Manager Registration System (Alternative Assets: In-House Investment)

GPIF has introduced "Asset Manager Registration System for Alternative Assets" to have more flexibility on Manager Selection.

This system has applied only to discretionary investment management scheme, and doesn't apply to GPIF's direct investment in LPS as a separate investment strategy.

Fund of Funds products, to be established as Separate Managed Account especially for GPIF, for the following assets.

This product is to invest in the portfolio of alternative investment funds through a separately managed account for GPIF.

・Global
Investment Style: Diversified investments in Private Equity funds
Region: Global

・Japan Dedicated
Investment Style: Diversified investments in Private Equity funds
Region: Japan

・Global
Investment Style: Diversified investments in Infrastructure funds
Region: Global

・Japan Dedicated
Investment Style: Diversified investments in Infrastructure funds
Region: Japan

・Global -Core
Investment Style: Diversified investments in mainly Core-type Real Estate funds.
Region: Mainly developed countries (in principle excluding Japan)

・Japan -Core
Investment Style: Diversified investments in mainly Core-type Real Estate funds.
Region: Japan

This product is to invest in the portfolio of alternative assets through either a separately managed account or a commingled fund.

・Japan -Core
Investment Style: Core (including Build-to-Core program)
Region: Japan

When new RFP for other alternative assets is called, announcements would be posted on GPIF website and other media.

Ⅱ. Qualification of Asset Managers for Application