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Private Equity

Adams Street Partners picks principal to lead new Seoul office

Chris Cho joined Adams Street Partners as a principal in Seoul to lead the Chicago-based private markets investment manager's newly opened client service and business development office there,

Mr. Cho comes from Lazard Asset Management's Seoul office, where he served as a vice president on the sales and marketing team.

A Lazard spokesman declined to comment on a replacement.

An Adam Street Partners news release regarding the opening of its 10th office globally said establishing a local presence was critical to appropriately serving the firm's South Korean clients, as well as providing a vantage point to "take advantage of private market opportunities in the region."

The Seoul office becomes Adams Street Partners' fourth in the Asia-Pacific region, following offices in Tokyo, Singapore and Beijing.