Akaogi joined Sumitomo Life Insurance in 1988. After serving as the company's representative in Beijing, China, he handled investments in Chinese and Southeast Asian listed companies through its Hong Kong unit. Then, after working as an asset manager responsible for Japanese equities and in the investment planning department, Akaogi became the head of equity investments and had overall responsibility for equity investments, including private equity. He joined Ant Capital in March 2008. He became Executive Officer in 2013, and then, became Director in 2015. He has executed direct secondary investments and provided management support to various public and private companies. He also has made secondary acquisitions of fund interests held by institutional investors. He graduated from the Keio University, Faculty of Law. He is a chartered member of the Security Analysts Association of Japan.