We created a GatheringUs memorial to celebrate the life of Steve Chung . Collecting your stories and memories here will offer us great comfort. Click on the heart to let us know you were here and to receive email updates. Thank you for contributing to this lasting memorial.
OBITUARY
Our treasured husband, father, and brother, Steve Sae Hwan Chung, went to join his Lord and Savior on October 7, 2021 at 7:40am. Steve was born in Seoul, Korea on August 15, 1962, and grew up in Dallas, Texas. He graduated from the University of Pennsylvania, Wharton (Bachelor’s) in 1985. After graduating from university, Steve began an illustrious career on Wall Street in investment banking. From New York, he then moved to South... see moreOur treasured husband, father, and brother, Steve Sae Hwan Chung, went to join his Lord and Savior on October 7, 2021 at 7:40am.
Steve was born in Seoul, Korea on August 15, 1962, and grew up in Dallas, Texas. He graduated from the University of Pennsylvania, Wharton (Bachelor’s) in 1985. After graduating from university, Steve began an illustrious career on Wall Street in investment banking. From New York, he then moved to South Korea, where he met his wife, Hyejung.
They married on December 6th, 1989, and had their first son Nicholas Chung on September 14th, 1990. After three years, he moved back to New York City with his family, lived there for one year, then moved to Fort Lee, New Jersey in 1994. They had their second son Alexander Chung in New Jersey on May 19, 1996. Throughout the rest of his life, he and his family would live in Hong Kong, Seoul, Los Angeles, and Las Vegas.
Steve was a family man, and his favorite activity was spending time with family and loved ones. He also genuinely loved his work and started his own investment fund, Tigra Capital, where he traded around the clock in both American and Asian markets.
Those who knew him know that he truly lived life to the fullest extent. He took joy in the finer things in life, from travel to good food and his life was always one adventure after another. He visited many of the great cities across six continents, as well as some of the most remote regions of the world. He was an avid hiker, and hiked the Annapurna circuit, Kilimanjaro, Maclehose in Hong Kong, among many others.
Steve was a man of integrity and held his dearest beliefs with the strongest conviction. He was a true patriot and man of God. He was preceded in death by his mother, Jung Ja Lee, and is patiently waiting for his wife and two sons in Heaven. May he be blessed and may we keep his memory ever alive with us.
I’m so sorry to her of the loss of Steve, a loving husband and father. I’m shocked and saddened to hear of his passing especially as it was only less than two months ago I was chatting with him after his discharge. My... moreDear HyeJung, Nicholas & Alex,
I’m so sorry to her of the loss of Steve, a loving husband and father. I’m shocked and saddened to hear of his passing especially as it was only less than two months ago I was chatting with him after his discharge. My deepest condolences.
I first knew Steve whilst in Kleinwort Benson where I would meet him on marketing trips to New York from Singapore. I recall the many trips we made in America including one to his home then in New Jersey. I always enjoyed being around Steve as he was so interesting to talk to and honest with his opinions and views.
I got to get to know Steve better during his stint in Hong Kong. We eventually became good friends, and we would take our children regularly on walks from Park View to Stanley. Steve was very fit, running all the way and if time permits the gym thereafter. Steve loved his food and drinks, and it is a common passion of ours. I will always remember our makan sessions in New York, Hong Kong and Singapore, and I even made a promise of where I would take him to in Singapore once normality returns. I promise I will take your family there when they come through Singapore.
But the thing that strikes me most about Steve is that he is a strong Catholic and that he loved his family very much. He loved Hyejung and was always thinking of her. He loved and was proud of his sons Nicholas and Alex, and kept me updated regularly of what they were doing and where they were based.
Steve was a good friend, but most of all a loving and faithful husband and devoted father.
He will be sadly missed, but forever remembered. less
My sincere condolences on the loss of your husband and father. May in Rest In Peace for surely he is now in a better place.
I met Steve when I first moved to New York City in 1994. We worked together for many years.... moreDear HyeJung, Nicholas & Alex:
My sincere condolences on the loss of your husband and father. May in Rest In Peace for surely he is now in a better place.
I met Steve when I first moved to New York City in 1994. We worked together for many years. Steve became a good friend at that time and I have very fond memories of each one of you. He was proud of his family and loved all of you so very much.
He had a zest for life which was infectious. I remember well all the up and downs in our careers we shared. We had many ups and downs but through it all he was steadfast as a friend. But more than anything else, I cherish in his memory is his great zest for life and the passion he had for everything he set his heart and soul to. I was sad when you all moved to HK as I missed him. I hope that our paths will cross again.
