GoldenTree Asset Management LP, an institutional global asset management firm 
that specializes in opportunities across the credit universe, today announced 
the opening of a branch in Tokyo, Japan. The firm also announced that Taro Ueda 
will be joining GoldenTree as a Managing Director and will lead the new 
office.  Mr. Ueda joins GoldenTree from Wellington, where he was most recently 
Managing Director, Relationship Manager for Japanese Institutional Investors.  

GoldenTree's new Tokyo office underscores the firm's latest expansion in the 
Asia-Pacific region.  In September 2017, the firm opened an office in Sydney 
and a Singapore office was opened five years ago. A number of GoldenTree's 
institutional clients are located in the region.   

"We are pleased to establish an on-the-ground office in Tokyo.  Japan has been 
a key market for GoldenTree for some time and we believe investors will gain 
significant benefits from our new office," said Kathy Sutherland, Partner and 
Head of Business Development at GoldenTree. "We have known Taro for years and 
he has exemplary relationships in Japan along with extensive credit markets 
experience. We welcome him to our team and look forward to his contributions."

"GoldenTree, with its long history of serving institutional clients in the 
investment management business, is widely recognized as a leader in the global 
credit markets," said Mr. Ueda.   "I am honored to join Kathy and the team to 
help further build our partnerships in Japan and the surrounding region."

Previous to joining GoldenTree, Taro Ueda spent over 25 years working both in 
sell side and buy side positions in the Japanese financial industry.  Mr. Ueda 
joined Mitsubishi UFJ Trust and Banking Corporation in 1993 and helped 
establish the firm's alternative investment program.  In 2005, he joined 
JPMorgan Securities Japan with product management responsibilities focusing on 
CLO and Credit related fund products. Most recently, Mr. Ueda was a member of 
Wellington Management's relationship management team responsible for providing 
solutions to financial institutions in Japan with strong focus on Credit and 
Alternative strategies. Mr. Ueda is a graduate of Waseda University and has his 
MBA from the University of California, Los Angeles.

About GoldenTree 
GoldenTree is an employee-owned, global asset management firm that specializes 
in opportunities across the credit universe in sectors such as high yield 
bonds, leveraged loans, distressed debt, structured products, emerging markets, 
private equity and credit-themed equities. GoldenTree was founded in 2000 and 
is one of the largest independent asset managers focused on global credit. 
GoldenTree manages over $30 billion for institutional investors including 
leading public and corporate pensions, endowments, foundations, insurance 
companies and sovereign wealth funds.  For more information, please visit 
www.goldentree.com

SOURCE: GoldenTree Asset Management

CONTACT: Investors: Kathy Sutherland, GoldenTree Asset Management, 
212-847-3455, ksutherland@goldentree.com; Media: Steve Bruce and Mary Beth 
Grover, ASC Advisors, 203-992-1230, sbruce@ascadvisors.com, 
mbgrover@ascadvisors.com