Institutional Investors

Mizuho’s alt arm slates $2.5 billion for overseas hedge funds


Initial focus is on distributing US and European single-manager funds

Mizuho Global Alternative Investments (MGAI) aims to help allocate $2.5 billion from Japanese corporate pensions to overseas hedge funds over the next five years.

The firm, a wholly owned subsidiary of Japan’s Mizuho Corporate Bank, recently launched alternatives distribution services, providing hedge funds and other alternative products to institutional investors in Japan – particularly domestic corporate pensions. It is initially focusing on distributing US and European single-manager funds, thereby helping clients to diversify their portfolio with assets outside of Japan.

After screening about 1,000 US hedge funds, MGAI selected two that will be soon be offered to clients,