AIG Ramps Up Japan Alts. Biz

Sep 15 2008 | 1:10pm ET

AIG Investments has appointed Michael Chae as director of alternative investments in Japan responsible for the execution of the firm’s private equity and distressed securities investments in the region.

He will work out of the firm’s Tokyo office and will report to Stewart Homler, managing director, alternative investments Japan.

Prior to joining AIG Investments, Chae was a director in Nikko Citi’s fixed income group. He has also served as a director with Deutsche Asset Management’s Asia-Pacific private equity group, focusing on both direct and fund-of-funds investments. 

"We are expanding our alternative investment capabilities in Japan as we develop a ‘one-stop’ alternatives platform for AIG Investments’ global client base," said Homler. "Michael’s investment experience in alternatives and extensive local network will greatly strengthen this effort and help accelerate the expansion of our Japan investment office."


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