Alternatives manager KKR has hired a wealth executive from rival Blackstone in Japan.
KKR has appointed Yoshi Takemoto as managing director to lead the firm’s global wealth solutions platform in Japan, according to a statement. Based in Tokyo, he will report to Markus Egloff, head of global wealth solutions, international.
Takemoto joins from Blackstone where he was working in its wealth team in Japan and served as the country’s head of product strategy. Prior to that, he also worked at Nikko Asset Management and Shizuoka Bank.
Local Presence
KKR first opened its Tokyo office in 2006 and currently manages $18 billion in assets under management within Japan, which forms the largest part of its Asia Pacific portfolio. Today, the country is the alternatives manager's second largest destination for private equity and real estate capital.
«Japan is a key market for KKR’s private wealth strategy, and we believe that Japanese individual investors can benefit from greater access to our private market investment expertise,» commented Egloff.
«We are delighted to have Yoshi Takemoto join KKR to lead our partnerships with local Japanese distributors and to help further scale our business across all KKR strategies in the wealth channel.»
