Michael Blum has been named President and CEO of ORIX USA Asset Management, a subsidiary of ORIX USA Corporation.
Blum will be responsible for expanding ORIX’s asset management business and for supporting ORIX’s recent investment in Mariner Investment Group LLC. Mariner will continue to be managed by its existing management team.
Blum joined ORIX in 2009 as Managing Director and Head of Corporate Development & Strategic Opportunities for ORIX USA, a role which will transition to others over the next several months.
”The appointment of Mike as President & CEO of ORIX Asset Management will add value to ORIX’s investment in Mariner and help expand ORIX’s presence in the asset management industry,” says ORIX USA’s CEO Jim Thompson (pictured).
Blum and his team at ORIX USA Asset Management will be based in New York.
“I am both excited and challenged by this new role and look forward to continuing to work closely with Jim at ORIX as well as Bill Michaelcheck and Brace Young at Mariner and their respective teams,” says Blum. “Asset management is an industry with many opportunities for both ORIX and Mariner.”
