# Kewpie Pension Fund

Kewpie Pension Fund is a Pension Fund based in Chofu-shi, Japan.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Chofu-shi, Japan
- **Region:** Asia
- **Address:** Chofu-shi, Japan
- **Founded:** 2016
- **Assets under management:** 612 (Altss estimate)
- **Website:** kewpie.com
- **LinkedIn:** https://jp.linkedin.com/company/kewpie-corporation

## Regulatory record

- **Reports private funds:** No

## About

Kewpie Pension Fund was established to administer defined benefit obligations for Kewpie Corp employees and retirees. The sponsor is the Tokyo-based food products manufacturer whose brands include mayonnaise and dressings. Kosuke Okimori serves as Managing Director and Executive Investment Director. The fund allocates across multiple asset classes. Positions include a US core real estate portfolio, European real estate debt, domestic Japanese real estate via privately placed REITs, global farmland through specialized managers, insurance-linked securities and infrastructure assets. It also commits to private equity, US direct lending and European private debt funds as a limited partner. Geographic exposure spans Japan, the United States and Europe. Assets total 612 million USD. The fund participates in the Japan Corporate Pension Network and AIMA. It maintains relationships with Nomura Fiduciary Research & Consulting and Mitsubishi Jisho Investment Advisors. Service providers include Duxton Asset Management, Proterra Investment Partners, Hancock Agricultural Investment Group, PGIM Japan, UBS Asset Management and HSBC Asset Management. Mizuho Trust & Banking acts as custodian. The associated Kewpie Mirai Tamago Foundation, established in 2017, supports children's food education programs in Japan. The fund's structure ties investment decisions directly to the corporate sponsor while relying on external managers for implementation. This captive model limits external capital raising and focuses mandates on income generation and diversification for the closed population of beneficiaries.

## Sectors

- Real Estate
- Infrastructure
- Agriculture
- Private Credit
- Insurance-Linked Securities

## People

- Kosuke Okimori — Managing Director and Executive Investment Director

## Questions

### Who runs investment decisions at Kewpie Pension Fund?

Kosuke Okimori serves as Managing Director and Executive Investment Director. External advisors including Nomura Fiduciary Research & Consulting and Mitsubishi Jisho Investment Advisors support allocation and manager selection.

### Does Kewpie Pension Fund participate in fund commitments or only direct deals?

The fund acts as a limited partner in private equity, US direct lending and European private debt vehicles. It also holds direct minority positions in real estate and farmland assets.

### What asset classes does Kewpie Pension Fund target?

Allocations include US core real estate, European real estate debt, Japanese real estate, global farmland, insurance-linked securities, infrastructure, private equity and private debt.

### How is Kewpie Pension Fund related to Kewpie Corp?

Kewpie Corp is the parent corporation and plan sponsor. The pension fund operates separately to meet retirement obligations for the company's workforce.

### What geographic regions receive allocations?

The fund holds assets in Japan, the United States and Europe. Farmland and infrastructure mandates extend to global markets through external managers.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/kewpie-pension-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology