Apollo Global Management’s head of client and product solutions in Japan will step down from his role, affiliate title PERE has learned.
Teppei Kawai’s departure marks an end to his seven-year tenure with the US private equity heavyweight. He was hired to build and manage the firm’s client and product solutions team in Japan.
Kawai was responsible for marketing the firm’s investment vehicles across private equity, private credit and real assets to Japanese institutional investors. He also led the launch of Apollo’s first retail capital business in the country, partnering with a Japanese private bank. This summer, he was involved in the firm and Athene’s $1.5 billion strategic partnership with Japan’s Sumitomo Mitsui Trust Holdings to invest across the alternative asset classes in the country.
PERE understands Kawai will officially leave the firm at the end of the year to pursue new opportunities, according to market sources close to the situation. Meanwhile, it is understood that Apollo is looking for a replacement to fill the void he leaves.
New York-headquartered Apollo is seeking $25 billion for its Apollo Investment Fund X and has raised at least $13 billion of that total, according to PEI data.
This article first appeared in affiliate title PERE
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