Nomura CEO Seeks to Tap More Private Market Bets From Japanese

Core Insights - Nomura Holdings Inc.'s CEO Kentaro Okuda sees significant potential in attracting Japanese investors to private markets for asset diversification [2][3] - The firm's alternative assets under management increased by 25% over the past year, reaching ¥2.7 trillion ($18 billion) as of June [3] - Japanese households hold over $14 trillion in financial assets, with a substantial portion still in cash, indicating a market opportunity for investment firms [4] Private Market Strategy - Nomura is actively pursuing private market opportunities to complement its traditional business of selling stocks and bonds [3] - Okuda emphasized the importance of educating clients about the characteristics and risks of unlisted products, especially in light of recent concerns in private credit markets [5] M&A Activity - Nomura's pipeline for advising on mergers and acquisitions is expanding rapidly, driven by Japanese companies seeking efficiency [6][7] - The firm is currently the top adviser on Japan-related M&A deals, outperforming competitors like Goldman Sachs and Morgan Stanley [7]