Global alternative asset firm TPG has named Sanghoon Lee as a Partner.
Lee will be responsible for leading TPG Capital Asia’s investment activities in South Korea, further expanding the firm’s presence in the Asia-Pacific region.
A native of South Korea, He brings to TPG more than 15 years of investment and banking experience in the Korea market, having most recently served as Managing Director and Head of Korea for Morgan Stanley Private Equity. Lee joined Morgan Stanley in 2010 and oversaw the group’s private equity transactions in South Korea.
Prior to joining Morgan Stanley, Lee was with Merrill Lynch, where he led the company’s M&A and Capital Market transactions in South Korea.
Founded in 1992, TPG is a global private investment firm with over $70 billion of assets under management and offices in Austin, Beijing, Dallas, Fort Worth, Hong Kong, Houston, Istanbul, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, São Paulo, Singapore, and Tokyo.
In 1994, the firm made its first investment in Asia and opened its first office to lead private equity investments in the region. Since that time, TPG has invested $8.1 billion in 69 investments across 12 countries through varied local and regional economic cycles.
Investments in South Korea include Korea First Bank and Hanaro Telecom.