Japan’s GPIF to Invest $500 Million in US PE Firm Thoma Bravo

Japan’s GPIF to Invest $500 Million in US PE Firm Thoma Bravo

Japan’s Government Pension Investment Fund said it’s investing $500 million in a fund managed by US private equity firm Thoma Bravo, as part of its effort to boost alternative assets.

Japan’s GPIF commits $500m to Thoma Bravo fund amid alts push - Private Equity Wire

Japan’s Government Pension Investment Fund (GPIF) has committed $500m to a private equity vehicle managed by Thoma Bravo, marking the latest move by the world’s largest pension fund to expand its exposure to alternative assets, according to a report by Reuters. The commitment, disclosed in official GPIF documentation, was finalised by the end of March and represents a 10-year investment horizon. While specific details of the Thoma Bravo fund wer…