Evercore hires ex-Campbell Lutyens exec

The global investment advisory firm has poached Andy Lee to cover Asian LPs and GPs out of its Hong Kong office.

Evercore, an investment banking advisory firm, has hired Andy Lee in its private funds group in Hong Kong to focus on Korean relationships, according to a statement from the firm.

Lee, a founding member of placement agent Campbell Lutyens‘s Hong Kong office, will cover limited partners and general partners in the region.

“Korean LPs are shifting towards global alternative investments at a rapid pace, and at the same time, they are demanding access to more high-quality investment opportunities across private equity, real assets and credit,” Richard Anthony, global head of Evercore’s private funds group, said in the statement. “Andy joining the team ensures we are well resourced to assist Korean investors in reaching their desired investment outcomes.”

At Campbell Lutyens, where he spent 5 years, Lee covered private equity, private debt and infrastructure investments in the Korean market. He also originated secondaries opportunities for Korean investors through portfolio sales and worked with the secondaries team for deal sourcing and fund interest transfers, according to his LinkedIn profile.

Before Lee’s 15 years finance career, he was a strategic advisor to the United Nations permanent mission of the Republic of Korea, based in New York.

In November 2014, Evercore hired Ian Bell to lead the group’s distribution and origination efforts throughout Asia-Pacific.

Evercore has 28 office around the world and advises clients on private equity secondaries transactions through its private capital advisory business, according to its website.