Moogwi Kim leaves Asia Alternatives
Moogwi Kim, an investment associate at fund-of-funds Asia Alternatives, has left the company. He plans to spend a year studying in France and Singapore before returning to the market in 2014.
Kim spent three years at Asia Alternatives in Hong Kong, taking responsibility for deal sourcing, due diligence, deal execution and portfolio management of GP investments and co-investments in Japan and South Korea. Prior to joining the fund-of-funds, he worked at Fidelity Investments in Japan.
News of Kim's departure comes days after Wilshire Private Markets appointed Alexa Zhang as managing director of its Hong Kong office. She was previously a director at Asia Alternatives, focusing on Greater China investments.
In August, Asia Alternatives announced it had raised $1.5 billion to invest in private equity and venture capital across Asia. Of the total corpus, $908 million will go into the Asia Alternatives Capital Partners III co-mingled vehicle, while another $600 million is for separate accounts.
It is the largest pool of capital ever raised by the Asia-focused fund-of-funds.
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