TOKYO -- Japan's Government Pension Investment Fund, one of the world's largest institutional investors, will begin investing in Japanese startups in order to give the sector a boost, Nikkei has learned.
Startups
Pension giant GPIF to invest in Japanese startups for first time
Move by $1.45tn fund highlights Japan's belated effort to grow ventures
Investment by Japan's Government Pension Investment Fund could serve as a magnet for other pension money and give momentum to the development of Japanese startups, which have lagged behind those in the U.S., China and other countries. (Photo by Kotaro Igarashi)
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