Translation to English

TCK Investments expands into domestic asset management industry as ‘Topor & Co. Korea Asset Management’

TCK expands its current client offerings with its new privately placed fund business for qualified professional investors.

Hyeonkyeong Kim for Herald Business
November 9, 2021

TCK Investments, a foreign-owned private investment office, announced today it has obtained an asset management license and plans to expand its current client offerings to include the privately placed fund business for qualified professional investors.

The company also announced that its official name in Korean was changed to “Topor & Co. Korea Asset Management” in October, to reflect the new license and expanded offerings.

TCK began in 2012 as “Topor & Co. Korea Investment Advisory” which was a a foreign-owned, private investment office serving Korea’s top-tier high net worth families, corporations and foundations. The firm introduced the family office and endowment model of multi-asset class investing to its clients through tailored, global-class portfolios managed through on-shore discretionary accounts.

This discretionary model – used by top global family offices and independent offices – helped substantially grow TCK clients’ assets. TCK’s flagship growth model portfolio, which is most popular with discretionary clients, has produced over 100% returns since inception.

TCK Co-CEO Mark Tetto said, “Our entry into the privately placed fund business will enable us to provide clients with unique and diverse investment options on top of the core portolios. We can leverage our unique global network to provide access to select fund investment opportunities which would not normally be accessible to Korean clients.”

Ohad Topor, Founder, and Chairman of TCK emphasized, “This entry into the asset management and private placement fund business does not affect any part of the our existing global-class portfolios offered through discretionary and advisory services which are the foundational offering of TCK. We are excited that this new license enables us to reaffirm TCK’s committed long-term presence in Korea and to offer exclusive investment opportunities for our clients.”

Young-key Hwang, a senior advisor to TCK, said “TCK has now become one of the few foreign-owned companies to obtain the asset management license in Korea when other global players are reducing their footprint or exiting Korea. It’s a strong signal of TCK’s success in the market so far, and its long-term commitment to growing in Korea.”

Founded in 2012 by Ohad Topor, with additional guidance from Howard Marks (co-Chairman of Oaktree Capital), TCK is a global investment management company based in Seoul and London. As a private multi-family office in Korea, TCK is dedicated exclusively to providing advice and investment solutions to major shareholders of large and medium sized conglomerates and corporations. In Korea, TCK manages investments within the clients’ local securities accounts (a managed account) for qualified investors. In September 2021, TCK entered the privately placed fund management business for qualified professional investors.