Mizuho alternative unit targets $1.2bn from pension funds

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JAPAN - Mizuho Global Alternative Investments aims to raise ¥100bn ($1.2bn) in three years after starting this month to help Japanese pensions invest in hedge funds.

The firm, a wholly owned unit of Mizuho Corporate Bank Ltd., began on October 5 to provide alternative investment products such as hedge funds to Japan's corporate pensions and institutional invest...

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