People Moves

StormHarbour broadens Asia footprint with Tokyo office


US-based StormHarbour Partners, a global structured products advisory firm, has opened a broker-dealer operation in Tokyo.

The business, called StormHarbour Japan, is headed by CEO Michimasa Naka, formerly deputy president and head of global investor sales for Citigroup Global Markets Japan.

StormHarbour specialises in analysing, valuing and selling complex structured products for hedge funds and other investors. It also sells, trades and structures debt products, including investment-grade debt, distressed debt and pooled asset-backed securities.

Naka believes that the firm will play a notable role in Japan’s financial market by providing issuers and institutional investors with a range of