Steve Kim VENTURE PARTNER
Prior to establishing Manna Capital Advisors LLC, Mr. Kim was most recently a Managing Director and Head of Credit at ICONIQ Capital. He initiated the primary credit investment efforts for the firm’s merchant banking division and helped source, structure, underwrite and invest almost US$1 billion of capital across various credit-focused strategoes in just his first year. Previously, he was a partner at Marathon Asset Management and the firm’s Chief Investment Officer of Asia overseeing all credit trading and equity investments.
Mr. Kim has extensive experience investing in distressed corporate and sovereign debt as well as public securities and private finance situations in global emerging markets. After opening Marathon's Asia office in December 2004, he was responsible for managing all of the firm's regional investments across multiple funds and overseeing day-to-day Asian operations. Mr. Kim solely managed the firm's Asia-focused multi-strategy fund, Marathon Asia Fund, from November 2008 to December 2013, which he grew from a minimal seed allocation to a peak AUM of over $250 million with highly consistent returns. He was directly involved in raising almost all of the capital for the regional strategy. His effective capital raising efforts stemmed from his carefully managed risk-adjusted returns that translated into positive returns every year, including 2008. He also oversaw the firm’s Asian convertible bond portfolio from 2004-2008. Mr. Kim made partner in 2008 and served on Marathon’s Executive Committee from 2007 onwards.
Mr. Kim has successfully worked on numerous debt restructurings in Latin America and pan-Pacific Asia and led numerous private equity-focused transactions throughout his career. Notably, Mr. Kim served on the Board of The Executive Centre from 2007-2009. He spent his earlier years in New York trading and investing in emerging market debt with a particular emphasis on Latin American sovereign and corporate credits. He started his career as an emerging market fixed income analyst at Chemical Bank and later traded for various bank proprietary desks prior to joining Marathon in 2002.
Mr. Kim graduated with a B.A. in political science with high honors from the University of California, Berkeley. He received his Masters in International Affairs with an emphasis on international finance from the School of International and Public Affairs at Columbia University. He is a published author (Wiley & Sons, 2003).