31/Jan/2020 – Akebono Asset Management Ltd., the alternative investment management company managing the secondary strategy (“Akebono”) in Japan, announced its capital alliance with Asuka Asset Management Co., Ltd. (“Asuka”), a pioneer of hedge fund manager in Japan, through the acquisition and third-party allotment of a part of Akebono’s shares by Asuka.
Details of the alliance
Akebono provides solutions to asset management issues for domestic and overseas investors through its low liquidity asset secondary strategy. Through a partnership with Asuka Asset Management, a long-time leader in Japan’s alternative asset management industry with a focus on hedge funds and engagement investment, a role will be created as a pilot in Japan’s unique alternative asset management environment that can handle everything from private assets to public assets.
Asuka is an independent asset management company, specialising in alternative investments. Originally established by Japanese investment professionals as the Japan office of Tudor Investment Corporation, it changed its name to the current Asuka Asset Management Co., Ltd in July of 2002 after an MBO in order to become a pioneer of Japanese hedge fund houses. Employing its investment philosophy of “Avoiding Event Risk”, Asuka provides various alternative investment funds, namely its Japanese Equity Long/Short Strategy, Value-Up Strategy, and its Insurance-Linked Strategy.
Address: Uchisaiwaicho Daibiru Building 6th Fl.,
1-3-3 Uchisaiwaicho, Chiyoda-ku, Tokyo 100-0011
President: Toshihiro Hirao
Akebono is an investment management company in Japan, and a niche player of secondary strategies in the Japanese illiquid asset space, such as interests to private equity funds and venture capital funds. Akebono is managing the Cayman Islands domiciled funds, Ariake Secondary Funds, and Japanese funds, to provide various opportunities of asset liquidation to investors/asset owners.
Address: Premium Office Kojimachi, 2-10-2 Kojimachi, Chiyoda-ku, Tokyo 102-0083 Japan
CEO: SHIRAKI, Shin
For further inquiries
Akebono Asset Management Ltd.
Contact: Hiraku Kawakami
Asuka Asset Management Co., Ltd.
Contact: Kosuke Noda