JPMorgan Partners Asia manages the $1.1 billion Asia Opportunity Fund, of which it has committed $520 million in direct equity investment since the fund's inception in 1999. Its most recent investment was in Korea where it acquired a 27.4% stake, and joint management control, of Ceratech, a designer and manufacturer of high-end passive electronic components. Elton Cane talks to JPMorgan Partners Asia managing director Eugene Suh.
FinanceAsia Not long after you took joint control of Ceratech the company bought back 13% of its shares at a 19% premium. What was the thinking behind this
Eugene Suh The share buyback was for 1.8 million shares. It was a joint...
