Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Oaktree Japan Head Nakamura Said to Resign by Middle of 2013

March 11 (Bloomberg) -- Hiroshi Nakamura, managing director of Oaktree Japan, will resign by the middle of this year, according to a person familiar with the situation.

No replacement will be made, the person said, who asked not to be identified because the information is private. Charlotte Bilney, a Hong Kong-based spokeswoman for Oaktree at public relations company Citigate Dewe Rogerson, declined to comment.

Oaktree owns 45 percent of Japan Rental Housing Investments Inc. through AppleRingo Holdings BV and Ringo Residential, according to a filing to Japan’s Ministry of Finance. The REIT, which manages 177 apartments with 9,924 units throughout Japan, gained 83 percent in the past six months.

Oaktree Japan is a unit of Los Angeles-based Oaktree Capital Management LP, which managed $77.1 billion as of Dec. 31, 2012.

To contact the reporters on this story: Kathleen Chu in Tokyo at kchu2@bloomberg.net; Katsuyo Kuwako in Tokyo at kkuwako@bloomberg.net

To contact the editor responsible for this story: Andreea Papuc at apapuc1@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.