Alternative asset manager GoldenTree Asset Management has hired Ken Takao as its new head of business development in Japan, to manage growing demand from investors for private credit.
The newly-created role is based in GoldenTree’s Tokyo office. Takao brings more than two decades of leadership experience and deep relationships in Japan to GoldenTree, joining the firm from Fortress Investment Group, where he served as a managing director in the client & product solutions group.
Alongside his new role, Takao will also serve as a representative in Japan. He will report to Kathy Sutherland, GoldenTree’s CEO.
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Sutherland said: “Over the last two decades, the Japanese have been important investors in our funds and collateralised loan obligations (CLOs) as well as distributors of our offerings.
“As Japanese investors increase their exposure in areas such as opportunistic credit, private credit, distressed debt and emerging market debt, we are excited to expand our local presence and deepen our relationships in the region. Ken brings over two decades of expertise and leadership in Japan and we are pleased to welcome him to the GoldenTree team.”
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Takao added: “As Japanese investors continue to optimise their portfolios and diversify exposure across credit, I am honored to broaden and deepen the dialogue with investors locally. I am confident GoldenTree’s performance-driven philosophy and commitment to investment excellence will enable the firm to continue to grow with Japanese investors.”
