Xiaodong (Akina) Chang
Senior Fund Manager, Private Equity Investment Department, Tokio Marine Asset Management
Connecting Japanese capital to global private debt opportunities
The PDI Tokyo Forum took place on 10 November 2022 to shape future capital flow from Japan to global private debt markets.
Understand key trends shaping investors’ decision-making process and crucial qualities they look for in a fund manager when allocating capital.
Key conversations shaping the conference:
- How do investors view private debt’s role in future portfolios?
- Where does Japanese investors’ focus shift on debt strategies and how to stay resilient?
- Global GPs’ insight on the best risk-adjusted returns
- And more.
Register your place here to get the best savings to join Japanese and Korean investors in-person in 2023.
Expand your fundraising horizons in Asia
The Tokyo Forum is the #1 virtual private debt fundraising conference to secure capital allocations from Japan's most influential investors.
Meet Japan’s investor community
Connect with behemoth investors GPIF, Japan Post Bank, Dai-ichi Life Insurance and more Japanese investors in person for the first time since the pandemic.
Gain a strategic edge
Understand investors’ changing needs and appetite shift towards different strategies.
Build lasting relationships in-person
Catch up with Japanese investors and global private credit leaders to discuss future portfolio strategies.
Meet our keynote
Yasuyuki Tomita
Executive Director
Head of Private Equity Investments
Japan Science and Technology Agency (JST)
Meet our keynote, Yasuyuki Tomita, Head of Private Equity Investments at JST (AUM$80.7b) to understand how Japanese investor giant has been managing Japan’s PE portfolios for 20+ years.
2022 speakers include:
What our delegates say
Qianru Yang
Keppel Capital
Well thought through and relevant content. Provides good insight into how LPs think about this asset class.
Ryoko Katayama
Topaz Capital
Very well organized and structured. Great access to the assets’ leading players and insights.
Harald Eggerstedt
Towers Watson
PDI events bring private debt investment and structuring expertise together like no other conference I have attended.
Seize the growth opportunity
Following the news of Pension Fund Association for Local Government Officials’ (Chikyoren) debut in private corporate debt investment and its existing exposure to private lending, as well as GPIF’s recent $73.4 million commitment for direct co-investment along with IFC and Development Bank of Japan, Japan’s institutional investors are expanding their alternative investments to generate yield amid the low interest rate environment. There has never been a better time to connect with the Japanese investors and grow your business in 2020 and beyond.
Access global market intelligence
Utilising Private Debt Investor’s position as the most prestigious publication specialised in private debt, the Forum will provide you the most exclusive analysis together with unrivalled insights from global senior private debt professionals.
Based on the latest PDI 50 research the private debt market is stable, with future funds targeting more region-specific opportunities.
Supercharge fundraising by connecting with the most influential Korean LPs
Expand connections. Unlock the opportunities.
Latest survey completed by Private Debt Investor research team shows that private debts LPs are looking to increase the number of GP relationships.
Past attendees in Japan & Korea series events:
Shape the future of the private debt by joining the most elite community in Japan
Join more than 200 Private debt senior decision-makers around the world at the PDI Tokyo Forum and seize the opportunity to share the future of the private debt while building invaluable connections with institutional investors and fund managers.
Preliminary Agenda
This is 2020 agenda. Tell us what you like to hear at PDI Tokyo Forum by contacting Niann Lai at niann.l@peimedia.com.
View agenda page
Agenda
Agenda - Thursday 12th
Full day
08:00 - 08:50
Registration and coffee
08:50 - 09:00
Welcome from PDI and Chair's opening remarks
09:00 - 09:40
Opening panel: How will the private debt change in the next cycle?
- How the landscape for private debt in globe is developing in response to COVID-19?
- What a private credit deal looks like today and over the multiple cycles?
- Are sponsor-backed transactions still appealing and what benefits do they offer private lenders?
09:40 - 10:00
Presentation
Michael Patterson
Michael Patterson
Governing Partner and Global Head of Direct Lending, HPS Investment Partners
Read bio
10:00 - 10:40
Keynote panel: Risks vs Yields
• What GPs and banks do anything to manage and mitigate risk, in terms of country, sector and performance?
• Why banks’ involvement still prevalent in debt market and their role in partnership? What role are banks playing in the market today?
• How does the risk-return profile compared in developed and developing regions?
• Risk management: What if pandemics strike again?
10:40 - 11:10
Networking refreshments
11:10 - 11:40
Presentation
11:40 - 12:20
Middle market lending in Europe and US
• Predicting the post COVID-19 mid-market direct lending market
• Major strategies and regions providing exceptional returns
• Incentives and deterrents to deploy capital
12:20 - 12:50
Distressed and special situations
• Where are the opportunities in the enormous market?
• How can distressed funds make the current environment work for them?
• What are factors that accelerate or derail future growth?
12:50 - 13:50
Networking lunch
13:50 - 14:20
Keynote: “The impact of COVID-19 on private debt”
14:20 - 14:50
The seamless solution - hybrid facilities in debt funds
• Where hybrid facility lies and how this adds into the fund management toolkit
• Why a high ratio of NAV facilities to hybrid facilities in the market
• Benefits by obtaining and using a hybrid facility for open-ended funds
14:50 - 15:20
Networking refreshments
15:20 - 15:50
Panel: Where to find uncrowded opportunities in Asia?
