DALLAS--(BUSINESS WIRE)--ORIX USA Corporation, the U.S. and Latin America business hub for ORIX Corporation (ORIX), announced today that it will change its name to ORIX Corporation USA (ORIX USA) to better reflect its position within the company and expand ORIX’s global presence. ORIX is a leading international financial services firm with operations in 38 countries and regions.
Operating in the U.S. for more than 35 years, ORIX USA provides investment capital and asset management services to clients in the corporate, real estate, municipal and energy sectors. The team is comprised of over 900 employees spanning more than 30 offices across the U.S. and Brazil, while holding $8 billion of assets and managing an additional $40 billion, approximately.
ORIX USA has a number of subsidiaries that each bring a unique expertise to the organization, including Boston Financial Investment Management, Lancaster Pollard and RED Capital Group, which fall under the ORIX Commercial Mortgage Servicing umbrella; Mariner Investment Group, for which ORIX USA is a majority owner; and RB Capital, a Brazilian capital markets and asset management platform acquired by ORIX USA in 2016. The subsidiaries will not be impacted by the name change.
In January 2018, ORIX also renamed its group company in the Netherlands from Robeco Groep N.V. to ORIX Corporation Europe N.V., further demonstrating the company’s role as an international brand with operations around the globe.
The ORIX Corporation USA name will become effective June 1, 2018.
About ORIX USA:
Since 1981, ORIX USA has provided innovative capital solutions that clients need to propel their business to the next level. Based in Dallas, ORIX USA has a team of over 900 employees spanning more than 30 offices across the U.S. and Brazil. ORIX USA and its family of companies offer investment capital and asset management services to clients in the corporate, real estate, municipal and energy sectors, while holding $8 billion of assets and managing an additional $40 billion, approximately. Its parent company, ORIX Corporation, is a Tokyo-based, publicly owned international financial services company with operations in 38 countries and regions worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York Stock Exchanges (IX). For more information on ORIX USA, visit www.orix.com.
ORIX Corporation (TSE: 8591; NYSE: IX) is an opportunistic, diversified, innovation-driven global powerhouse with a proven track record of profitability. Established in 1964, ORIX at present operates a diverse portfolio of businesses in the operations, financial services and investment spaces. ORIX’s highly complementary business activities span industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services. ORIX has also spread its business globally by establishing locations in a total of 38 countries and regions across the world. Through its business activities, ORIX has long been committed to corporate citizenship and environmental sustainability. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of March 31, 2018)
Caution Concerning Forward-Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2017 – March 31, 2018.”