News: Akebono, Asuka and Aizawa form new alternative investment manager

Shinichiro Shiraki

Shinichiro Shiraki

 

In Tokyo, Akebono Asset Management is merging with Asuka Asset Management to become Aizawa Asset Management from 1st February 2021. Asuka was originally established as the Japan office of Tudor Investment Corporation. The new firm’s ambition is to become the best alternative asset management company in Japan. The management team of the merged company is based on the management team of Asuka and Naoi Niijima of Aizawa Securities will be invited as a director of the merged company. Akebono’s CEO and CIO Shinichiro Shiraki (pictured above), a former Chairman of AIMA Japan, will be appointed as the representative director and president. Toshihiro Hirao, Representative Director and President of Asuka, will be the director and chairman and also serve as the new firm’s chief investment officer.