Japan’s Nikko Asset Management makes private debt push #JapanFinance

TOKYO — Japanese investment company Nikko Asset Management is making a full-fledge entry into private debt, a high-growth area in Asian finance that is drawing more Japanese players.

Nikko Asset Management finalized a capital tie-up in June with French counterpart Tikehau Capital, which specializes in developing and selling private asset products. The sides will mainly focus on Asia.