Apollo Global Management has named Eiji Ueda as Partner and Head of Asia Pacific, marking a key leadership transition as Matt Michelini, who has held the role since 2022, prepares to take on broader responsibilities within the firm next year.
Ueda brings extensive experience from both the public and private sectors, most recently serving as Chief Investment Officer of Japan’s Government Pension Investment Fund (GPIF). Before that, he spent nearly 30 years with Goldman Sachs, where he held senior roles across Tokyo and Hong Kong, including Head of Fixed Income Trading, Head of FICC Japan, and Co-Head of Securities, Asia.
“Asia Pacific is key to Apollo’s next chapter of growth. Fundamental shifts in the region’s economies are creating a surge in demand for not just capital, but for more integrated financial solutions across capital, wealth and retirement,” said Jim Zelter, President of Apollo, welcoming Ueda’s investment expertise and insights to Asia’s evolving needs.
Ueda added that Asia’s demographics, savings base and capital gaps “present one of the most compelling growth arcs in the world”.
Apollo has been steadily expanding its regional footprint, growing its Asia Pacific team from 80 to more than 150 professionals since 2022. It has been active across private investment grade credit, hybrid capital, wealth, retirement and insurance.
The $840-billion asset manager opened a Seoul office late last year and has continued to expand its staff in North Asia.
In July, Apollo won a S$1-billion private credit mandate from the Singapore government, after roping in BlackRock’s former head of APAC private credit, Celia Yan, as partner and head of its hybrid strategy for the region.