• How are different managers approaching open-ended and closed-ended vehicles and what are potential considerations for each?
• How do you see the opportunity set at larger end of the market? How does it differ in type and attractiveness with more mid-market plays?
• What should investors be aware of when approaching different markets across Asia?
• Opportunities and key challenges ahead for private debt in Asia
15:50 - 16:30
Panel: Meet the Japanese LPs and gatekeepers
• What now is the LPs’ view of private debt?
• Challenges facing lately regarding the asset allocations
• What is the relationship between LP and GP in a world of restricted travel? Are LPs prepared to commit to funds without seeing managers face to face?
16:30 - 16:55
Closing keynote
16:55 - 17:00
Chairperson’s closing remarks
17:00 - 18:00
End of forum and Cocktail
Pre-Event Resources
Partner with the PDI Tokyo Forum
The PDI Tokyo Forum 2020 will offer a unique opportunity for organisations to raise their profile among senior private debt decision-makers across the world.
For exclusive sponsorship package for the PDI Tokyo Forum and PDI Japan Korea Week, please contact sponsorship team at asiasponsorship@peimedia.com, call +852 2153 3846.
Two Forums, Unlimited Opportunities
Join the Seoul Forum and maximise your time in Asia
The second PDI Seoul Forum returns on 7 November 2019 with more than 100+ influential Korean outbound investors and fund managers in ONE room. If fundraising is your core business, do not miss the chance to meet both Japanese and Korean LPs in the same week.
Korean Investors that attended last year
Learn more about their strategy
KIC’s chief risk officer and executive vice-president, Seung Je Hong, told PDI: “I think the alternative investment industry is not standardised enough, and therefore it is perceived to be risky when making investment decisions by comparing return profiles with a GP’s peer group or their track records.”
What's the key in infrastructure debt
Check out the key takeaways from Infrastructure Investor Seoul Summit and find out the current state of Korean investors
Covid precautions
To help keep you and your peers safe, we require you to follow the Covid principles below to ensure the smooth running of the PDI Japan Korea Week 2022.
All attendees must provide proof of full COVID-19 vaccination status before checking into the event’s venue. All attendees will be required to wear a filtering face piece mask without a ventilation valve.
To expedite this process, PEI Media and our venue will be using the physical copy of vaccination, or digital proof of COVID-related health insights from “Tokyo Vaction” mobile App and other government-recognised mobile App. Complete your health screening with the apps ahead of time for expedited check-in and entry. We will NOT be accepting any other form of record of vaccination at the event. We are only accepting physical proof, photos of the vaccination record or digital proof via selected mobile apps.
Questions? Please contact asiaevents@peimedia.com.
The below information is as of 18 October 2022 and will be updated if health, safety and security guidelines change.
What additional measures are being followed at the Japan Forum of PDI Japan Korea Week 2022?
We would like to ensure our attendees feel confident as they return to attending our in-person events. Click here for Shangri-La Hotel, Tokyo document outlining actions the hotel is taking.
I plan to travel to Japan to attend this conference, what are the current travel restrictions?
Click here to view the latest quarantine measures for inbound travellers.
Do I need to be fully vaccinated or have a negative COVID-19 test to attend?
When you arrive at the event, you’ll need to provide proof that you are fully vaccinated* against COVID-19 according to your national vaccine programme.
(*Definition of fully vaccinated varies among cities, however, you will be required to take your 2nd dose at least 14 days before the event.)
How to show my vaccination?
You can present your vaccination record through:
- “Tokyo Vaction” mobile app,
- Wakupass mobile app,
- Other government-recognised mobile app or
- COVID-19 Vaccination Record (Hard Copy)
What do I need to do if I receive my vaccination outside of Japan?
If you had received your vaccination outside of Japan
- Please click here to view the list of recognized Covid-19 vaccines outside Japan
- Guests must prepare and present Covid-19 Vaccination Record (issues outside Japan)
Do I need to wear a mask?
All attendees will be required to wear a filtering face piece mask without a ventilation valve in the hotel’s public spaces at all times.
What I need to do before collecting my name badge at the venue?
You must present your vaccination record and measure temperature at the entrance of the venue.
What happens if I cannot attend the event because I have COVID-19 symptoms, have tested positive or am unable to travel due to changes in quarantine rules?
If your membership includes access to an in-person forum, you can join a different forum in-person across a 12-month period.
Will there be any tracking of participants in the event of a positive COVID-19 test result?
Yes, if needed we will be asked to report any cases to the Ministry of Health, Labour and Welfare for further handling.
Any questions regarding the event and vaccination requirements should be sent to asiaevents@peimedia.com.
Post-Event Resources
pdf
PDI Tokyo Forum - Presentation: Spotlight on commercial real estate debt in Australia
By PDI Tokyo Forum
2023 Confirmed speakers:
Xiaodong (Akina) Chang
Senior Fund Manager, Private Equity Investment Department, Tokio Marine Asset Management
Kunio Kamoi
Senior Product Manager, Fund Research and Development Division, Mitsubishi UFJ Trust and Banking Corporation
Vikas Keswani
Managing Director and Head of North American Specialty Lending, HPS Investment Partners
Lily Murakami Voukadinov
Partner, Head of Japan Relationship Management and Investor Relations, Ares Global Client Solutions Group
Antonella Napolitano
Managing Director, Global Head of Investor Relations & Capital Formation, Deerpath Capital Management
