Institutional Standards for Japan’s Private Markets
The Private Markets Institute of Japan develops practical, LP-informed frameworks that help global private markets managers prepare for review by Japanese institutional allocators. The frameworks establish a more consistent foundation for readiness, disclosure, diligence, reporting, and information governance.
Japan LP Readiness Framework
A structured framework covering the manager, strategy, fund, team, track record, operations, governance, service providers, legal structure, compliance arrangements, and Japan-facing materials expected during institutional review.
Disclosure & Diligence Framework
A consistent structure for presenting manager, fund, portfolio, operational, risk, legal, and reporting information—helping institutional reviewers identify information gaps and determine whether deeper diligence is warranted.
Reporting & Information Governance
Principles for ongoing fund updates, performance and valuation reporting, document permissions, controlled information access, request records, and the responsible handling of institutional diligence materials.
Framework Outputs
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Framework Participation
Institutional Contributors
Included
Closed institutional consultations
Framework-development feedback
Anonymized market observations
Research and guidance participation
Global Fund Managers
Included
Japan readiness orientation
Framework mapping
Disclosure-gap identification
Institutional preparation pathway
Access to designated implementation partners
Specialist Contributors
Included
Subject-matter contribution
Framework alignment
Guidance-development participation
Institutional dialogue
Implementation support where separately engaged
Standards FAQ
Who are the PMIJ frameworks designed for?
PMIJ frameworks are designed for Japanese institutional LPs and their advisors, global private equity, venture capital, private credit, infrastructure, and real-asset managers, and specialist firms supporting institutional private markets activity in Japan.
What does a readiness assessment produce?
A readiness assessment identifies gaps across manager information, fund documentation, operations, governance, risk, legal and compliance arrangements, performance reporting, and Japan-facing institutional materials. It provides a structured preparation roadmap before deeper LP diligence begins.
Does PMIJ certify or recommend funds?
No. PMIJ does not rate, certify, endorse, distribute, or recommend investment funds. It develops readiness, disclosure, diligence, and reporting frameworks intended to improve the consistency of institutional information and review.
How can organisations participate?
Organisations can contribute to research, attend industry programmes, participate in working groups or collaborate on educational initiatives.