Dan has over 30 years of experience in the Japanese real estate market, as an investor and investment
banker. Prior to joining GreenOak, a BentallGreenOak predecessor firm, Dan founded and led GTO
Capital Management, an investment firm where he advised and co-invested with clients in the
United States and Japan. Previously, as Chief Investment Officer for Japan for Aetos Capital Asia,
he led a Tokyo-based real estate team of over 100 professionals and grew assets under management
by over $6 billion. Klebes started his career in 1987 at Goldman Sachs and spent 10 years as a real
estate investment banker in Tokyo and New York. In 1997, he founded Goldman Sachs’ Japanese
Real Estate Principal Investment Area, where he led the acquisition of over $5 billion of Japanese
real estate-related investments and helped build Goldman’s property investment and asset
management operations from startup to over 200 professionals.
Dan holds a bachelor’s degree from Georgetown University’s School of Foreign Service and a
master’s degree in East Asian Studies from Stanford University. He has lived in Japan for more than
15 years and is fluent in Japanese.