GPIF's initial investment in Japanese alternative investment funds, totaling 50 billion yen, is targeted for real estate and data centers.

The Japanese government's pension investment fund has independently chosen domestic alternative asset funds for the first time, investing a total of 50 billion yen in real estate and infrastructure projects represented by data centers. Of the total, 40 billion yen will be allocated to infrastructure funds, and 10 billion yen to real estate funds. This move marks a shift away from depending on asset management companies to select funds on its behalf.