Key Takeaways
- • Ontario Teachers' Pension Plan (OTPP) has appointed Olivia Steedman to oversee investing and portfolio management across Asia Pacific, effective 1 January 2027, in addition to her current role as head of Teachers' Venture Growth.
- • Steedman will relocate to Singapore as executive managing director of Teachers' Venture Growth and head of Asia Pacific, according to an OTPP press release.
- • PGIM named Ryuji Katayama head of Japan real estate, effective October, with Katayama reporting to David Fassbender, PGIM's Asia Pacific head since July.
- • Penny Ransom is stepping down as chief executive of investment management at Lendlease but will remain chairperson of the manager of Lendlease Global Commercial REIT, per a Singapore Exchange announcement.
- • Victorian Funds Management Corporation will see Georgina Bishop promoted to head of property in late October, succeeding Pete King after 18 years.
Summary
Ontario Teachers' Pension Plan has expanded the remit of Olivia Steedman, who has led its Teachers' Venture Growth venture capital and growth equity arm since 2019. From 1 January 2027, she will add oversight of investing and portfolio management across Asia Pacific, according to a firm press release. Steedman will move to Singapore as executive managing director of Teachers' Venture Growth and head of Asia Pacific. She joined OTPP in 2002 as a founding member of its infrastructure and natural resources group.
PGIM, the asset management arm of Prudential Financial, has named Ryuji Katayama head of Japan real estate, effective October, according to a press release. Based in Tokyo, Katayama was most recently deputy head of Japan for real estate. He joined PGIM in 2012 from ORIX, where he handled direct real estate equity investments and non-performing loan transactions. He remains portfolio manager for the firm's Asia Pacific value-add and Japan-focused strategies and reports to David Fassbender, who became PGIM's Asia Pacific head in July.
In Australia, Penny Ransom will step down as chief executive of investment management at Lendlease, according to an announcement to the Singapore Exchange. She will remain chairperson of the manager of Singapore-listed Lendlease Global Commercial REIT, a role she assumed in June. Ransom joined Lendlease in 2022 from Investa Property Group and became its chief investment officer in 2024, according to her LinkedIn profile.
Other moves highlighted in the same week include Yu Ichikawa's appointment as executive director and chief investment officer of KDX Kolet REIT, a Kenedix-sponsored single-family rental J-REIT due to list on the Tokyo Stock Exchange on 25 November. Ichikawa also heads the REIT division at manager Kenedix Real Estate Fund Management. Victorian Funds Management Corporation's head of property, Pete King, is leaving after 18 years, with Georgina Bishop taking over in late October.
PGIM, the asset management arm of Prudential Financial, has named Ryuji Katayama head of Japan real estate, effective October, according to a press release. Based in Tokyo, Katayama was most recently deputy head of Japan for real estate. He joined PGIM in 2012 from ORIX, where he handled direct real estate equity investments and non-performing loan transactions. He remains portfolio manager for the firm's Asia Pacific value-add and Japan-focused strategies and reports to David Fassbender, who became PGIM's Asia Pacific head in July.
In Australia, Penny Ransom will step down as chief executive of investment management at Lendlease, according to an announcement to the Singapore Exchange. She will remain chairperson of the manager of Singapore-listed Lendlease Global Commercial REIT, a role she assumed in June. Ransom joined Lendlease in 2022 from Investa Property Group and became its chief investment officer in 2024, according to her LinkedIn profile.
Other moves highlighted in the same week include Yu Ichikawa's appointment as executive director and chief investment officer of KDX Kolet REIT, a Kenedix-sponsored single-family rental J-REIT due to list on the Tokyo Stock Exchange on 25 November. Ichikawa also heads the REIT division at manager Kenedix Real Estate Fund Management. Victorian Funds Management Corporation's head of property, Pete King, is leaving after 18 years, with Georgina Bishop taking over in late October.
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