TOKYO/HONG KONG -- Nonbank lenders called private debt funds are flocking to Japan, looking for new investors as well as opportunities to finance a growing number of private equity deals in the country.
'Middle market' emerges as arena for alternative investors like Golub, Ares

The interest in the alternative investment space highlights the difficulty in securing returns from investing in conventional assets, such as equities. (Photo by Yo Inoue)
TOKYO/HONG KONG -- Nonbank lenders called private debt funds are flocking to Japan, looking for new investors as well as opportunities to finance a growing number of private equity deals in the country.