Asia Tech Wire (June 3) -- A former Goldman Sachs executive will soon join Yunfeng Capital, the private equity firm founded by Alibaba (9988.HK) founder Jack Ma, according to Bloomberg.

Kei Tanaka, a former Goldman Sachs executive based in Japan, will take up the post later this year and oversee Japan real estate investment at Yunfeng Capital from a base in Tokyo, according to the report.

Yunfeng Capital plans to invest 100 billion yen ($636 million) in Japanese real estate sector.

Founded in 2010 by Ma and David Yu, Yunfeng Capital has invested in companies such as diagnostic services platform Wuxi Diagnostic Investment (Cayman) Ltd. and Chinese bubble tea chain Nayuki Holdings Ltd.

Bloomberg reported earlier that Tanaka recently left Goldman Sachs, where he worked for 17 years. Prior to his departure, he was one of three executives in charge of the asset management division in its Japan securities unit and oversaw real estate investment.