Institutional Frameworks & Market Practice
Tokyo · Japaninfo@pmij.org

Institutional frameworks for Japan's private markets

Bridging foreign GPs and Japanese LPs.

Vice versa.

PMIJ hosts conversations between Japanese allocators and private-markets managers. PMIJ was created to build the framework that connects both sides.

One standard. For every allocator, for every manager.

Who we are

A Japan-based institute, led by practitioners.

PMIJ is a Japan-based institute. We develop the shared standards, research and infrastructure Japan's private markets have never had. We are founded and led by practitioners with direct institutional experience. Our President has spent over 20 years in manager evaluation and selection, including as a gatekeeper managing director and head of private equity at a Japanese trust bank.

We bring together four groups that rarely sit at the same table with a shared vocabulary: Japanese institutional allocators, global private-markets managers, advisors and gatekeepers, and specialist contributors in law, tax, audit and compliance. PMIJ does not replace any of their roles. We build the common ground they meet on.

We are not a fund, a placement agent, or a licensed advisor. We do not rate, endorse, or recommend. We build standards; the institutions make the decisions.

Why we do it

The information layer Japan's private markets never had.

01

“Every global manager who has raised in Japan has rebuilt the same information from scratch. PMIJ exists so the next one does not have to.”

02

“PMIJ does not manage money or rate funds. That is exactly what makes the standard trustworthy.”

03

“Readiness, disclosure, diligence, reporting: one shared standard for Japan.”

04

“Standards imposed from outside do not get used. Standards built with the market do.”

05

“Clearer expectations mean more capital moves, with more confidence.”

06

“PMIJ makes Japan's private markets easier to enter and easier to evaluate.”