Institution: Taiyo Life Insurance Company
Headquarters: Tokyo, Japan
Allocation to alternatives: 2.20%
Taiyo Life Insurance Company has committed $10 million to DAIWA Myanmar Growth Fund. The fund is co-managed by Daiwa PI Partners and Daiwa Corporate Investment, and it will invest primarily in fast-growing companies in Myanmar.
As illustrated below, the JPY7.4 trillion ($68.5 billion, €61.2 billion) Japanese insurer has a 1.1 percent target allocation to private equity.