Apollo Appoints Shimpei Kanzaki as Managing | U.S. Finance Information
Apollo appointed Shimpei Kanzaki as Managing Director and Head of Japan International Wealth to boost growth in Japan’s wealth market.
Quiver AI Abstract
Apollo has appointed Shimpei Kanzaki as Managing Director and Head of Japan International Wealth, leveraging his over 20 years of expertise in various investments and wealth management. Reporting to Edward Moon, Kanzaki goals to broaden Apollo’s presence in Japan following profitable growth in Hong Kong and Singapore. With a give attention to aligning with buyers and offering entry to personal market methods, Kanzaki plans to forge sturdy partnerships with Japanese distributors. He beforehand held a director place at KKR and has in depth expertise at UBS and Credit score Suisse. Apollo, a world various asset supervisor with round $751 billion in belongings, seeks to boost its choices in Japan.
Potential Positives
- Apollo has strengthened its management in Japan with the appointment of Shimpei Kanzaki, who brings over 20 years of related industry expertise, which is essential for increasing its International Wealth division on this key market.
- The company’s strategic give attention to the Japanese market, following profitable expansions in Hong Kong and Singapore, signifies a strong growth trajectory and an alternative to increase its product choices and partnerships.
- Shimpei Kanzaki’s background at respected corporations corresponding to KKR and UBS provides credibility to Apollo’s wealth management companies, which may improve shopper trust and entice more buyers.
- Apollo’s vital belongings beneath management, totaling roughly $751 billion, place the firm effectively to leverage Kanzaki’s experience in developing tailor-made options for Japanese buyers in search of personal market methods.
Potential Negatives
- Hiring a high-level govt with no point out of prior accomplishments or outcomes on the earlier company (KKR), which can raise considerations concerning the effectiveness and ambition of the recruitment effort.
- There’s no detailed info offered on how the enlargement plans in Japan will probably be executed or what particular methods will probably be employed, resulting in potential skepticism concerning the company’s dedication and strategy on this key growth market.
FAQ
Who’s Shimpei Kanzaki?
Shimpei Kanzaki is the newly appointed Managing Director and Head of Japan International Wealth at Apollo, with over 20 years of industry expertise.
What’s Apollo’s focus in Japan?
Apollo goals to grow its Wealth presence in Japan by increasing its product suite and partnering with Japanese distributors throughout wealth channels.
What’s Apollo’s status in asset management?
Apollo is called a main various asset supervisor with a sturdy observe document in originating investment-grade, yield-oriented belongings.
The place was Kanzaki earlier than becoming a member of Apollo?
Previous to Apollo, Kanzaki was a Director at KKR, main its wealth options business in Japan.
How a lot does Apollo handle in belongings?
As of December 31, 2024, Apollo managed roughly $751 billion in belongings.
Disclaimer: That is an AI-generated abstract of a press release distributed by GlobeNewswire. The model used to summarize this release might make errors. See the complete release right here.
$APO Insider Buying and selling Exercise
$APO insiders have traded $APO stock on the open market 54 instances up to now 6 months. Of these trades, 1 have been purchases and 53 have been gross sales.
Right here’s a breakdown of current trading of $APO stock by insiders over the past 6 months:
- LEON D BLACK has made 0 purchases and 18 gross sales promoting 1,000,000 shares for an estimated $173,477,023.
- JAMES C ZELTER (Co-President (See Remarks)) has made 0 purchases and 15 gross sales promoting 500,000 shares for an estimated $86,950,874.
- SCOTT KLEINMAN (Co-President (See Remarks)) has made 0 purchases and 14 gross sales promoting 500,000 shares for an estimated $86,835,230.
- MARTIN KELLY (Chief Monetary Officer) has made 0 purchases and three gross sales promoting 20,000 shares for an estimated $3,391,062.
- WHITNEY CHATTERJEE (Chief Authorized Officer) has made 0 purchases and a pair of gross sales promoting 6,200 shares for an estimated $1,074,851.
- LOUIS-JACQUES TANGUY (Chief Acct. Off. & Controller) offered 2,500 shares for an estimated $441,250
- MITRA O’NEILL bought 923 shares for an estimated $100,053
To trace insider transactions, take a look at Quiver Quantitative’s insider trading dashboard.
