– Sumitomo Mitsui Trust Bank (SMTB) and Hunter Point Capital (HPC) announced a long-term strategic partnership focused on expanding access to alternative investment solutions in Japan.
– SMTB is Japan’s largest trust bank, while HPC specializes in strategic capital and partnership solutions for alternative asset managers.
– The collaboration will allow Japanese investors to gain exposure to stakes in a portfolio of high-quality, category-leading alternative asset managers.
– SMTB will deepen engagement with HPC’s global network of general partners and institutional investors to enhance differentiated investment offerings for clients in Japan and internationally.
– With HPC’s support, SMTB plans to explore launching a Japan-focused GP stakes strategy targeting the growing market of independent asset managers in Japan.
– The initiative aims to address increasing demand in Japan for private market investment solutions.
– HPC CEO and Co-founder Avi Kalichstein said the partnership aligns with both firms’ long-term approach and will help deliver curated private markets exposure to Japanese investors.
– SMTB Deputy President Futoshi Itani said client demand for private markets access is increasing and that HPC’s flexible capital solutions provide innovative opportunities.
– SMTB views the collaboration as a way to strengthen its private markets expertise and scale its offerings in Japan.
– As part of the transaction, SMTB made a minority equity investment in HPC.
