Pacific, providing capital and retirement solutions to assist, support and partner with institutions across various geographies, including South Korea. The firm has grown its operational presence across Tokyo, Sydney, Hong Kong, Mumbai and Singapore since 2006.
As Head of Korea, Lee will help drive Apollo’s capital formation strategy, institutional relationships and team growth in the country. He brings 25 years of financial services experience to the role, having most recently served as Senior Executive Vice President for Samsung Securities where he led the integration and management of the firm’s M&A, securities underwriting and corporate investment functions.
“Korea is a leading financial hub where we see a tremendous opportunity to serve investors and retirees across the risk-return spectrum and meet businesses’ growing demand for flexible, creative capital solutions,” said Scott Kleinman, Co-President of Apollo Asset Management. “We are thrilled to welcome Jay Hyun as we continue to strengthen our presence across Asia Pacific and execute our global growth strategy.”
Apollo Partner and Head of Asia Pacific Matt Michelini added, “As we grow our franchise in Korea, we are excited to work alongside pensions, insurers and other institutions as a scaled provider of excess return. We expect our reach will extend across the region’s retirement ecosystem, where we also aim to deliver yield-oriented solutions to individuals and savers seeking duration-matched income products.”
“Apollo has an incredible platform delivering private capital and retirement solutions to clients globally and I am excited to lead their efforts on the ground in Korea. I look forward to working with Matt and the team across Asia Pacific and the globe to build upon the strong momentum in the region,” added Jay Hyun Lee, Apollo Partner and Head of Korea.
Prior to Samsung Securities, Lee served as Managing Director, Head of Korea in Private Equity and Growth Equity for Goldman Sachs. Previously, he held roles as Head of Korea Investment Banking for BNP Paribas, Executive Director of Investment Banking at Goldman Sachs and additional roles at J.P. Morgan, KPMG Korea and Korea Long Term Credit Bank. Lee received his DBA from Hong Kong Polytechnic University, his MBA from the University of Pennsylvania’s Wharton School of Business and his BA from Seoul National University.
In addition to Lee, the firm has appointed Dr. Sam Young Chung, Professor at Yonsei University and Head of AIF APAC, as an Academic Advisor in Asia Pacific to apply his academic expertise to the firm’s work at the intersection of retirement solutions and alternative assets.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2024, Apollo had approximately
Contacts
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
communications@apollo.com
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