A leadership change at Vanke’s largest shareholder, departures from LaSalle Investment Management and Australian Retirement Trust, and a family succession at a Hong Kong-listed investment holding company feature in this week’s look at personnel moves across Asia Pacific’s real estate industry. A new Japan representative for a global credit manager and a portfolio design appointment at one of Australia’s largest superannuation funds round out the edition.
Xin Jie has resigned as chairman of China Vanke’s parent firm, Shenzhen Metro, after the executive had reportedly been detained by authorities in October of last year. Xin’s departure from the state-owned transit operator was revealed in a filing by the state-owned transit operator cited by Reuters, with no reason given for the personnel move. Shenzhen Metro reported a net loss of RMB 37.5 billion ($5.2 billion) for 2025, attributed largely to Vanke-related impairment losses.
GoldenTree Asset Management has appointed Kentaro (Ken) Takao as its Japan representative and as head of business development for the country, according to an announcement by the firm. The New York-based asset manager, which has around $70 billion in assets under management, said Takao will lead its Japan efforts across opportunistic credit, private credit, distressed debt and emerging market debt strategies. He joins GoldenTree after five and a half years as managing director in the client and product solutions group at Fortress Investment Group and also has previous experience at Oaktree Capital Management and Citi.
Andrew Chan has joined CapitaLand Investment in Hong Kong as a managing director responsible for living sector investment and management of existing assets under the strategy, according to market sources. Chan joins the Singaporean giant after five years with Crystal Investment in Hong Kong, where his team joined with AEW to purchase a Kowloon hotel for student housing in 2021, and in 2024 acquired a pair of Kowloon buildings for student housing conversions.
Adam Donahue has departed LaSalle Investment Management after nearly 16 years, stepping down as senior managing director and head of separate accounts, Asia Pacific, according to his LinkedIn profile. Donahue oversaw the firm’s Asia separate accounts business spanning one-off investments, joint ventures, club deals and programmatic strategies totalling approximately $3.5 billion in assets under management, with a focus on Japan and Australia. His departure follows the recent exit of Asia Pacific co-head Kunihiko (Nick) OkumuraOkumura.
Jody Neale has departed Goldman Sachs in Japan according to people familiar with the matter, after having served as a managing director in the US investment bank’s asset management division since December 2024. Neale previously spent two years as a senior asset manager at Goldman Sachs in Tokyo focused on the firm’s healthcare real estate portfolio, before roles at M&G Real Estate and Conray. Neal has yet to announce a new role.
Anshuman Maheshwary has been promoted to chief executive of the alternates asset management business at Indian wealth and investment group 360 ONE, according to a LinkedIn post. Maheshwary had served as chief operating officer of 360 ONE and its predecessor IIFL Wealth for nearly seven years before stepping into the new role, where he now oversees a private markets platform spanning private equity, private credit, real assets and renewables. 360 ONE’s real assets arm was recently involved in the acquisition of a Chennai business park alongside Mindspace REIT and a Bengaluru transaction with Brookfield India REIT.
HESTA has appointed Kate Misic as head of portfolio design, effective 15 June 2026, according to a statement by the fund. Misic joins the A$100 billion ($72 billion) profit-to-members fund from Telstra Super, where she has been acting chief investment officer since March 2025 and head of alternative investments and real assets since December 2022. Her appointment comes after HESTA last month named Robbie Campo as its incoming chief executive.
Kaisa Capital Investment Holdings has appointed Kwok Hiu Yan as executive director and vice chairperson of the board, according to an announcement to the Hong Kong stock exchange. Kwok is the daughter of Kaisa Group and Kaisa Capital chairman Kwok Yingshing. She has served as vice chairperson of Kaisa Financial Technology Group since February 2023, overseeing investment banking, securities trading, human resources and finance. Kaisa Group was among the first major Chinese developers to default during the 2021 sector debt crisis.
Darryl Burke has departed from Australian Retirement Trust, one of Australia’s largest superannuation funds, after a period of extended leave from his role as as chief risk officer, according to the Australian Financial Review. Burke joined the A$370 billion ($265 billion) fund in March 2025 from Colonial First State, where he had also served as chief risk officer, and also has previous experience at Westpac, PGIM, Standard Chartered and Credit Suisse. CEO Kathy Vincent informed staff of his departure, with a successor yet to be named.
If you know of other Asia real estate professionals changing their jobs, getting promoted or just doing something exciting, please contact us here at Mingtiandi.
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