Clarity
Make Japan-facing institutional expectations and information requirements easier to understand.
About PMIJ
PMIJ · TokyoA practical structure before formal diligence.
PMIJ develops institutional frameworks and market practice for the information exchange that precedes formal fund diligence in Japan.
Institutional premise
A serious market requires a disciplined starting point.
Japan's institutional market is relationship-driven and institution-specific. Review has traditionally depended on individual relationships, institution-specific expectations and information assembled through separate channels.
PMIJ provides practical reference points for pre-diligence information. It is intended to improve clarity and preparation, not to standardise investment decisions or replace institutional judgement.
Institutional mandate
Better information, clearer roles and durable dialogue.
Preparation
Help managers and their partners organise information before formal institutional review begins.
Independence
Preserve the separate responsibilities of managers, allocators, advisors and specialist contributors.
PMIJ does not direct investment outcomes.
Its role is to strengthen the quality and consistency of the starting point from which independent review takes place.
Operating principles
Institutional discipline before promotion.
Long-term market practice
Develop reference points that remain useful across cycles, mandates and institution-specific processes.
Intellectual rigour
Separate verified information, practitioner judgement and open questions in every framework and publication.
Transparent status
Publish roles, programmes, contributors and materials only when their status has been formally confirmed.
Independent judgement
Preserve the responsibility of institutions and their advisors for diligence, analysis and investment decisions.
Leadership
Leadership, founding members and board advisors.
Only formally confirmed roles and responsibilities are published. Additional founding members and board advisors will be added as appointments are confirmed.
President · Founding Member
Takahiro Kawanishi
More than 20 years of private-markets experience spanning manager evaluation, selection and institutional governance, including senior roles as a gatekeeper managing director and head of private equity at a Japanese trust bank. At PMIJ, he leads framework development and dialogue between Japanese allocators and global managers.