Siguler Guff hires former OPIC executive

Jay Koh, who has joined the fund of funds as a partner, has a wealth of experience, including working on emerging markets private equity with a US government agency.

Siguler Guff & Company has hired Jay Koh, a former high-ranking private equity executive with the Overseas Private Investment Corporation, as a partner and managing director.

Koh will not be focusing on any specific area of the firm, but will have a firm-wide focus, a spokesperson for Siguler Guff said Thursday.

Koh joined Siguler with a wealth of emerging markets private equity experience. At OPIC, he led the US government agency’s $2.6 billion emerging markets private equity programme, oversaw 33 funds and helped manage $15 billion portfolio of political risk insurance, direct finance and private equity investments.

He also “guided the development” of OPIC’s strategic relationships and new products, including the agency’s debut fund of funds and its first agricultural fund.

Prior to OPIC, Koh led from 2007 to 2009 private equity and illiquid investing for Europe, the Middle East and Africa at R3 Capital, formerly the global principal strategies division of Lehman Brothers. Before that, he was a principal at The Carlyle Group with a focus on direct growth equity investing with an emphasis on telecom and security.

Amid his private equity career, Koh for two years worked as a law clerk to Justice David Souter, US Supreme Court, and to Judge Michael Boudin, US Court of Appeals to the First Circuit.