Justin Takao
About Justin Takao
Justin Takao, age 44, was appointed Treasurer, Chief Accounting Officer (CAO) and Chief Financial Officer (CFO) of KKR Income Opportunities Fund (KIO) effective November 1, 2025. He joined KKR Credit Advisors (US) LLC in 2021 and serves as a Principal supporting controllership teams; prior roles include senior audit manager in KPMG’s real estate division and senior accounting roles at W. P. Carey Inc. He holds a B.B.A. in Accounting from the University of Hawaii at Manoa and is a CPA in California, Washington, and Hawaii. Given the recency of his appointment, there are no performance attribution metrics (e.g., TSR under tenure) yet attributable to his leadership at KIO .
Past Roles
| Organization | Role | Years (disclosed) | Strategic impact |
|---|---|---|---|
| KKR Credit Advisors (US) LLC | Principal (accounting/controllership support) | 2021–present | Supports Adviser’s controllership teams; senior finance oversight experience |
| KPMG US (Real Estate Division) | Senior Audit Manager | Not disclosed (pre-2021) | Audited real estate entities; technical GAAP/ICFR expertise |
| W. P. Carey Inc. | Senior accounting roles | Not disclosed | Public real estate/asset management accounting experience |
External Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| None disclosed in reviewed SEC filings | — | — | — |
Fixed Compensation
No officer-level cash compensation details (salary, target/actual bonus) for Fund officers are disclosed in the latest proxy; the proxy provides compensation solely for Independent Trustees and lists officers without compensation tables.
| Component | FY2024 | FY2025 | Notes |
|---|---|---|---|
| Base salary | Not disclosed | Not disclosed | Proxy discloses Trustee fee schedule/amounts but no officer pay table |
| Target bonus % | Not disclosed | Not disclosed | Not in proxy or appointment 8‑K |
| Actual bonus | Not disclosed | Not disclosed | Not in proxy or appointment 8‑K |
Reference points: Officers of the Fund are listed with roles; compensation detail is presented only for Independent Trustees (retainer/meeting fees and aggregate amounts) .
Performance Compensation
No equity award schedules (RSUs/PSUs), option grants, or performance metric frameworks are disclosed for Fund officers. Mr. Takao’s initial Form 3 reports only common share holdings and no derivative securities.
| Incentive type | Grant date | Amount/terms | Performance metric | Payout/vesting |
|---|---|---|---|---|
| RSUs/PSUs | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Stock options | Not disclosed | None reported on Form 3 (Table II blank) | — | — |
| Cash STI/LTI | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial ownership (common) | 20,404.39 shares, Direct (D), per initial Form 3; event date 11/01/2025 |
| Derivative securities | None reported (Form 3 Table II empty) |
| Ownership as % of shares outstanding | Not disclosed |
| Shares pledged as collateral | Not disclosed |
| Group ownership context | As of Jan 31, 2025, Nominees, Trustees, and officers of the Fund as a group owned less than 1% of outstanding shares |
Employment Terms
| Term | Disclosure |
|---|---|
| Effective date and roles | Appointed Treasurer, CAO and CFO effective Nov 1, 2025; to serve until successor duly elected/qualified or resignation/removal |
| Employment agreement/term | Not disclosed in appointment 8‑K |
| Severance/Change‑of‑Control (CoC) | Not disclosed in appointment 8‑K or proxy |
| Clawback/ownership guidelines | Not disclosed in reviewed filings for officers |
| Section 16 filing delegation | Power of Attorney executed Oct 22, 2025 naming Michael Nguyen and Lori Hoffman as attorneys‑in‑fact for Forms 3/4/5 and EDGAR administration; POA effective until no longer required |
Governance and Context
- Officers of the Fund are listed with roles and business addresses; the proxy provides detailed compensation only for Independent Trustees (retainer, meeting and committee fees), not officers .
- As of Jan 31, 2025, Trustees/Nominees and officers as a group held less than 1% of outstanding shares (context for overall insider alignment at the Fund level) .
Investment Implications
- Alignment and selling pressure: Initial insider position is modest (20,404.39 common shares) with no derivative positions reported, implying limited forced selling pressure from vesting/options in the near term; monitor Forms 4 for any open‑market purchases/sales and changes in direct ownership .
- Compensation transparency and retention: Officer compensation terms are not disclosed at the Fund level; investors should watch for any future 8‑K Item 5.02 filings that specify compensatory arrangements (e.g., severance/CoC) or any notable changes in related-party/adviser arrangements in proxies .
- Execution risk: Mr. Takao’s background in public‑company real estate accounting and audit should support financial reporting, NAV, and control rigor; track audit committee commentary and any changes in audit findings or internal control disclosures for leading indicators of execution quality .
- Monitoring list: (i) Section 16 activity (Form 4s) for trading signals; (ii) proxy disclosures for any officer ownership guidelines or pledging policies; (iii) any 8‑K 2.02 or 5.02 updates around fiscal closes; (iv) expense ratio trends and audit committee reports as indirect markers of controllership effectiveness .