Affinity Equity Partners

Affinity Equity Partners

Type	Private Ownership
Industry	Private Equity
Founded	2002
Headquarters	Hong Kong Seoul, South Korea Singapore Sydney, Australia Jakarta, Indonesia Beijing, China
Products	Private equity funds
Total assets	$3.5 billion
Website	www.affinityequity.com

Affinity Equity Partners is one of the largest dedicated Asian private equity firms and focuses on leveraged buyout and growth capital transactions.

Affinity operates as a Pan-Asian firm focusing on investment opportunities in Korea, Australia and New Zealand, Greater China and Southeast Asia.

The firm is led by Kok-Yew Tang (Chairman and Managing Partner) and Young-Taeg Park (Managing Partner). It has over 50 employees with offices in Hong Kong, Singapore, Seoul, South Korea, Sydney, Australia, Jakarta, Indonesia and Beijing, China.

History

Affinity, founded in 2002, was originally known as UBS Capital Asia Pacific to serve as the Asian private equity arm of UBS AG. UBS Capital Asia Pacific was spun out as an independent firm in March 2004. In 2004, Affinity raised its first independent private equity fund, Affinity Asia Pacific Fund II, with $700 million of investor commitments. In 2007, Affinity raised its next fund Affinity Asia Pacific Fund III with $2.8 billion of investor commitments, which was the largest private equity fund raised to that point in Asia.^[1]

Among Affinity's investments are or have been the following:^[2]

• Beijing Leader Harvest (China)
• Bojie Oriental Media (China)
• Colorado Group Limited (Australia)
• Eastern Pacific Circuits (Hong Kong)
• The Face Shop (Korea)
• First Engineering (Singapore)
• Haitai Confectionery (Korea)
• Hi-Mart (Korea)
• Inter office (Japan)
• IPAC Securities (Australia)
• Jaya (Singapore)
• Korea Digital Satellite Broadcasting (Korea)
• Kyobo Life Insurance Company (Korea)
• LOEN Entertainment (Korea)
• Loscam (Australia)
• Mando Corporation (Korea)
• MK Electron (Korea)
• NS Electronics Bangkok (Thailand)
• Oriental Brewery (Korea)
• Primo Smallgoods (Australia)
• PT Mitra Pinasthika Mustika (MPM) (Indonesia)
• Pulmuone Foods (Korea)
• RT Holdings (Hong Kong)
• SDL Leasing (Singapore)
• TEG (Australia)
• Tegel Foods (New Zealand)
• United Test and Assembly Center (Singapore)
• Velocity Frequent Flyer (Australia)
• WiniaMando (Korea)

External links

• Affinity Equity Partners (company website)

References

Private equity and venture capital investment firms
Investment strategy	Venture Growth Mezzanine Secondaries Leveraged buyout
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Investors	Angel investor Corporate venture capital Commercial bank Crowdfunding Institutional investor Insurance company Investment bank Endowment Family office Fund of funds High-net-worth individual Merchant bank Pension fund Sovereign wealth fund
Private equity firms Venture capital firms Portfolio companies

Merchant banking private equity groups (current and prior)
ABN Amro AAC Capital Partners Bank of America Ridgemont Equity Partners Merrill Lynch Global Private Equity Barclays Capital Barclays Private Equity Barings Bank Baring Vostok Capital Partners GP Investments Bear Stearns Irving Place Capital (fka BSMB) CIBC World Markets Trimaran Capital Partners Citigroup Metalmark Capital Court Square Capital Partners CVC Capital Partners Credit Suisse DLJ Merchant Banking Avista Capital Partners Diamond Castle Holdings Deutsche Bank MidOcean Partners First Chicago Bank (defunct) Madison Dearborn Partners GTCR Goldman Sachs Goldman Sachs Capital Partners JPMorgan Chase CCMP Capital (fka JPMorgan Partners) One Equity Partners Lazard Lazard Alternative Investments Lehman Brothers (defunct) Trilantic Capital Partners Morgan Stanley Metalmark Capital Morgan Stanley Capital Partners Nomura Terra Firma Capital Partners UBS UBS Capital Affinity Equity Partners Capvis Lightyear Capital Wells Fargo Norwest Venture Partners Pamlico Capital William Blair & Company Chicago Growth Partners William Blair Capital Partners
List of investment banking private equity groups