Our Philosophy Our Mission
1. Optimize risk-adjusted returns for our Limited Partners
2. Strategically support our portfolio companies for sustainable growth
3. Enhance investment productivity through innovative value creation
4. Attract top-notch investment talent equipped with seamless teamwork and professional expertise
5. Pursue “Win-Win” deals for all constituents involved
6. Undertake social responsibility for our community Our Values
Integrity Creativity
Trust Respect
Teamwork Candor
Passion Social responsibility Our Approach
• Long-term health and sustainable growth
• Strategic transformation
• Value creation through innovation in operations and governance
• Partnership with portfolio management team by aligning incentives
• Collaboration with industry experts including our senior advisory board
• Share rewards Investment Focus Our Investors
• We manage private equity investments on behalf of sophisticated institutional investors and financial institutions in Korea.
• Our limited partner base consists of leading banks, securities companies, public and private pension funds, and sovereign wealth funds.
• Many limited partners have institutional working experience with the members of SJL Partners for over 30 years. Investment Standards
Integrity Optimal governance and highest business ethics
Sustainable growth business model backed by leading Sustainability market position and competitive edge
Upkeep of growth drivers based on reinforcing Growth competitiveness via globalization and innovation
Continuous value creation via management efficiency, Value Creation productivity improvement, and innovation
Exit Viable exit strategy backed by executable action plan and on-going performance monitoring Investment Structure
I Strategic partnership with a market Partnership Investments leading player I Governance enhancement, technology procurement and strengthening market position via overseas expansion
Buyout & Joint Controls I Joint control or buyout of corporates with strong growth potential I Return maximization through value creation and incentive alignment Work Process
Sale to a third party or joint-investor IPO EXIT
Value creation program POST DEAL Investor reporting and communication MANAGEMENT
Due diligence and negotiations EXECUTION PEF structuring and LP invitation & FUNDING
Identification of investment opportunity ORIGINATION Feasibility analysis & EVALUATION Our Team Organization Structure
Organization Function Member composition
l Top decision making committee for investments l 4 Investment Committee l Comprised of SJL Senior Executives l Pursuit of unanimous decisions
l Senior advisory for management in general, l 5 Advisory Group investments, value creation and exit l Comprised of industry experts and executives l Full-time or project-based
l Decision making committee on HR matters l 3 HR Committee l Recruiting, promotion, compensation and termination
IR Team l Regular and on-demand updates and LP support l 1
l GP operations l 2 Administration l Accounting, legal & compliance and general administration Our Team
Steve Suk Jung Lim Thomas J. Kichler Allen Han Chairman & Managing Partner Operating Partner Senior Advisor
Woosung Jung Sungjae Lee Anna Kyuhee Kim Managing Director Managing Director CFO & COO
JP Park Kyumin Kang Wesley Kang Executive Director Associate Analyst
Eun-su Park Sydney Ahn Hana Kim Analyst Senior Administrator Administrator
Tai Kun Chung Administrator OUR TEAM
Steve Suk Jung Lim Chairman & Managing Partner
Experience Steve leads and oversees key efforts including deal origination, investment and fundraising. He chairs the Investment Committee and Senior Advisory Board of SJL Partners. He has over 35 years of combined experience in private equity investments and investment banking.
Prior to founding SJL Partners, he led CVC Capital Partners in Korea as Chairman and Partner, a member of the Asia Investment Committee, Asia Executive Committee and Asia Board, and actively evaluated and oversaw investment opportunities in Korea and the Asia Pacific region. Before CVC, as the longest-run country chief executive officer of Korea, he successfully built J.P. Morgan’s Korea investment banking franchise into the market leader across all sectors and products with over $56 billion of successfully closed M&A transactions, $92 billion of debt issuances, and $36 billion of equity and equity-linked offerings for over 20 years. Prior to J.P. Morgan, he worked at Salomon Brothers in New York, Tokyo and Seoul, where he originated and executed numerous M&A and capital markets transactions. He also worked at Kidder Peabody & Co in New York and Proctor & Gamble Company in Cincinnati, Ohio.
