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Alternative Market Briefing

U.S. CTA shop Millburn expands in Japan with new office, country head

Wednesday, May 25, 2011

amb
Barry A. Goodman
From the Opalesque Team:

The $2.4bn Greenwich, Connecticut-based asset management firm Millburn, has expanded its operations in Japan with the opening of a branch office there for its affiliate, Millburn International, LLC, and the hiring of a country manager. The twin moves are aimed at solidifying Millburn’s growing business in Japan.

Seiji Ishii, the new Japan Country Head, took the helm on May 1. He joins Millburn from Wellington International Management, Japan, where he chaired the firm’s Japan Investment Management Committee and was a senior member of Wellington’s Business Management Committee. Ishii’s prior experience also includes his role as Managing Director and Japan Country Head for GAM. He obtained his bachelor’s degree in Economics from Keio University in Japan and additionally holds an M.B.A. from Stanford University.

In a statement, Millburn said Ishii is expected to focus on continuing to build Millburn’s reputation in Japan as a best-in-class systematic global macro CTA manager, and on developing strong relationships with key partners and clients.

"Our establishment in Tokyo reflects our long-term focus on, and commitment to, the Japanese market," said Barry A. Goodman, Executive Vice President of Millburn Ridgefield Corporation.

On April 18, Millburn ......................

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