Grosvenor hires ex-RREEF Japan head for MD role

Ken Nakajima has joined London-based Grosvenor’s fund management arm for a role charged with growing its Japanese business, particularly in the areas of investor relations, asset management and originating transactions.


Grosvenor, the London-based real estate investment and fund management company, has appointed Ken Nakajima, the ex-Japan head of RREEF to grow its capabilities in Japan.

The company is expected to announce shortly it has hired Nakajima as a managing director. He has been made responsible for investor relations, asset management and originating transactions in the country.

In addition, he has been charged with overseeing the platform’s three existing Tokyo funds focused on residential, retail and office properties.

He will lead a team of more than 15 professionals from Grosvenor’s Tokyo office

Nakajima, has more than 35 years experience in the finance and asset management sectors. Starting his career at Sumitomo Bank, he also worked for Bankers Trust Company before joining Deutsche Bank and its subsidiary RREEF. He has completed more than 40 investments valued at more than $3.5 billion  and was responsible for launching three Japanese real estate funds in partnership with Tokyu Land Corporation.

Morgan Laughlin, Grosvenor Fund Management’s Asia Pacific managing director, has worked closely with Nakajima twice during his time with Bankers Trust and RREEF, periods that evidently encouraged the hire.

Grosvenor had £10.9 billion (€13 billion; $17 billion) of assets under management as at 31 December. Grosvenor Fund Management’s assets constituted £3.9 billion of that, comprising 72 investor partners across 26 funds and separate account mandates.