Aquila Capital, a German fund manager, has opened an office in Japan as it aims to bolster its expansion in the Far East. An experienced banker joins from Pictet Asset Management.
Aquila Capital, which is based in Hamburg, Germany, has opened an office in Tokyo, the company said in a statement last night. The representative office will support the firm's bid to expand its presence in Japan’s buoyant solar power market.
Attractive Solar Market
In 2013, Aquila Capital launched its first investment fund domiciled in Japan and it started investing in Japanese photovoltaic projects a year later: «Japan’s strong demand for electricity and relatively high sunshine hours makes it one of the most attractive solar markets in the world,» said Boris Beltermann, head of energy and infrastructure in the Asia and Pacific region at Aquila Capital, according to the statement.
Aquila Capital appointed Yasuhiro Odajima as investment manager energy and infrastructure APAC, based at the Tokyo office. He joins from Pictet Asset Management, the Swiss private bank.
Local Expertise
«Our strategy is to combine our deep industry expertise with a network of local contacts to source and manage attractive opportunities for our investors,» said Roman Rosslenbroich, co-founder and chief executive officer of Aquila Capital.
Aquila Capital is present in eight markets globally, amongst them Singapore and now Tokyo.