I always called him "Uncle Steve" --- he is a senior figure to me, someone that I look up to and respect. We knew each other from Citigroup during 2004-06, but it was around the times of 2009 to 2012 that I got to know him the most
It was the... moreI always called him "Uncle Steve" --- he is a senior figure to me, someone that I look up to and respect. We knew each other from Citigroup during 2004-06, but it was around the times of 2009 to 2012 that I got to know him the most
It was the time when I oversaw his son, Alex, when he played in a few few chess tournaments in Hong Kong, and I got to hang out with Uncle Steve in poker trips to Macau - where I was learning from a pro like him!
It was also a difficult period for me personally, but he was very kind and treated me like a family member - I could never forget that.
Looking back, I wish I should have kept in touch with him more than I did... I was so preoccupied with establishing my own family and also with my chess.... it was simply too late for regrets...
But Uncle Steve will always be in my heart and in my mind... in fact, I would say he will be in the hearts and minds of many. All his charisma, his willingness to help people, his radiance of energy...
I met Steve during the start of my investment banking career in the US, and subsequently we were colleagues at two other firms in Hong Kong.
I will always remember Steve as my good friend, colleague, mentor, a man of faith, and an avid traveler who... moreI met Steve during the start of my investment banking career in the US, and subsequently we were colleagues at two other firms in Hong Kong.
I will always remember Steve as my good friend, colleague, mentor, a man of faith, and an avid traveler who lived life to the fullest. He is someone who always had a positive attitude and a fighting spirit. He should be glad that he raised two fine young men who will now carry on his legacy.
“If we live, we live for the Lord; and if we die, we die for the Lord. So, whether we live or die, we belong to the Lord.” - Romans 14:8 less
Shocked as Steve was still young and physically in top shape.
Sad to lose a former colleague and a life-long friend.
Angry for the destructive path of covid by robbing lives and wrecking families.... moreI am shocked, sad and angry:
Shocked as Steve was still young and physically in top shape.
Sad to lose a former colleague and a life-long friend.
Angry for the destructive path of covid by robbing lives and wrecking families.
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Steve and I go back to early phase of our career.
I first met Steve in 1993 at Baring Securities, Emerging Market broker/dealer, in NY.
We both worked as Asian brokers. The early 90s was a boom time for emerging markets. The Berlin Wall fell. The Cold War was over. There was explosive crossborder capital flows to Asia and EM. It was exciting times. We were young and full of youthful energy. It seems like only yesterday but that was nearly 30 years ago. Looking back, we were lucky we rode the wave-EM golden age (1990-2007). Its much harder now.
I sat a few desk away from Steve at Barings. I remember he had a picture of his family on his desk. Many commented about Steve's love and dedication to his family and I know first hand that is the essence of Steve.
During those days, there weren't that many Asian or KR-AMs on wall street. We were a small band of KR-AMs on wall street and we tried to help each other whenever we can.
Many years later, Steve joined my sales desk at Citigroup as a Korean mkt/HF specialist. He excelled and was promoted which prompted him to move to Citigroup-HK. He was widely respected by colleagues and clients for his punchy and opinionated views.
Professional achievements aside, Steve's happiest moment is guiding and watching his two sons grow up as strong young men: Nick is a junior wall street executive in Korea and Alex, a proud West Point grad. I once drove Steve and Nick to Cornwall NY for the West Point Admissions interview. A few months later, I heard the news. I can still close my eyes and hear him excitedly share the great moment in the Chung's family: "My son got accepted to West Point!"
There are so many shared stories with Steve. We worked together. We socialized together. We laughed together. We prayed together.
Steve was imbodiment of living to the fullest-sometimes too extreme for me. One time, I was attending a conference in HK. I was exhuasted from the jet lag and meetings. I was going to take it easy over the weekend but Steve had other ideas. He challenged me go on a hiking trip--the 1000 steps at Twin Peaks, a tough climb for the casual hiker like me. It took me a month to recover after that excursion. By the way, Steve finished the hiking trip half my time.
A couple weeks ago, Steve called me to say that he is going to give a fight and beat the virus. His voice was hoarse but he was bold, determined and feisty as ever!
Its a classic Steve-a warrior with a fighting spirit!
He will be missed...
My deepest condolences to the Chung family for your loss.
Got jolted when i heard Steve passed on. I have known him for 25 years in NYC and HK. Globe (thats what we called each other, Steve's smiling in heaven when he reads this) thanks for the many good meals and indulging conversations about markets and... moreGot jolted when i heard Steve passed on. I have known him for 25 years in NYC and HK. Globe (thats what we called each other, Steve's smiling in heaven when he reads this) thanks for the many good meals and indulging conversations about markets and life at Sushi Yasuda and Grissinis. Sincerest condolences to Hyejung, Alexander and Nicholas. Raymond Kong less
Sincere condolences to Steve's family. Steve has been a friend for over 25 years and am deeply saddened. After I moved back to the States, Steve gave me great advice as we were in communication until just 2 weeks ago. Rest in peace in Heaven and God bless you.
