DAY 1

The IPO environment for startups is changing at a dizzying pace, as the criteria for maintaining listing have been revised amid the recent small-IPO problems that have been pointed out. Many companies are choosing to postpone their public listings, while Japan simultaneously faces a shortage of later‐stage investors. In this context, crossover investors are stepping into the spotlight. In this session, we’ll welcome two fund managers from Asset Management One, one of Japan’s leading crossover investors, to reveal the little‐known realities of crossover investing and dive into their firm’s investment strategy.