Education Steve holds an Executive MBA (APC) from New York University and an MBA from George Washington University. He received his BA in Economics from Korea University. OUR TEAM
Thomas J. Kichler Operating Partner
Experience Tom is an Operating Partner at SJL Partners. He currently also serves as Senior Advisor at CVC Capital Partners, and he was previously a Partner and US Head of Industrials and Energy at CVC. Prior to joining CVC, he served as a Managing Director and Partner at One Equity Partners LLC for 14 years. Prior to his work as an investor in private equity, he spent 19 years in investment banking. He was a Managing Director at Citi and its predecessor Salomon Brothers. He also worked at Wasserstein Perella and at Ernst & Young. In total, he advised on over 100 completed mergers and acquisition transactions with an aggregate transaction value exceeding $50 billion, mostly in the industrial and consumer industry groups. Tom led, co-led or directed 21 investments with equity invested in excess of $4 billion. He currently serves as Chairman at Anchor Glass Container Corporation since 2016, and as a director at Momentive Performance Materials since 2019. He previously served as Chairman or director on a number of private and public companies including Progress Rail Services (now Caterpillar), LBC Tank Terminals, Columbian Chemicals (now Birla Carbon), PeroxyChem (now Evonik), Sonneborn Refined Products (now Holly Frontier), East Balt Bakeries (now Grupo Bimbo), Patil Rail Services Ltd., Western Hospitals (now Apollo Hospitals), Expert Global Solutions (now Alorica) and Polarcus Ltd. He has over 18 years of experience in the private equity industry and a proven track record in numerous transactions across the industrials and energy sector. He is a Certified Public Accountant.
Education Tom received a B.S.E. in Banking, Finance, Securities Law and Corporate from the Wharton School at the University of Pennsylvania. OUR TEAM
Allen Han Senior Advisor
Experience Allen, as senior operational advisor, assesses strategic operational value creation opportunities for SJL’s investments. Allen has over 30 years of experience in private equity investments, manufacturing industries and consulting.
Prior to advising SJL Partners, Allen was partner and Head of Asia Operations Team at CVC Capital Partners, supporting all of CVC’s industrial investments in Asia during his tenure. Before CVC, he was vice president and general manager at Honeywell’s Global Sensing business and Security Group’s business in Asia Pacific. Prior to Honeywell, Allen worked at General Electric Company where he held various senior positions. He also worked at Booz Allen & Hamilton.
Education Allen holds an MBA from the University of Chicago. He received a BS from National Taiwan University. OUR TEAM
Woosung Jung Managing Director
Experience Woosung is based in Seoul and is responsible for the origination and execution of investments. He has over 22 years of experience in investment banking and management consulting.
Prior to joining SJL Partners, Woosung was a Director at Credit Suisse’s Investment Banking division in Seoul. Prior to Credit Suisse, he was an Executive Director at J.P. Morgan’s Asia Energy Investment Banking team in Hong Kong, focusing on M&A and capital markets transactions for clients in the Asia energy sector. He also previously worked as a management consultant at Oliver Wyman, leading various corporate restructuring and growth strategy projects.
Education Woosung holds an MBA from Kellogg School of Management at Northwestern University. He received his BBA from Yonsei University. OUR TEAM
Sungjae Lee Managing Director
Experience Sungjae is responsible for deal origination and execution at SJL Partners. He has 17 years of experience in SWF investments and investment banking.
Prior to joining SJL he was VP of Business Development at Fullerton Financial Holdings, a subsidiary of Temasek focused on strategic investments in financial institutions in Asia. Before Fullerton, Sungjae spent 11 years at JPMorgan investment banking specializing in M&A for industry and coverage teams in Singapore, Hong Kong and Seoul.
Education Sungjae received an MBA (High Honors) from the University of Chicago Booth School of Business and a BA in Political Science from Johns Hopkins University. OUR TEAM
Anna Kyuhee Kim CFO & COO
Experience Anna is based in Seoul, and is SJL Partners’ Chief Financial and Operating Officer, also responsible for LP relations.
Prior to joining SJL Partners, Anna was the Chief Financial and Administrative Officer at J.P. Morgan Investment Advisors Korea. She also served as a business manager exploring new business areas and developing new strategies, and as Chief Financial Officer of J.P. Morgan Asset Management Korea. Prior to J.P. Morgan, she worked as a Certified Public Accountant at PricewaterhouseCoopers in Seoul and in Boston.
Education Anna received a BA in English Language and Literature from Ewha Womans University. OUR TEAM
JP Park Executive Director
Experience JP is based in Seoul and is primarily responsible for leading the execution of investments.
Prior to joining SJL Partners, JP was a vice president in J.P. Morgan’s investment banking coverage team in Seoul, supporting the origination and leading the execution of M&A and capital markets transactions mainly for corporate and sponsor clients based in Korea. He also previously worked at Anchor Equity Partners, where he evaluated investment opportunities in Korea and the Asia- Pacific region.
Education JP holds a BSc in Management from the London School of Economics and Political Science. OUR TEAM
Kyumin Kang Associate
Experience Prior to joining SJL Partners, Kyumin worked in the Leveraged Finance Group at BNP Paribas based in New York, supporting the structuring and syndication of leveraged loans and high-yield bonds for corporate and sponsor clients.
Education Kyumin holds a Bachelor of Science in Policy Analysis & Management from Cornell University. OUR TEAM
Wesley Kang Analyst
Experience Prior to joining SJL Partners, Wesley worked in the Global Healthcare Group at UBS Investment Bank based in New York, providing financial advisory services to corporate and sponsor clients seeking mergers and acquisitions, and financing opportunities.
