Yarra Capital Management has appointed a former head of BlackRock Japan as a senior adviser to its business.

Masato Degawa has joined the board of Yarra Capital Management as a non-executive director and senior adviser for Japanese assets.

Yarra Capital has continued to build out its board after the business was formed following a management buyout of Goldman Sachs Asset Management in January.

Dion Hershan, the managing director of Yarra Capital, described the Asia-Pacific region, and Japan in particular, as being “extremely important” for the business.

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