University of Tokyo taps ex-BlackRock exec as it looks to triple alternative investments

The University of Tokyo will triple the share of alternative investments like private equity and real estate in its portfolio to around 60%, aiming to boost funding for research and other activities crucial to its global standing, Nikkei has learned.

To lead this move, the university will appoint Takeshi Fukushima, who was chief investment officer at BlackRock Japan until January, as its inaugural CIO effective Saturday.

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