West Japan Machinery Pension Fund to decrease PE allocation in light of Covid-19

The Japan-based private pension fund will decrease its private equity allocation to 15%.

Institution: West Japan Machinery Pension Fund
Headquarters: Okayama, Japan
AUM: JPY20.00bn
Allocation to Alternatives: 23.0%

West Japan Machinery Pension Fund plans to reduce its current allocation to private equity, a contact at the institution informed Private Equity International.

The ¥20 billion ($186.25 million; €170.32 million) Japan-based private pension fund will reduce the proportion of its investment portfolio allocated to private equity from 20 percent to 15 percent in response to the impact of Covid-19.

As illustrated below, West Japan Machinery Pension Fund allocates 23.0 percent of its investment portfolio to alternative investments.

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