SK Securities said on the 21st that it held a meeting on the 20th to strengthen investment cooperation with Family Office Alliance (FOA), a global family office network centered on Northern Europe.
FOA is a nonprofit global family office alliance founded in 2019 that holds "a network and knowledge sharing based on trust" as its core value. More than 300 family offices around the world currently participate as members, and the assets they manage total about $1 trillion (about 1,428 trillion won).
The meeting was organized by the Global Business Division of SK Securities and held at SK Securities' headquarters. Key officials, including co-founder Claude Finckenberg, attended to discuss co-investment between Korea and Europe and cooperation in the family office network.
At the meeting, SK Securities and FOA exchanged views on ◇ the current status and outlook of Korea's financial market ◇ expansion of investment networks in Korea and the Asia region ◇ SK Securities' Global Business Division "Investment Thematics," among other topics. They also sought ways to build a co-investment platform and expand participation by domestic institutional investors.
Han Jeong-ho, head of the Global Business Division at SK Securities, said, "FOA is a unique network that brings together the world's leading family offices," adding, "This consultation will serve as a bridgehead for Korean investors to be directly connected to the European and global family office ecosystem."