U.S. Alternative Asset Manager Opens Office in Seoul
Orchard Global Asset Management, a U.S. alternative asset management company, announced on June 14 that Danny Jeon has joined the firm as executive director, head of client solutions—Korea and head of the firm’s newly opened liaison office in Seoul, South Korea.
Jeon will help further accelerate Orchard Global’s commitment to and investment in Asia, following the firm’s history and presence in Singapore for over a decade. He will work closely with Orchard’s globally based team to develop the firm’s profile among institutional investors in Korea. Jeon will report to Jason Tan, head of Asia Pacific in Singapore and David Burke, global head of distribution & investor relations in New York.
“Orchard has been committed to Asia since its inception, with an expanding investor base across Asia-Pacific. As we focus on growth in the region, we are confident that Danny will strengthen our existing client relationships and successfully help us build our investor base in Korea,” said Tan.
“Orchard Global is proud to strengthen its long-standing investment in Asia. We are excited to have Danny build our brand, deliver value for our clients, and serve existing and new relationships in Korea,” said Burke.
“The newly opened liaison office in Seoul reflects Orchard Global’s commitment to expanding its business in Korea and across Asia. I am very excited for the opportunity to strengthen the firm’s franchise in Korea by supporting all that Orchard offers to our clients in this market,” said Jeon.
Jeon brings more than 20 years of financial services experience in investment banking and asset management. He spent nearly a decade at Barclays Capital as an investment banker in Hong Kong and Seoul. Most recently, he was director for Korea institutional sales at MUFG Securities Asia. Jeon started his career at Citigroup and then Fidelity International. He holds a BS in economics from Korea University in Seoul.
Orchard Global, with assets under management of US$7.6 billion (as of March 31, 2022), is a global alternative asset manager in special opportunity lending, structured credit, and opportunistic public and private fixed-income investment strategies.