The ¥21.8 trillion ($197 billion) Pension Fund Association for Local Government Officials, or Chikyoren, awarded an international private debt mandate to BlueBay Asset Management International — the local arm of London-based BlueBay Asset Management — and a domestic private equity mandate to Tokyo-based Alternative Investment Capital.
Tokyo-based Chikyoren posted the announcement on its website May 17.
The organization didn't provide further details on its mandate.