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Tuesday, July 17th 2018


On July 13th, Chikyoren (Pension Fund Association for Local Government Office = PAL) the second largest public pension funds in Japan with AUM of 23 trillion JPY (217 billion USD), announced that they added private debt for its RFP for alternative investment managers.

There are now four asset classes in alternative are for Chikyoren`s RFP for fund managers- Infrastructure, Real Estate, Private Equity, and Private Debt.

Chikyoren was the first Japanese public pension fund to announce an RFP for alternative investment. Other public pensions and Japanese institutional investors are expected to pursue this approach.

Since 2016, Chikyoren has selected the following asset managers for alternative assets & strategies.

 

Infrastructure

JP Morgan Asset Management (overseas infrastructure)

Mitsubishi UFJ Trust Bank (overseas infrastructure)

Tokio Marine Asset Management (overseas infrastructure)

Mizuho Global Alternative Investments (overseas infrastructure)

Mitsubishi Corporation Asset Management (domestic infrastructure)

 

Real Estate

Resona Bank (domestic real estate)

Nomura Asset Management (domestic real estate)

UBS Asset Management (overseas real estate)

Daiwa Fund Consulting (domestic real estate)

Invesco Asset Management (overseas real estate)

 

Private Equity

Mitsubishi UFJ Trust Bank (domestic private equity)
SMTB (domestic private equity)
 

In our following newsletter, we will further analyse how overseas asset managers can work with Japanese public pensions.For further details about this newsletter and our services, please contact: Yukihiko Ito (yuki@asteriskrealty.jp) / Elizabeth Deakin (elizabeth@asteriskrealty.jp)
To view our past newsletters, please visit our website : http://japanplacementagent.com/en/


About Asterisk Realty & Placement Agency

Asterisk is a private fund placement agency for global alternative in Japan. Through our unique and extensive network of Japanese investors, we support global fund managers in accessing
Japanese and Asian institutional investors (pensions, financial institutions, real estate developers, other business companies, etc.).
We provide access and strategies for overseas fund managers to bridge the gap between them and Japanese investors.

 

Asterisk Inc.,

3-29 Kioicho Gluckheim Suite 2003 , Chiyoda-ku , Tokyo , Japan
Telephone: 03-3263-9909

Email : info@japanplacementagent.com
Website : http://japanplacementagent.com/en/

Type II Financial Instruments Business License The Kanto finance Bureau No.2577
Real Estate License / Governor of Tokyo (2) No.89094

 

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