Innovative Solutions, Local Understanding and Global Execution

JDLK GROUP LLC is a global alternative investment and merchant banking firm with a strong focus on the Asia-Pacific region. We have established ourselves as a trusted partner in investment banking, bespoke corporate financing services, investment management, and cross-border M&A advisory.
For over 20 years, our team has been actively co-investing and providing creative investment opportunities to a diverse range of investors. Our investor base includes institutional investors such as global private equity firms, hedge funds, family offices, specialized investors, and High-net-worth individuals with varying risk-return profiles.
Over $2 Billion USD
of transaction value into Vietnam, Korea, and other parts of Southeast Asia, which includes affiliated entities.
Creative, Bespoke and Private
financial services
20+ years
of execution experiences
Global Presence
- Ho Chi Minh City
- New York
- Partner offices in Singapore, Hong Kong and Seoul.

Creating New Capital Frontier For APAC Region

Corporate Services

We closely monitor our clients’ growth and financing requirements, offering access to the global capital markets. We specialize in time-sensitive, complex, distressed, special situation, debt & equity financing.

Private Equity

We structure and facilitate cross-border M&A, Private Investment in Public Equity (PIPEs), Alternative Investments, Private Equity, Acquisition Financing & Pre-IPO transactions.

Merchant Banking

We operate as a merchant banking institution that invests using our own funds and advises clients on both equity and debt financing. Our focus is on developing creative and bespoke structures.

Market Research & Investor Relations

We offer independent research services to financial institutions and organize 'non-deal institutional road shows' and conferences for domestic companies, aiming to enhance their global exposure.

Key Sectors Focus

Consumer Sector
Consumer Goods, F&B, Education, E–Commerces
Healthcare Sector
Pharmaceuticals, Hospital, Medical Equipment, Healthcare Service
Logistic & Industrials
Warehousing, Logistic services, Seaports
Real Estate
Residential & Hospitality, Industrials, Office Building
Financials Service
Banking, Insurance & Securities
Technology Sector
IT & Software, Media Tech & Telecommunications
Energy & Resources
Oil & Gas Exploration, Utilities, Mining, Renewable Energy

Leadership

Tommy H. Lee

President and CEO
Major coverage markets: US, Korea, Vietnam, Singapore, and Hong Kong

Tommy H. Lee has over 20 years of capital markets, investment banking, private equity, and financial services experience focusing on U.S. and Asia emerging growth, small cap, and middle market companies. Tommy has negotiated, structured and closed various types of financing transactions including retail and institutional private placements, venture capital, mezzanine financing, senior debt financing, initial & secondary public offerings, LBOs, MBOs and cross boarder M&A. His transactional experience spans a broad range of industries having raised in excess of $2.0 Billion USD. Additionally, he has been involved in numerous M&A assignments and advisory services for both private and public companies in the U.S. and Asia.

Tommy started his career on Wall Street with Oppenheimer and JP Morgan Chase where he served as Vice President of Investments. As Vice President, he has advised, customized and managed portfolios for HNWIs and Institutional Clients. In addition to his investment advisor background, Tommy, has successfully performed deal origination for numerous strategic, private equity, public, and private companies. He has advised clients on strategic partnerships, cross-border M&A, capital raise (equity, debt, and mezzanine financing). As a direct result of his transactional experience, Tommy has an extensive network of relationships with investment banks, private equity investors, venture capital funds, hedge funds, mezzanine funds, and asset-based lenders.

Tommy spends most of his time in Ho Chi Minh City, Vietnam, actively serving on various boards while advising Chairmen and Executives of both private and public companies on capital raising, capital structure, restructuring, strategic and financial partnerships, and cross-border M&A.

Chris O'Connor

Partner
Major coverage markets: Asia-Pacific, Middle East, Africa, and Europe

Chris has extensive experience in Southeast Asia, particularly Myanmar, at the corporate level. As CFO of Myanmar Industrial Port, he oversaw financial operations and capital raising, playing a key role in securing an IFC refinancing loan through restructuring. He also served as CFO at The American University of Myanmar.

