Mr. Kuroda is responsible for Strategic Fund Investments as well as Specific Cross Border transactions.
Mr. Kuroda has more than 25 years of experience in private equity investment in real estate, distressed assets and non-performing loans, as well as in strategic asset management in Tokyo, New York and Los Angeles. Prior to joining Matrix Japan, Mr. Kuroda was Managing Director and Representative of Oaktree Japan, K.K., the Tokyo office of Los Angeles-based Oaktree Capital Management L.P. During his 12-year tenure at Oaktree, Mr. Kuroda’s accomplishments included a high-profiled investment in Japan Rental Housing Investment, Inc. (“JRH”), a Japanese REIT listed on TSE. Mr. Kuroda led the team of professionals who completed the takeover bid on JRH, the first-ever such action completed on a Japanese REIT. Mr. Kuroda also served as Executive Director of JRH and, under Mr. Kuroda’s leadership, JRH’s total assets grew from JPY100 billion to JPY220 billion through a strategic merger with another J-REIT and prudent acquisitions, and the dividend increased more than 2.4 times.
Before Oaktree, Mr. Kuroda worked for two years as Director at Kennedy Wilson Japan Co., Ltd. (formerly KW Investment, K.K.), where he acquired multi-family properties throughout Japan in the aggregate value of over JPY25 billion. Mr. Kuroda’s other professional experience includes two years with KPMG LLP in Los Angeles as Senior Manager, four years with Sumitomo Mitsui Banking Corporation (formerly Sakura Bank) also in Los Angeles, as Vice President, and one year at Kidder Peabody & Co. in New York as Analyst, and his track record comprises, among others, successful turnaround of distressed assets, underwriting and acquisition of non-performing loans in the aggregate UPB of more than USD50 billion.
Mr. Kuroda possesses a broad network of business contacts with investors, real estate companies, investment firms as well as financial institutions in Japan.
Mr. Kuroda has a B.A. degree in Law from Keio University in Tokyo. He then went on to receive his MBA from the State University of New York at Buffalo. He also holds an LL.M. degree from Fordham University School of Law. Mr. Kuroda is a member of the Bar of the State of New York.