Daiwa JPI Alternative Investments Co.

Name

Daiwa JPI Alternative Investments Co.

Legal name

大和かんぽオルタナティブインベストメンツ株式会社

Website

https://daiwajpi-ai.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Private Markets Fund of Funds (PE / VC / Private Credit FoF) (FSAHAKAF)

akta.pro secondary industries

Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF) (FSAHAKAG), Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI), Secondaries-Focused Fund of Funds (LP / GP-led / Continuation Vehicles) (FSAHAKAH)

Keywords

• Alternative investment management
• Fund placement services
• Institutional investment advisory
• Private equity distribution
• Infrastructure fund management

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Placement Agent / Securities Business: Marketing alternative investment funds as a placement agent, providing regular and tailor-made reporting, and offering structuring services. Revenue generated through placement fees from fund managers and distribution to institutional investors.
2. Investment Management and Advisory Fees: Discretionary investment management and advisory services for alternative investment portfolios. Revenue earned through management fees and potentially performance fees based on assets under management.
3. Financial Advisory Services: Advisory services for M&A, asset acquisition/disposal, equity finance, and debt finance for project companies. Revenue generated through advisory fees.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Daiwa JPI Alternative Investments Co. operates two core divisions for institutional investors. The Securities Business offers fund placement agent services, co-investment opportunities, customized portfolio construction, financial advisory, and secondary market intermediary services for alternative investment funds. The Investment Management and Advisory Business provides discretionary investment management and gatekeeping services, constructing tailored alternative-investment portfolios for pension investors and financial institutions across asset classes such as infrastructure, private equity, credit, hedge funds, aviation, maritime, and forestry.

Product overview

Daiwa JPI Alternative Investments Co., Ltd. (DKAI) is a fully licensed alternative investment firm operating two core divisions: the Securities Business (placement agent, fund distribution, and advisory services) and the Investment Management and Advisory Business (discretionary investment management and gatekeeping). The company distributes a diversified portfolio of alternative investment products including domestic and global infrastructure funds, global and domestic private equity funds, credit funds (direct lending, asset-based finance, credit hedge funds, fund of funds), aviation and maritime funds, forestry and agriculture funds, and hedge fund products. The Securities Business handles fund marketing, co-investment, portfolio customization, and financial advisory, while the Investment Management segment provides discretionary mandates and gatekeeper services primarily to pension funds and financial institutions. Key fund brands include the open-ended MACH OE aircraft fund, RIMOR infrastructure debt funds, Navigare maritime fund, and New Forests Southeast Asian forestry fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Business Fund placement agent, co-investment, customized portfolio construction, financial advisory, and secondary market intermediary services for alternative investment funds, including domestic infrastructure, ship, and aviation fund operations, marketed to financial institutions and non-profit organizations.
• Investment Management and Advisory Business Discretionary investment management and investment advisory services for alternative investment strategies, serving as a gatekeeper to construct tailored portfolios for pension investors and financial institutions.
• Financial Advisory Services One-stop financial advisory covering M&A support, equity and debt financing structuring, and project finance arrangement for clients in renewable energy and real asset sectors, leveraging Mitsui's trading-company real-asset expertise.
• Gatekeeping Services Investment management and gatekeeping services for institutional investors, including portfolio construction, fund analysis, monitoring, and reporting across alternative investment strategies.
• Secondary Market Services

Quantifiable outcome

• AUM of JPY 827.1 billion as of March 2025
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core, major and supporting.

• Mercuria Investment Co., Ltd.coreStrategic or Co-development Partner · 20 May 2026Strategic business alliance with Mercuria Investment Co., Ltd. and Airborne Capital Limited to leverage the Daiwa Securities Group's network for distributing the open-ended aircraft leasing strategy (MACH OE) to Japanese investors. The fund targets approximately JPY 150 billion and completed its first closing on April 30, 2026.
• Airborne Capital LimitedcoreStrategic or Co-development Partner · 20 May 2026Joint establishment of MACH OE, an open-ended aircraft investment fund, marking the first such fund launched by a Japan-based asset manager in the aircraft sector. Airborne Capital serves as the aircraft investment manager with Daiwa JPI Alternative Investments distributing to Japanese investors.
• Development Bank of Japan Inc.majorGTM or Marketing PartnerAnchor investor in the MACH OE open-ended aircraft investment fund, providing significant capital commitment to support the fund's initial closing and investment activities.
• New ForestssupportingGTM or Marketing PartnerSales contract concluded in August 2023 for distribution of Southeast Asian forestry fund managed by New Forests, in which Mitsui & Co. has invested.
• Navigare Capital Partners A/SsupportingGTM or Marketing PartnerParticipation in a maritime investment fund established and operated by Navigare Capital Partners from Denmark in May 2024. The company provides the Navigare Capital Partners Maritime Investment Fund III to Japanese institutional investors.
• Westbourne CapitalsupportingStrategic or Co-development PartnerBusiness alliance established in 2014 with Westbourne Capital for infrastructure debt fund investments. The partnership included MOU signing and subsequent fund activities.
• GE Energy Financial ServicessupportingGTM or Marketing PartnerActed as placement agent supporting fundraising for one of the largest solar energy funds in Japan, structured by GE Energy Financial Services in June 2017.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• StepStone Group: Global private markets investment firm focused on fund of funds, co-investments, and secondaries across PE, VC, real estate, infrastructure, and private credit. Competes for Japanese institutional FoF and secondaries mandates.
• Resona Asset Management: Asset management subsidiary of Resona Holdings, providing institutional investment management including alternatives to pension funds and financial institutions in Japan. Comparable institutional gatekeeping and alternatives distribution model.
• Nomura Asset Management: Japanese institutional asset management arm of Nomura Group offering alternatives products and serving pension funds and financial institutions. Direct competitor in Japan for institutional alternatives distribution, fund placement, and discretionary mandates.
• Hamilton Lane: Global private markets investment manager offering fund of funds, co-investment, and direct investment solutions with significant institutional Japanese investor base. Closest global comparable for PE/VC/Private Credit FoF strategy.
• SPARX Group: Japan-based alternative asset manager operating across multiple strategies including private equity, infrastructure, and hedge funds. Direct competitor in Japanese alternatives market with similar multi-strategy platform and institutional client base.

Broad incumbents

• Mizuho Trust & Banking (Asset Management): Trust banking arm of Mizuho Financial Group offering institutional asset management and alternatives products. Larger incumbent with broader balance sheet and established pension fund relationships across Japan.
• Sumitomo Mitsui Trust Asset Management: Asset management arm of Sumitomo Mitsui Trust Holdings serving Japanese institutional investors with diversified alternatives and traditional strategies. Larger incumbent with deeper balance sheet and broader product offering.
• Cambridge Associates: Global investment advisor providing portfolio management and advisory services to institutional investors including alternatives allocation. Competes for institutional gatekeeping mandates in Japan.
• Mercer Investments: Global investment consulting and management firm offering institutional investment advisory and discretionary mandates including alternatives. Competes with DKAI for Japanese pension fund gatekeeping mandates.

Regional players

• AEW Capital Management: Global real assets investment manager with Japan presence focusing on real estate, debt, and infrastructure strategies. Comparable as infrastructure/real assets alts manager serving Japanese institutional investors.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daiwa JPI Alternative Investments Co.