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Mubadala taps KIC’s senior PE director

Ahn Seung-gu, the senior director for private equity at Korea Investment Corporation, is set to join Mubadala Investment Co, a sovereign investor based in the United Arab Emirates, according to a report by the Korea Economic Daily.

Ahn Seung-gu, the senior director for private equity at Korea Investment Corporation (KIC), is set to join Mubadala Investment Co, a sovereign investor based in the United Arab Emirates (UAE), according to a report by the Korea Economic Daily.

The report cites unnamed sources as confirming that Ann, who has worked for more than a decade at the South Korean sovereign wealth fund, has submitted a resignation letter to KIC, ahead of her move to Mubadala.

Prior to joining KIC, Ahn worked for Tstone Private Equity from 2010 to 2013 where she focused on buyouts and mid-market investments

Mubadala is the second-largest sovereign wealth fund in the UAE, managing $276 billion in assets. 

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