BlackRock picks leader for alternative investment strategy group for North Asia

Jeong Hoon Lee joined BlackRock (BLK)'s Seoul office as a director and head of the firm's alternative investment strategy group for North Asia, confirmed a spokeswoman for the company.

The position is new.

Mr. Lee will report to Joseph Pacini, who joined BlackRock in March 2012 as head of the firm's alternative investment strategy group for Asia-Pacific.

According to a news release, Mr. Lee comes to BlackRock from Fortress Investment Group, where he served as the head of the alternative manager's business in Seoul.

Calls to Fortress' offices in Asia were directed to the firm's New York-based spokesman, Gordon Runte, who wasn't immediately available for comment.