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Japan $87 Billion Innovation Fund Ramps Up Alternative Focus

  • Fund hires Tadasu Matsuo as head of alternative investments
  • Riskier asset class to have ‘sizable’ weighting in fund
Masakazu Kita 

Masakazu Kita 

Source: Japan Science and Technology Agency

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Japan’s 10 trillion yen ($87 billion) innovation fund designed to support cutting edge research is boosting its focus on alternative investments as it nears its launch.

“I can’t say a specific number,” said chief investment officer Masakazu Kita in an interview Wednesday. “But alternative assets should be of a certain amount, it should have a sizable weighting.”