Education Wesley holds a Bachelor of Science in Business (Concentration in Finance and Economics) from NYU Stern School of Business. OUR TEAM
Eun-su Park Analyst
Experience Eun-su is an analyst at SJL Partners. Prior to joining SJL, Eun-su worked as a private equity intern at Paratus Investment.
Education Eun-su received his BBA from Korea University. Relevant Credentials Relevant Credentials 2018 & 2019
Investment into Momentive Investment into Celltrion Holdings Performance Materials KRW 200 bn USD 3.1 bn EV
Investment into Vigevano Corporation KRW 105 bn Relevant Credentials 2017
Acquisition of LS Automotive Sale of Minera and Copper Foil/FCCL business Panama S.A. of LS Mtron USD 635 mn KRW 1,050 bn
Sale of Kideco Sale of Kyungnam Energy USD 517 mn Undisclosed
Sale of 5.8% Equity Stake in IPO on Malaysia Stock Daewoo E&C Exchange KRW 178 bn USD 919 mn Relevant Credentials 2016
KB Financial Minority Stake Acquisition of Group’s take-private of Hyundai Capital Hyundai Securities Over KRW700 bn USD 1.0 bn
Dual-listed IPO on IPO on Korea Exchange New York Stock Exchange USD 2.0 bn and Tokyo Stock Exchange USD 1.1 bn
IPO on New York Stock IPO on Korea Exchange Exchange USD 790 mn USD 378 mn
Accelerated Placement of Dual-tranche 144A/Reg S Korea Aerospace Industries Senior Unsecured Offering USD 235 mn USD 1.0 bn Relevant Credentials 2015
Investment into Sale of Taihan Electric POSCO Engineering & Construction Wire USD 1.1 bn USD 249 mn
Sale of Strategic Minority Stake Accelerated Placement of in Hyundai Life Samsung Life Insurance USD 200 mn USD 600 mn
Dual-tranche SEC-registered 10-year SEC-registered Senior Bond Offering Senior Unsecured Notes USD 3.3 bn USD 750 mn
5-year 144A/Reg S 5-year 144A/Reg S Senior Unsecured Notes Senior Unsecured Notes USD 600 mn USD 500 mn Relevant Credentials 2014
Sale of Samsung Techwin and Sale of Kyongnam Bank Samsung General Chemicals and Kwangju Bank USD 1.7 bn USD 1.7 bn
Acquisition of Investment into Hyosung’s PET business Celltrion Healthcare USD 485 mn USD 200 mn
Acquisition of KFC Sale of WiniaMando USD 100 mn USD 100 mn
IPO on Korea Exchange IPO on Korea Exchange USD 1.4 bn USD 1.1 bn Relevant Credentials 2013
Acquisition of Third Party Spin-off of NHN Entertainment Interests in Samsung Corning USD 3.9 bn Precision Metals USD 2.2 bn
Sale of ING’s South Korea Sale and Leaseback of Insurance Operations 4 Homeplus Hypermarkets USD 1.7 bn USD 594 mn
Sale of Samsung Electronics’ Subordinated Capital Electrowetting Subsidiary Securities Offering Undisclosed KRW 1.0 trn
3-year and 5-year Fixed Rate Notes Convertible Bond Offering USD 1.0 bn USD 300 mn Relevant Credentials 2012
Acquisition of Sale of STX OSV Caldita and Barossa Gas USD 600 mn Undisclosed
Placement of KCC Corporation Shares, USD 137 mn IPO on Korea Exchange Accelerated Secondary USD 267 mn placement of Hyundai Heavy Industries, USD 602 mn
Samurai Bond Offering 5-year Senior Bond Offering JPY 165 bn USD 1.0 bn
30-year Senior Bond Offering 5-year Senior Bond Offering USD 750 mn USD 350 mn Relevant Credentials 2011
Exchangeable Bond into Sale of Samsung Everland USD 677 mn SK Telecom ADRs JPY 25 bn
Accelerated Secondary Placement of Hyundai Motor Company, Samurai Bond Offering USD 213 mn JPY 50 bn Accelerated Secondary Placement of Mando, USD 601 mn
Accelerated Secondary Convertible Bond Offering Placement for KDIC USD 150 mn USD 140 mn
5.5-year 144A/Reg S Inaugural Global Bond USD Bond Offering Offering USD 700 mn USD 500 mn Relevant Credentials 2010
Sale of Kumho Life Insurance Sale of Ourgame KRW 480 bn Undisclosed
IPO on Korea Exchange IPO on Korea Exchange USD 1.55 bn USD 436 mn
SEC-registered Senior SEC-registered 5.5-year Unsecured Notes Senior Unsecured Notes USD 1.0 bn USD 900 mn
Floating Rates Notes 5.5-year Senior and Loan Facility Unsecured Notes USD 550 mn USD 500 mn