Pension Fund Association
Japan's Chikyoren awards overseas PE mandate
Japan’s Pension Fund Association for Local Government Officials (Chikyoren) has awarded an overseas private equity mandate to Sumitomo Mitsui Asset Management.
Japanese LPs emphasize portfolio diversification - AVCJ Forum
Diversification – by vintage, geography, and strategy – is the priority for Japan’s largest institutional investors as they develop their private equity programs, but they accept that portfolio-building can be challenging.
Asia Pacific pension fund assets hit $3.7t
Assets held by the largest pension funds and sovereign wealth funds in Asia Pacific increased 7% year-on-year – outpacing the global growth rate of 6.1% - to $3.7 trillion in 2016 on the back of strong, though volatile, equities markets.
Japanese LPs' PE programs slowed by internal resistance - AVCJ Forum
Japanese institutional investors are increasingly interested in private equity, but investment programs are often slow to get off the ground due to an innate aversion to risk among internal stakeholders.