More Japanese LPs are betting on red

An expanding pool of Japanese investors have conviction in high-risk distress – a significant development for the country’s LP base.

Japanese institutions aren’t exactly known for high-risk bets. It is noteworthy then, that an increasing number are developing an appetite for distressed opportunities in the US.

Speaking at our Seoul Forum, Yoshi Kiguchi, chief investment officer at Pension Fund of Japanese Corporations said the institution had budgeted this year to raise its allocation to distressed debt to 10 percent, up from 2 percent.