University of Tokyo taps ex-BlackRock exec to triple alternative investments

$330m endowment fund seeks higher returns to raise school's global standing

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The University of Tokyo aims to expand its endowment fund to compete better with rival institutions around the world. (Photo by Kosuke Imamura)

KENTA SHINOZAKI, Nikkei staff writer

TOKYO -- The University of Tokyo will triple the share of alternative investments like private equity and real estate in its portfolio to around 60%, aiming to boost funding for research and other activities crucial to its global standing, Nikkei has learned.

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