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Maples Group Selected as Fund Administrator for Align Partners Korea Fund

09 Apr 2024

The Maples Group is delighted to announce that it will be providing fund administration services to Cayman Islands-domiciled Align Partners Korea Fund (the “Fund”).  Gordian Capital, Singapore-based investment manager of the Fund, has appointed Seoul-headquartered alternative asset management firm Align Partners Capital Management, Inc. (“Align”) as the sub-investment manager.  The Maples Group’s Singapore-based team will be providing the Fund with a full array of fund administration services, including fund accounting; financial statement preparation; investor services; FATCA and CRS compliance services; and anti-money laundering compliance officer (“AMLCO”) services. Gordian Capital, with $13.6 billion in assets under management, was founded in 2004 by a team of professionals with experience in Asian capital markets and asset management going back to the 1980s. The team chose the Maples Group for its longstanding reputation and track record in Asian markets.

“We are very pleased to have been selected to provide services to the Fund,” says Eastern Fong, Regional Head of Fund Services – Asia. “We look forward to working with Gordian Capital and Align, leveraging our regional and global knowledge to serve as a strategic partner in launching the fund and providing expertise on an ongoing basis.” 

Align, headquartered in Seoul, takes a public-private hybrid approach to investing, seeking out both publicly traded Korean equities and private equity-style long-term investment to unlock value from the Korean market. Founded in 2021 by CEO Changhwan Lee, an alumnus of Goldman Sachs and KKR, the team has deep experience in buyouts, portfolio management and corporate value creation. Gordian Capital has operating subsidiaries in Singapore, Tokyo, Melbourne and Shanghai.

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