iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announced the launch of a unique multi-strategy private market offering with Resona Bank, a commercial bank in Japan that provides a wide range of services including trust business.
The investment offerings by Resona Bank through iCapital’s platform “are designed primarily for Japanese corporate pensions and include private equity, infrastructure, private credit, and real estate strategies managed by leading global investment firm KKR.”
Mr. Keishi Yamashita, Executive Officer at Resona Bank, said:
“iCapital has demonstrated its long-term commitment to the Japanese market by building local resources and capabilities to support private markets investing for the important segment of our clients. As one of the world’s leading alternative asset managers, KKR is one of a select few alternative investment managers who can provide scaled products across its main private markets asset classes.”
They added:
“Launching this range of investment offerings will allow our clients to explore allocations to private markets, which can help support diversification goals and potentially offer enhanced return and income opportunities. With deep understanding of clients’ actual needs, we are fully committed to providing investment solutions which contribute to their build-up of assets with a long-term horizon, and to carrying out our fiduciary duties.”
iCapital, alongside Resona Bank and KKR, “curated the Japanese Yen-denominated offerings to offer Japanese corporate pensions access to a range of KKR’s main investment verticals across private equity, infrastructure, private credit, and real estate, in a semi-liquid format with a currency hedging solution.”
Mr. Marco Bizzozero, Head of International at iCapital, said:
“This innovative investment offering for the Japanese market powered with iCapital’s technology and solutions marks another important milestone in our global expansion. Resona Bank’s innovative approach to sourcing high-quality investments for its Japanese clients provides a unique opportunity for Japanese corporate pensions. As demand for private market investments from Japanese high-net-worth as well as institutional investors continues to accelerate, the KKR offering will provide Resona’s clients with opportunities to meet their evolving needs for portfolio diversification and returns.”
Mr. Masato Degawa, Chairman of iCapital Japan, said:
“We are delighted to introduce iCapital’s capabilities including our technology platform to Japan, for the first time, through this fund launch. We are excited that iCapital’s highly automated technology platform and operational efficiencies enable both Resona Bank and KKR to offer such unique multi-strategy products to numerous clients leveraging digital workflows and reducing paper-based processes. Going forward, distributors and asset managers will be able to introduce more private markets products with much shorter lead-times in Japan.”
iCapital’s global financial technology platform, analytic tools, and advisor education resources enables distributors, local asset managers and fund managers “to streamline their operational infrastructures to provide institutional investors and high-net-worth investors with a digital investing experience across a broad spectrum of alternative investments.”
