A record number of Japanese investors are putting their money into domestic private credit deals, according to a report by Bloomberg. The report cites data from Prequin on these dealings.
According to the report, an unprecedented 236 limited partners — including pension funds, insurers and regional banks — have provided money to private capital managers this year through September, more than triple the level of 2017.
Japan’s private credit deals remain relatively small, typically in a range of about JPY30 to JPY70 billion ($200m-$480m), of which lending makes up around JPY3 to JPY10 billion, according to the report.
