Fortress expands private wealth team with Europe and Japan hires
Fortress Investment Group is strengthening its private wealth operation outside the US with the appointment of regional heads for Europe and Japan, as the alternative investment manager steps up efforts to attract wealthy investors in international markets, according to a report by Bloomberg.
Fortress Investment Group is bolstering its private wealth division beyond U.S. borders by appointing new regional leaders for Europe and Japan, as the firm intensifies its outreach to affluent investors in overseas markets, according to Bloomberg. Harry Bush will head Fortress' EMEA private wealth team from London, while Yuko Umino will lead the firm's Japanese operations from Tokyo.
Both executives will answer to global co-heads of private wealth solutions Adam Bobker and Nils Wilson. This strategic move marks Fortress' initial effort to establish a dedicated private wealth presence outside the United States, as the company aims to meet the surging demand for access to private markets among high-net-worth investors and their service providers.
Umino brings two decades of experience in wealth management from Pacific Investment Management Co, while Bush has a background at Nuveen, where he contributed to developing the company's UK wealth business focused on private markets.
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