The private and public credit offerings of global financial services firm Nomura will operate under a new single brand in the US and wider Americas region.
The collective asset and investment management capabilities of the firm’s Americas region will be integrated under Nomura Capital Management, a subsidiary of Nomura Holding America.
The new entity will incorporate the private credit business of the discontinued Nomura Private Credit and the public credit business of Nomura Corporate Research and Asset Management, which will continue independently as a boutique credit boutique.
Nomura has been active in the US investment management market for fifty years, and the creation of NCM is part of a strategy to grow the investment management business to provide a larger share of the global group’s overall results.
“The Americas represent a very important market for Nomura and the creation of NCM allows us to maximize our efforts to further grow our investment management business and provide our clients with more investment strategies and choices over time,” said Yoshihiro Namura, senior managing director of Nomura Holdings, Inc., and head of investment management.
Robert Stark, previously CEO of Nomura Private Capital business, becomes CEO of NCM while continuing as head of investment management in the Americas.
“NCM was created to tap into growing demand from U.S. institutional and intermediary investors for credit market expertise. The alignment of our capabilities and more than 30 years of deep experience in U.S. asset management shows Nomura Group’s commitment to further grow and strengthen its investment management business globally,” said Stark. “NCM will play a major role delivering value to clients in both public and private credit markets in the Americas.”
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