Bloomberg – Vivace Capital Management Co., a Japanese hedge fund, aims to triple assets managed for the nation’s pension funds to 50 billion yen ($600 million) in two years as they seek higher returns.
Vivace expects to start managing 1 billion yen this month for a pension fund, in addition to the current 15.5 billion yen it oversees for four different retirement funds, said Takeshi Ueno, president of the Tokyo-based firm. It aims to increase the number of pension clients to 10 in two years, he said.
