{
  "id": 4821136,
  "title": "HIG Capital hires former Blackstone executive to lead Asia capital formation",
  "url": "https://urgent.news/2026/09/01/hig-capital-hires-former-blackstone-executive-to-lead-asia-capital",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T08:32:02.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://www.privateequitywire.co.uk/hig-capital-hires-former-blackstone-executive-to-lead-asia-capital-formation/"
  },
  "original_language": "en",
  "account": "Alternative investment firm HIG Capital has appointed Younghee Choi as head of Asia within its Capital Formation Group, as the company seeks to enhance its ties with institutional and private wealth investors throughout the region. Choi, who will oversee capital formation activities across Asia for HIG's private equity, private credit, and real assets strategies, is set to bring her extensive experience in institutional client solutions and private wealth to the role. Currently based in Hong Kong, Choi joins HIG from Blackstone, where she spent over a decade working across various capacities, including senior managing director and head of Korea Institutional Client Solutions. At Blackstone, Choi established strong relationships with regional institutional investors and contributed to expanding the firm's private wealth fundraising efforts in South Korea. HIG's executive managing director and global head of Capital Formation Group, Jordan Peer Griffin, emphasized that Choi's expertise and established connections would bolster the firm's regional capabilities as it expands its network of limited partners and strengthens its presence among institutional and private wealth investors. In her new position, Choi aims to deepen relationships with Asian investors and raise awareness of HIG's investment capabilities globally. This appointment follows HIG's ongoing efforts to bolster its international fundraising infrastructure. The firm, which currently manages approximately $75 billion of capital and invests in private equity, credit, real estate, and infrastructure, focuses on middle-market opportunities such as management buyouts, recapitalizations, and corporate carve-outs. Its credit business provides senior, unitranche, and junior debt financing through direct origination and secondary-market investments. Its real estate platform targets value-add opportunities, while its infrastructure arm concentrates on value-add and core-plus investments. Founded in 1993, HIG has invested in and managed over 400 companies worldwide, with its current portfolio comprising more than 100 businesses generating combined annual sales of over $53 billion. Choi's addition to HIG's Asian team comes at a time when competition for institutional and private wealth allocations to alternative assets is becoming increasingly fierce.",
  "summary": "HIG Capital has appointed Younghee Choi as head of Asia within its Capital Formation Group, as the alternative investment firm looks to expand its relationships with institutional and private wealth investors across the region.",
  "key_points": [
    "Younghee Choi appointed as Asia head for HIG Capital's Capital Formation Group.",
    "Choi's appointment strengthens HIG's regional capabilities and investor relations in Asia."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}