Kazuya Yuasa joined Cohen & Steers in Tokyo as a senior vice president. Effective Jan. 1, he will become head of Cohen & Steers Japan, the New York-based firm's Japan business.
Mr. Yuasa will succeed Ken Itai, who is retiring at the end of the year, according to a Cohen & Steers' news release Tuesday. Mr. Itai couldn't immediately be reached for comment.
Mr. Yuasa will report to Matthew Pace, Cohan & Steer's head of global relationship management.
Cohen & Steers, focused on listed and private real asset strategies, managed $10.2 billion for Japan-based clients as of June 30, just over 10% of the firm's $87.9 billion in global assets under management.
Mr. Yuasa was a managing director with Wellington Management's Japan business. A Wellington spokeswoman said Mr. Yuasa's role wasn't directly replaced. His responsibilities have been assumed by other members of the firm's client group.