Please accept my deepest condolences. I am saddened and shocked to learn of Steve's passing. From the earliest days in NY's Asian finance community to HK and beyond, Steve was always an icon of a peer - full of... moreDear Hyejung, Nick, and Alex:
Please accept my deepest condolences. I am saddened and shocked to learn of Steve's passing. From the earliest days in NY's Asian finance community to HK and beyond, Steve was always an icon of a peer - full of intelligence, humor, and integrity, always a pillar to his community and family. We will remember him with gratitude and respect.
My deepest condolences. Our whole family is truly saddened by Steve's passing. Our families have crossed paths across NJ, HK, and Seoul. He was full of life, global, kind hearted, and a true family man.
My deepest condolences. Our whole family is truly saddened by Steve's passing. Our families have crossed paths across NJ, HK, and Seoul. He was full of life, global, kind hearted, and a true family man.
Rest in peace my friend.
Love,
Rex, Jeena, Isabella, Maxwell, and Alexander Chung less
My cool and fun cousin Steve filled with a warm heart, humours and passion. You will be missed forever. Thank you for all the happy memories. Love you! Rest in peace, Steve. Sending all our prayers, Nick, Alex and Hyejung unni.
Steve recommended me to get hired at Citi as part of the same hedge fund coverage team and then later on we founded a brokerage together in HK. We were super close between 2005-2010/11 and shared some very intense and personal moments together.
He... moreSteve recommended me to get hired at Citi as part of the same hedge fund coverage team and then later on we founded a brokerage together in HK. We were super close between 2005-2010/11 and shared some very intense and personal moments together.
He was like an older brother to me and he valued loyalty and respect over anything and he knew I was one of his guys. He was a real life Howard Roark who lived a life so closely to his beliefs - more than anyone I know or have ever met.
He loved his boys so much and was almost “in a hurry” to teach them about the world. He must be so proud of how they have grown into young men.
My condolences to Nick, Alex and Hyejung. I said a prayer to Steve thanking him for what he has done for me and for his peaceful journey to paradise. I'm going to miss him dearly. less
Still in shock. Steve was my senpai, an older brother figure and great friend. We did not always see eye-to-eye but a man of integrity who spoke his mind which very few have the courage to do now. And some great dinners at Vatos! and the like over... moreStill in shock. Steve was my senpai, an older brother figure and great friend. We did not always see eye-to-eye but a man of integrity who spoke his mind which very few have the courage to do now. And some great dinners at Vatos! and the like over the years. Always so proud of his family too. Prayers with the family & Rest in Greatness Big Man. LT less
Having known Steve for over 30 years, it breaks my heart to see him go. He was passionate about work and family. Our families paths have crossed in New York, Seoul and Hong Kong. I remember when Nicholas was a baby in New York. I also remember when... moreHaving known Steve for over 30 years, it breaks my heart to see him go. He was passionate about work and family. Our families paths have crossed in New York, Seoul and Hong Kong. I remember when Nicholas was a baby in New York. I also remember when Alex and my son Patrick used to play together in Hong Kong. Hyungsoonim and my wife were great friends as well. Rest in peace Steve. We will miss you. less
I will forever cherish the special connection that we had together. It feels like yesterday when we enjoyed a laugh and a great meal in Hong Kong. Though I will miss all the memories that date back some 30 years, you will always live in my heart as a... moreI will forever cherish the special connection that we had together. It feels like yesterday when we enjoyed a laugh and a great meal in Hong Kong. Though I will miss all the memories that date back some 30 years, you will always live in my heart as a true friend and brother. less
I will always remember Steve as someone who was easy going and full of life and laughter.
It was always the little things that made him so happy; watching a movie with his sons, taking his friends and family to the best Chinese restaurant in town, going... moreI will always remember Steve as someone who was easy going and full of life and laughter.
It was always the little things that made him so happy; watching a movie with his sons, taking his friends and family to the best Chinese restaurant in town, going to the sauna with Nick after a grueling hike; cooking up a nice meal for his family - the list goes on.
He had a pure heart and he loved his family more than anything. I had the pleasure of seeing the relationship between him and Nick heal and blossom beautifully in the past two years, and this photo was one of the most recent photos taken of him that attests to that. It was after an intense hike on August 2021 and we all wrapped up the day at a hole in the wall restaurant that served great food and makgoli. We were exhausted but Steve had never looked so happy that day, spending a full day with Nick and his friends.
Steve, it breaks my heart to think that we can't make any more of these memories together, and that I will not be able to hear your vivacious laughter over the silliest thing you saw on the internet.. I would've loved to get to know you more as not just a father to Nick and Alex, but as an individual.
Yet I am so grateful that you were able to make such great ever lasting memories with your family and friends in your short time here on earth. I know you will continue to look over all of us from up there; your memory will be with us forever. Rest in Peace. less