As co-founder of Ayuroma Advisory International, Chris helped Myanmar family-owned conglomerates with restructuring and securing capital through strategic partnerships. He also gained entrepreneurial experience as CFO, COO, and Business Development professional at Renew Solution in the UK and Asia.

Chris began his career at Deutsche Bank, where he led the Private Equity/Illiquid Assets Investment team in London, focusing on Europe, Russia, Africa, and the Middle East. He also managed the US Equity Sales and Trading team in London. Chris holds an MBA from The University of Chicago Booth School of Business and a B.A. in History and Political Science from Gettysburg College.

Munsu Han

Partner
Major coverage markets: Vietnam, Korea, and US

Munsu Han has extensive experience in various financial transactions, including IPOs, reverse mergers, M&A, and PIPE deals, with a specialization in cross-border transactions that leverage regional and cultural differences as competitive advantages. His diverse background spans law, finance, management, technology, and trade.

He has led numerous corporate finance and M&A assignments in North America, Korea, and Vietnam. He was involved in the acquisition of a leading Korean electronics company acquired by a Vietnamese listed company. In addition, he and his partners acquired a local Vietnamese securities firm, where he took on the role as CFO.

He began his career as an IT system consultant at Hyundai Group. After leaving Hyundai Group in 1999, he founded Witnet International Inc., an IT software solution development company that later underwent a reverse merger and became publicly listed on Nasdaq. He has worked in a range of companies, from startups to publicly listed firms. Munsu graduated from Seoul National University with a degree in Computer Engineering.

Dan Cerf

Senior Advisor
Major coverage markets: Southeast Asia, US, and Europe

Dan Cerf has more than 35 years of experience in Asia covering real estate asset, investment (both private equity and public capital markets), development and related management services.

Mr. Cerf established DevinQi Advisors in 2020 to consult primarily on the real estate alternatives sector. The business focuses on, amongst others, multiple real estate services associated with industrial/logistics, co-living, and senior living.

He was CEO of Cache Logistics Trust (‘Cache’ which is now known as ESR-LOGOS REIT) from listing in early 2010 to 2020. At the end of his tenure, Cache had 27 assets valued at close to SGD 1.4 Billion. Prior to that, Mr. Cerf was Deputy CEO of what is presently known as Keppel REIT Management Limited, the manager of Keppel REIT’s core commercial office portfolio valued at over SGD 2.0 Billion at the time.

Mr. Cerf worked with First Pacific Land in Hong Kong, heading-up regional asset and development management and later helming the Group’s subsidiaries in Singapore and Malaysia. Together with a group of investors, Mr. Cerf participated in a management buyout of First Pacific Land’s businesses in Malaysia. He ran the funds involved and operated a separate asset management consultancy serving separate accounts including asset owners, developers, banks and institutions throughout SE Asia.

Mr Cerf is a former practicing architect having experience in urban planning and economics.

Paul Tran

Investment Associate
Major coverage markets: Vietnam

Paul Tran is an Associate at JDLK, specializing in Capital Market Services and Private Equity. With expertise in investment analysis and portfolio management, Paul has gained valuable experience working in both listed funds and private equity firms.

During his tenure at Korea Investment Management Vietnam, a dynamic stock-focused fund managing $1.5B, Paul served as an Investment Analyst. His responsibilities included conducting research, analysis, and valuation, with a particular focus on sectors such as Logistics, Healthcare, and Utilities. Paul actively contributed to fund raising initiatives and demonstrated a strong track record of generating alpha in his sectors through effective portfolio management.

Building on his accomplishments at KIM, Paul transitioned to Mirae Asset Alternative Investment as an Investment Manager. In this role, he showcased his proficiency in deal origination, evaluation, and structuring for debt financing and private equity transactions.