ORIX USA today announced the appointment of Michael Kelly as CEO of ORIX USA Asset Management Corporation. Kelly, 42, will be based in New York and will be responsible for ORIX USA’s asset management activities and strategic expansion of the business. In this capacity, he will be focused on enhancing ORIX USA Asset Management’s existing footprint and also expanding the company’s investment activities.
Kelly, an 11-year veteran of FrontPoint Partners with extensive asset management experience, will report to Jim Thompson, Chief Executive Officer of ORIX USA.
“We are very pleased to have Mike Kelly join the ORIX USA team. Asset Management is a high priority initiative for ORIX. Under Mike’s leadership as CEO, we expect to see a substantial increase in growth
said Jim Thompson, CEO of ORIX USA.
“I am very excited to be joining ORIX to help build its asset management capability,” said Mike Kelly. “There are tremendous opportunities today for strategic acquisitions and ORIX’s global footprint and dynamic business model make it uniquely positioned to capitalize on them."
Kelly most recently served as Co-CEO and Chief Investment Officer of FrontPoint Partners, a multi-strategy alternative investment firm he helped build to over $11 billion in assets under management. Kelly joined FrontPoint at the firm's inception in 2001; his roles included leading the manager selection team, acting as head portfolio manager for the $3 billion FrontPoint Multi-Strategy Fund, and spearheading the firm's sale to Morgan Stanley in 2006.
Prior to FrontPoint, Kelly's career history includes several well-known firms including Tiger Management, Omega Advisors and Salomon Brothers.
Kelly graduated from Cornell University and Stanford University Graduate School of Business.
About ORIX USA
ORIX USA is a diversified financial company with over $5 billion of investments in commercial finance, venture finance, commercial real estate, mortgage backed securities, municipal obligations and operating subsidiaries including Houlihan Lokey, Mariner Investment Group and RED Capital Group. Headquartered in Dallas Texas, ORIX USA and its subsidiaries have approximately 1,400 employees, $25 billion of assets managed for others and offices in most major cities including New York, Los Angeles, Milwaukee, Atlanta as well as Hong Kong and Tokyo.