Japan’s GPIF eyes private equity investments

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Japanese flag poleJapan’s $1.26tn Government Pension Investment Fund (GPIF) is looking to make private equity investments, it has emerged.

GPIF is currently in talks with private equity firms to increase its exposure to alternative assets, Reuters cited the head of the fund’s research department as saying.

He added that GPIF’s idea is “to treat alternatives as an independent asset class”.

Earlier this year the fund teamed up with Canada’s Ontario Municipal Employees Retirement System and Development Bank of Japan to invest in infrastructure.

GPIF and DBJ will contribute $2.5bn to the co-investment partnership, which will use the expertise of OMERS’ investment units including Borealis Infrastructure.

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