New York-based Apollo Global Management has seen a senior fundraising exit in Japan, as Takeshi Tsubota, head of the firm’s institutional client group for Japan, departs, according to a report by Private Equity International citing unnamed sources familiar with the matter.
Tsubota, who joined Apollo in June 2023 to lead Japanese fundraising, was previously a managing director at Oaktree Capital Management in Los Angeles and held roles at PIMCO. His next steps remain unclear. Apollo reportedly declined to comment.
Apollo ranks 21st globally by private equity fundraising over the past five years and eighth for private debt, with $48.7 billion raised, according to the PEI 300 and PDI 200. The firm has been expanding its Japan and broader Asia-Pacific presence in recent years, focusing on private wealth, insurance, and institutional clients.
Recent strategic hires include Eiji Ueda, ex-CIO of Japan’s Government Pension Investment Fund, appointed head of Asia-Pacific in October, and Yasuo Kashiwagi, formerly of Mitsubishi UFJ Trust and Banking, as head of Japan. The firm also strengthened its private wealth team with Shimpei Kanzaki, ex-KKR, and Jeffrey Wong, appointed APAC head of family office in Hong Kong.
