Arrest of Korean buyout pro sought

Byeon Yang-ho, managing director and founder of South Korean buyout fund Vogo, is the latest private equity professional to feel the heat from the country’s authorities.

A warrant for the arrest of Byeon Yang-ho, the founder of South Korean buyout firm Vogo, was issued last week, according to a report in Reuters.

The report said Yang-ho was detained for questioning last Monday in relation to his former role as a high-ranking official in the South Korean Ministry of Finance and Economy.

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