Hamilton Lane, Adams Street Among Firms Arriving for UCK, Anchor Equity Meetings
IMM, Affinity to Follow With Their Own Gatherings
This article was published on Oct. 19, 2026, at 11:33 a.m. on Signal, a capital markets news service.
Global institutional investors have arrived in South Korea in large numbers to attend annual general meetings held by domestic private equity fund managers. The meetings give overseas limited partners a chance to review a manager’s performance over the past year and weigh whether to commit more capital.
Officials from leading institutional investors including Hamilton Lane, Adams Street Partners, Ardian, Pavilion Capital and StepStone have recently traveled to Korea, according to investment banking sources on the 19th. The visits are tied to annual general meetings hosted by UCK Partners and Anchor Equity Partners.
Hamilton Lane and StepStone are known as fund-of-funds managers that take money from pension funds and other institutions and invest it in private equity funds worldwide. Adams Street Partners and Ardian are also regarded as major players in the global private equity commitment market. Pavilion Capital is an investment arm of Singapore’s Temasek.
At an annual general meeting, a private equity manager gathers limited partners from around the world to report on the year’s performance. The sessions cover how much capital each fund has deployed, the earnings of portfolio companies and plans for exits. For overseas investors, it is a chance to see the manager’s report card in person. Meetings for domestic investors are held once in the first half and once in the second half of the year, in line with fund agreements.
Most Korean private equity managers with overseas backers hold their annual general meetings between October and November. This year, UCK and Anchor are first, followed next month by large managers including IMM Private Equity, VIG Partners and Affinity Equity Partners. Managers that are not holding meetings are also using the window to meet visiting overseas investors and strengthen their global networks.
This year’s meeting season is expected to serve as an occasion for the global investment industry to check on Korea’s regulatory landscape and take a fresh look at the mergers and acquisitions market as a whole. The National Assembly is discussing a plan to lower the borrowing cap for private equity funds to 200% of net assets from 400%. “This is the time when you can meet in one place the overseas institutional investors who are scattered across different countries and hard to see otherwise,” an investment banking official said. “How Korea’s regulations change looks set to be one of the main talking points at this year’s meetings.”