Apollo D names Yasuo Kashiwagi head of Japan

Apollo D names Yasuo Kashiwagi head of Japan

Apollo Global Management (NYSE: APO) has appointed Yasuo Kashiwagi as Head of Japan, further strengthening the firm's presence in the Japanese market. With over 30 years of financial leadership experience, Kashiwagi will oversee the firm's integrated strategy and local partnerships across asset management, capital solutions, and wealth and retirement solutions [1].

Kashiwagi brings extensive experience from his previous roles, including Senior Managing Executive Officer and Deputy Chief Executive of the Asset Management & Investor Services Business Unit at Mitsubishi UFJ Trust and Banking Corporation, and senior roles at Nomura Holdings in Europe and the United States. He will lead the next phase of Apollo's growth in Japan, driving the firm's strategic expansion, deepening institutional and regulatory relationships, and overseeing local execution across its businesses [1].

Apollo has maintained an active presence in Asia Pacific for nearly two decades, with a dedicated Tokyo office since 2019. The firm has grown its local team to over 30 professionals and manages approximately $20 billion in assets in Japan. Kashiwagi's appointment comes as Apollo expands its platform across origination, insurance, and wealth services to meet increasing demand for flexible equity and yield-oriented solutions in the region [2].

Japan's aging demographics and the demand for retirement income solutions, as well as Japanese corporations and institutions seeking alternative capital sources beyond traditional banks, align with Apollo's expertise. Kashiwagi's appointment signals Apollo's intent to capitalize on these structural advantages [2].

Jim Zelter, President of Apollo Global Management, stated, "Japan stands out as a market where long-term structural trends align with Apollo’s strengths. Institutions and corporates are increasingly turning to private capital as a solution, not just for financing, but also for long-term partnership. At the same time, Japan’s demographics are creating urgent demand for retirement income solutions. We are committed to building trusted relationships and delivering scaled, flexible capital that addresses these needs" [1].

Tatsuo Tanaka, Japan Chair, added, "As corporates look beyond traditional sources of capital and the retirement ecosystem evolves, our ability to take a long-term, outcome-focused approach has only become more relevant. Kashiwagi’s appointment reflects our commitment to serving the needs of today’s business leaders and delivering next generation investment strategies to help individuals achieve better outcomes in retirement" [1].

Kashiwagi expressed his excitement about leading Apollo's efforts in Japan, stating, "We see growing demand for capital that is aligned, durable, and flexible, especially in an environment where investors and issuers alike are focused on long-term outcomes. I believe Apollo is uniquely positioned to support Japan’s transition with a platform that combines global origination capabilities, retirement expertise, equity, and yield-oriented solutions at scale" [1].

References:
[1] https://ir.apollo.com/news-events/press-releases/detail/574/apollo-names-yasuo-kashiwagi-head-of-japan
[2] https://www.stocktitan.net/news/APO/apollo-names-yasuo-kashiwagi-head-of-2z4f2pfngk05.html