Aizawa Asset Management Co., Ltd

Company profile:

Formerly sub-managed by Eastpoint Asset Management Ltd. (Eastpoint), Aizawa Asset Management Co., Ltd.(Aizawa), has assumed full responsibility as the Investment Manager of Asuka ILS Opportunities Fund Ltd./Trust and the ex-Eastpoint members are now employed at Aizawa. Formerly known as Asuka Asset Management Co., Ltd., Aizawa formed as a result of a merger between Asuka and Akebono Asset in Feb 1, 2021. Founded by key members of a successful prop trading business at Salomon Brothers Asia, the company specializes in alternative investments, especially in the Japanese financial market.

Overall, Aizawa Asset Management Co., Ltd. has assets under management of $231 million, of which $22 million is dedicated to ILS.

Team size and structure:

4 people including the CIO, Portfolio Manager, Risk Manager, and Operations.

Number of strategies (how many funds, sidecars or strategies):

1

Offers private managed accounts?

Yes

Strategy:

We cover various investment needs specifically for Japanese and Asian investors.

ASUKA ILS Opportunities Fund Ltd./ Trust

The fund objective is to generate superior, uncorrelated returns by investing predominantly in the ILS space with medium to long term perspective. Our approach is characterized by a disciplined process, through research and appropriate diversification.

Type of investment strategy (fund, sidecar etc):

Open ended fund

Launch date:

Oct 2012

Latest AuM:

Less than 50 million

Underlying asset types:

Cat Bonds focus

Target return:

Base rate + 5～6% (Net)