Woori partners with SkyBridge
Woori brokerage has joined forces with SkyBridge to distribute the US firm's FoHF products in Korea, potentially giving the alts manager a foothold in the local hedge fund market.
Woori Investment and Securities has teamed with SkyBridge Capital for a strategic partnership that will see one of South Korea’s largest securities firms distribute hedge fund products by the $8.2 billion US alternatives firm within Korea and Asia.
As part of the agreement, Woori I&S has invested an undisclosed sum into a SkyBridge fund of hedge funds vehicle which was not identified. The firm’s main FoHF product is the SkyBridge Multi-Advisor Hedge Fund Portfolios, which it r…
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