Pacific Alliance names head of Tokyo office, new division

Anthony Miller, known for steering Carlyle's charge into Asia, will lead Pacific Alliance Japan in investing in Japan’s real estate, distressed debt and private placement markets.

Asian alternative investment firm Pacific Alliance Group has appointed Anthony Miller as president and chief executive officer of Pacific Alliance Japan, a newly formed unit of the firm. 

Presently, Miller is the president of Ramius Japan, the Japanese operations of alternative investment firm Ramius. Previously, he was a managing director at ARKaccess, an electronic trading company, as well as head of the Carlyle Group's Hong Kong office.

Miller will assume the new role beginning in July, which is also when Pacific Alliance Japan opens its Tokyo office. Pacific Alliance Japan will make investments in Japan’s real estate, distressed debt and private placement markets, the firm said in a statement.

The appointment follows Pacific Alliance’s partnership struck with Secured Capital Japan in March, as part of which Pacific Alliance said it will buy up to ¥4.5 billion ($47 million; €33 million) in convertible bonds from Secured Capital Japan. It will also form a strategic alliance with the real estate investment firm to co-invest “in prudent real estate opportunities and distressed debt over the next several years in Japan and Greater China”.

Miller and Jun Daikuhara, chairman of Pacific Alliance Japan, will sit on Secured Capital Japan’s board of directors. He is also a member of Secured Capital Japan’s investment committee.

Miller has previously worked with Pacific Alliance as an “outside director” and as a member of the investment committee for the firm’s Pacific Alliance Asia Opportunity Fund, according to Chris Gradel, the firm’s managing director.

Founded in 2002, Pacific Alliance Group invests across private equity, real estate and absolute return strategies. It manages assets of more than $4 billion and has offices in Shanghai, Beijing, Hong Kong, Hangzhou and Tianjin.