Japan's ¥158.6 trillion ($1.43 trillion) Government Pension Investment Fund is looking to hire alternatives investment professionals with experience in private equity, venture capital, infrastructure and real estate.
A posting Monday on the Tokyo-based pension fund's website called on interested applicants with more than three years of experience as:
- Private equity or infrastructure fund limited partners or general partners.
- Infrastructure fund investors, providers of finance for infrastructure or managers of infrastructure.
- Investors, either direct or through funds, or managers of global real estate.
- Investors, either direct or through funds, of domestic real estate.
Details on the application process can be found, in Japanese, on the GPIF website.
The GPIF's latest results for the quarter ended June 30 showed the pension fund still at the beginning stages of its push into alternatives strategies. While allocations to alternatives rose roughly ¥60 billion from the end of March, that still left the fund with a mere 17-basis-point weighting, well below the 5-percentage-point ceiling allowed under the GPIF's asset allocation targets.