Mr. Choi is a CFO of KWAVE C&T and was a founder and CEO of Hanmi Asset Securities, Inc., a Los Angeles-based investment banking firm specializing in the Korean-American marketplace. Hanmi Asset is an SEC-registered securities broker-dealer.
Before he founded the broker-dealer in 1990, he worked for the state-owned Korea Development Bank (KDB), Seoul, Korea in various capacities such as research analyst, loan officer, and syndication manager. His last appointment at KDB was Executive Vice President of Korea Associated Securities, Inc. a New York based investment banking arm of KDB.
During his career, Mr. Choi had also served as a fund adviser to several Korea’s onshore and offshore trust funds including Daehan International Investment Trust ($ 130 Million). He also found a venture capital fund, Hanmi Korea Venture Fund ($ 250 Million), a fund of funds to invest in Korean emerging companies with matching funds from Korean government (Small Business Administration) and multiple Korean venture capital firms.
Since 2005 Choi became interested in real estate development in Macau and mainland China as well as in the States where he worked as either an advisor, consultant or investment banker for various real estate development projects. Over the years he has developed a valuable working relationship with Korean entrepreneurs and investors as well. His current interest is in the area of project financing, distressed mortgage securities, and private placement of real estate related securities.
Mr. Choi graduated from Korea University majoring in Business Administration and Stern Business School of New York University.