Private Equity

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Lakewood Partners

박상필's Lakewood Partners reached KRW 100 billion AUM by December 2024, operating as a Korea-registered New Technology Financing Company.

Lakewood Partners logo

Lakewood Partners

Lakewood Partners works with family offices and institutions to invest in lower middle market companies. We look for companies with strong management teams and market leading products, services and/or technology that operate in growing markets with high barriers to entry.

General information

Firm type

Private Equity

Year founded

2019

AUM

Approximately USD 68 million (Altss estimate)

Location

Region

Asia

Country

South Korea

City

Seoul

Corporate office

32, Gukjegeumyung-ro 2-gil, Yeongdeungpo-gu, Seoul, Republic of Korea

Principals

박상필

대표

Nick Carter

Amy Walker

Sector focus

Growth EquityVenture CapitalBuyoutTechnology

Frequently asked questions

Who runs investment decisions at Lakewood Partners?

Founding representative 박상필 leads the firm and draws on a long track record in global private equity. The investment team is built with professionals from securities, accounting, and asset management, giving it multi-disciplinary internal capacity. Final investment decisions rest with this senior group.

How is Lakewood Partners structured as a regulated entity?

Lakewood registered as a New Technology Financing Company in July 2019 and, in July 2025, added registration as the general partner of an institution-only private collective investment vehicle. The New Technology Financing Company license removes standard sector and instrument restrictions, enabling equity, debt, and hybrid investments across any industry under a single regulated entity.

Does Lakewood Partners participate in fund commitments or only direct deals?

As of December 2024, Lakewood manages two blind-pool funds and seven project vehicles. This indicates a dual approach: discretionary fund commitments raised from external LPs and separate project-based investment structures.

What investment stages does Lakewood Partners typically target?

The firm runs three distinct strategies. The buyout arm targets stable cash-generating businesses with low external volatility. Growth capital focuses on companies entering a phase of accelerating profitability. The venture strategy avoids seed-stage exposure, concentrating on differentiated business models that have confirmed commercial traction and meaningful early revenue.

What is Lakewood Partners' known posture on co-investments?

The firm states it pursues both solo and co-investment structures for its buyout strategy. Co-investment partners are not publicly disclosed.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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