Pension Fund Association for Local Government Officials, or Chikyoren, issued a RFP to seek managers to explore opportunities in alternatives, including infrastructure, real estate, private equity and private debt. Chikyoren currently allocates 0.4 percent to alternatives while it has an upper limit of 5 percent for alternative investments.
Chikyoren did not set a deadline for proposal submission. Eligible firms must manage over JPY100 billion of total assets.
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