Muzinich & Co, a company specializing in public and private debt investments, has established a branch in South Korea.
Muzinich & Co held a press conference on the 13th at the Conrad Hotel in Yeongdeungpo, Seoul, and noted that it opened its office in South Korea on the 1st to expand its global network.
Muzinich & Co, established in 1988 in New York, is a privately owned, institution-focused investment company that operates private debt fund businesses. It currently runs offices in 17 locations, including the United States, Europe, and Asia. The company manages approximately $35.8 billion in assets.
The South Korea branch of Muzinich & Co will be operated under the leadership of Jaepil Kim, the country head. Kim previously handled the Southeast Asian and South Korean markets at Macquarie Asset Management and also served as a capital raising and South Korea equity portfolio manager at TriBridge Investment. He joined the Muzinich & Co Singapore branch in 2019.
Muzinich & Co explained the background of establishing a branch in South Korea by noting that the country is a key market in the Asia-Pacific strategy, which is aimed at directly strengthening customer relationships and providing differentiated financial services locally. The firm plans to work more closely with South Korean institutional investors and financial partners, providing tailored solutions across public and private debt investment strategies.
Jaepil Kim said, "As the global interest rate environment changes, the demand for public and private debt investments from institutional investors and high-net-worth individuals is increasing, and therefore, it will be possible to meet this demand more effectively through a local office."