$APO Hedge Fund Exercise
We have now seen 589 institutional buyers add shares of $APO stock to their portfolio, and 447 lower their positions of their most up-to-date quarter.
Listed here are some of the biggest current strikes:
- BLACKROCK, INC. added 10,750,494 shares (+45.7%) to their portfolio in This fall 2024, for an estimated $1,775,551,589
- STATE STREET CORP added 8,187,700 shares (+77.4%) to their portfolio in This fall 2024, for an estimated $1,352,280,532
- MILLENNIUM MANAGEMENT LLC eliminated 4,584,837 shares (-94.7%) from their portfolio in This fall 2024, for an estimated $757,231,678
- GEODE CAPITAL MANAGEMENT, LLC added 3,695,979 shares (+64.6%) to their portfolio in This fall 2024, for an estimated $610,427,891
- VANGUARD GROUP INC added 3,691,700 shares (+8.9%) to their portfolio in This fall 2024, for an estimated $609,721,172
- FRANKLIN RESOURCES INC eliminated 3,538,160 shares (-29.6%) from their portfolio in This fall 2024, for an estimated $584,362,505
- JPMORGAN CHASE & CO added 2,825,061 shares (+151.5%) to their portfolio in This fall 2024, for an estimated $466,587,074
To trace hedge funds’ stock portfolios, take a look at Quiver Quantitative’s institutional holdings dashboard.
Full Launch
TOKYO, March 02, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) right now introduced it has employed Shimpei Kanzaki as a Managing Director and Head of Japan International Wealth. Kanzaki brings more than 20 years’ expertise in various investments, personal markets and the wealth management industry, and can report to Edward Moon, Accomplice and Head of Asia Pacific International Wealth for Apollo.
Moon mentioned, “We are pleased to welcome Shimpei, who brings to Apollo significant industry experience and a proven track record of business building in the Japan wealth market. Following our successful expansion in Hong Kong and Singapore, we look forward to growing in Japan, expanding our product suite and partnering with Japanese distributors across wealth channels.”
Apollo Accomplice and Chief Shopper and Product Growth Officer Stephanie Drescher added, “Japan is a key growth market for Apollo, where we see our disciplined investment philosophy and strong focus on investor alignment resonate with clients. With Shimpei’s appointment, we are thrilled to grow our Wealth presence in Japan to help more clients access private market strategies and the potential excess return and diversification benefits we seek to provide.”
Shimpei Kanzaki, Managing Director and Head of Japan International Wealth at Apollo, mentioned: “Apollo has a strong reputation as a leading alternative asset manager with an established track record originating investment-grade, yield-oriented assets. I am excited to join the firm to introduce our tailored solutions to Japanese investors by building strong partnerships with the leading distributors in Japan.”
Previous to becoming a member of Apollo, Kanzaki was a Director at KKR and head of its wealth options business in Japan, after becoming a member of in 2022. Beforehand, he led the hedge funds product specialist crew at UBS and held senior roles at Credit score Suisse, Mirabaud, and Man Group, specializing in hedge fund methods, portfolio management, and business development.
About Apollo
Apollo is a high-growth, world various asset supervisor. In our asset management business, we search to offer our purchasers extra return at each level alongside the risk-reward spectrum from investment grade credit to personal equity. For more than three a long time, our investing experience throughout our totally built-in platform has served the financial return wants of our purchasers and offered companies with progressive capital options for growth. By way of Athene, our retirement companies business, we focus on serving to purchasers obtain financial security by offering a suite of retirement financial savings merchandise and appearing as a options supplier to establishments. Our affected person, artistic, and educated strategy to investing aligns our purchasers, companies we invest in, our staff, and the communities we affect, to broaden alternative and obtain constructive outcomes. As of December 31, 2024, Apollo had roughly $751 billion of belongings beneath management. To be taught more, please go to www.apollo.com.
Investor and Media Relations Contacts
For buyers please contact:
Noah Gunn
International Head of Investor Relations
Apollo International Administration, Inc.
212-822-0540
For media inquiries please contact:
Joanna Rose
International Head of Company Communications
Apollo International Administration, Inc.
212-822-0491
This text was initially printed on Quiver Information, learn the complete story.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
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