GoldenTree Asset Management Hires Head of Business Development in Japan

NEW YORK--(BUSINESS WIRE)--GoldenTree Asset Management (“GoldenTree”), a global asset management firm with approximately $70 billion in assets under management, today announced the hiring of Ken Takao as Principal and Head of Business Development in Japan. The newly created role is based in GoldenTree’s Tokyo office. Mr. Takao will also serve as a Representative in Japan, and will report to Kathy Sutherland, GoldenTree’s CEO. He 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.

Kathy Sutherland said, “Over the last two decades, the Japanese have been important investors in our funds and 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.”

Ken Takao noted, “GoldenTree has a 25-year track record of delivering differentiated returns through a disciplined and time-tested approach to value investing across the credit universe. As Japanese investors continue to optimize their portfolios and diversify exposure across credit, I am honored to broaden and deepen the dialogue with investors locally. GoldenTree first established a local presence in Japan almost 10 years ago, and I look forward to collaborating with the team to further strengthen the business and support our clients’ investment objectives. I am confident GoldenTree’s performance-driven philosophy and commitment to investment excellence will enable the firm to continue to grow with Japanese investors.”

About GoldenTree Asset Management

GoldenTree is an employee-owned, global asset management firm that specializes in opportunities across the credit universe in sectors such as high yield bonds, leveraged loans, private credit, distressed debt, structured credit, emerging markets, real estate, private equity and credit-themed equities. GoldenTree was founded in 2000 by Steven Tananbaum and is one of the largest independent, global credit asset managers. GoldenTree manages approximately $70 billion for institutional investors, including leading public and corporate pensions, endowments, foundations, insurance companies and sovereign wealth funds. GoldenTree has over 320 employees, with offices in New York, West Palm Beach, Charlotte, Newport Beach, Dallas, London, Dublin, Munich, Singapore, Sydney, Tokyo and Dubai.

For more information, please visit www.goldentree.com.