ORIX Corporation USA Strengthens Asset Management Client Coverage and Distribution With Senior Hires
ORIX Corporation USA (ORIX USA) today announced two recent senior Investor Solutions hires within its Asset Management business as the firm continues to strengthen distribution capabilities for its integrated private markets product offering. The Investor Solutions teams will continue to work alongside ORIX USA’s investment teams to provide its clients with compelling solutions across its broad middle-market focused private credit, real estate and private equity offerings.
Damon G. Krytzer has joined as Managing Director, Co-Head of Investor Solutions, and with Co-Head Jordan Robinson will oversee client coverage and capital raising for the Asset Management business, working to expand the firm’s network of strategic investment partnerships with institutional investors. Mr. Krytzer joins ORIX USA from Probitas Partners, an independent, global placement advisory firm focusing on alternative investment products, where he was Managing Director and Head of Credit. He is based in Park City, Utah, and reports to Charlie Gilroy, Chief Operating Officer, Asset Management.
“In these volatile markets institutional investors are increasingly looking to private investing strategies, and we are uniquely positioned to serve middle market focused clients with an integrated product offering covering private credit, real estate and private equity,” said Gilbert Van Hassel, Senior Managing Director, ORIX USA Group Head of Asset Management. “We seek to leverage our deep capabilities, expertise, and strong track record of originating and investing to create value for our stakeholders. We are pleased to welcome these experienced team members to ORIX USA and look forward to their continued contributions to the evolution of our business.”
In addition, David DeMilt has joined as Managing Director, Investor Solutions, to help grow the team’s business development efforts and increase client and prospect engagement with the asset management platform. Mr. DeMilt joins from Oaktree Capital Management, where he was a Managing Director for Marketing and Client Relations. Mr. DeMilt reports jointly to Mr. Krytzer and Mr. Robinson and is based in the New York office.
“Damon and David have deep product knowledge and experience through many market cycles, in addition to being well connected in the institutional space,” added Mr. Gilroy. “As we continue to focus on expanding our asset management platform by growing our client base, increasing third party capital, and strengthening product connectivity, I am confident that Damon and David will work with our team to deliver invaluable expertise and solutions to meet our clients’ needs.”
ORIX USA recently made several senior appointments within its management team. In November 2022, Mr. Van Hassel was named Senior Managing Director, ORIX USA Group Head of Asset Management, overseeing the execution of the group asset management business strategy and strengthening the integration of product offerings, and was also named to ORIX USA’s Board of Directors. Mr. Van Hassel has been with ORIX USA since early last year and was previously CEO of Robeco, the Rotterdam-based international asset management firm. Robeco is wholly-owned by ORIX Corporation Europe, and holds over EUR 200 billion in assets under management, including EUR 177 billion committed to ESG integration. Additionally, Jeff Abrams, formerly CIO of Asset Management, was promoted to Senior Managing Director, ORIX USA Group Head of Private Credit to oversee the firm’s integrated private credit platform. Mr. Van Hassel and Mr. Abrams were also appointed to ORIX USA’s five-member Executive Committee.
About ORIX Corporation USA (ORIX USA)
Since 1981, ORIX USA has served the middle market with creative and flexible capital solutions, delivering through a capital base that combines the strength of its balance sheet with funds from third-party investors seeking access to attractive alternative investments. With a focus on private credit, real estate and private equity, ORIX USA and its subsidiaries — ORIX Advisers, ORIX Capital Partners, Signal Peak Capital Management, Boston Financial, Lument, NXT Capital and RB Capital — have over 1300 employees across the U.S. and Brazil. ORIX USA and its family of companies have $85.5 billion in assets, which include $27.6 billion of assets under management, $47.3 billion in servicing and administration assets, and approximately $10.6 billion in proprietary assets, as of December 2022. Its parent company, ORIX Corporation, is a publicly owned international financial services company with operations in 28 countries and regions worldwide. ORIX Corporation is listed on the Tokyo Stock Exchange (8591) and New York Stock Exchange (IX).
Select highlightsView all highlights
Reorg: 2023 Middle-Market Outlook: The Rising Role of Sponsors in Restructurings, Interest Rates and Potential for…