A sovereign wealth fund has backed Japanese accommodation developer and fund manager Samty Holdings in its new US$500m (€467m) multifamily asset fund.
Samty held a final closing for the fund, which has already deployed US$200m to acquire a first portfolio of newly built assets located in key residential hubs around Japan.
The fund’s asset portfolio currently consists of 16 properties developed or sourced by Samty, with a total of 1,948 unis mainly in Tokyo and Osaka.
Samty, a joint venture between Daiwa Securities Group and Hillhouse’s property arm, Rava Partners, is the general partner of the fund.
Yasuhiro Ogawa, president and CEO of Samty Holdings, said: “The fund marks another significant milestone in our company’s continued transformation. Sustainable market factors are driving long-term growth potential in this asset class, and we have the resources and partnerships to make a real impact.”
Akihiko Ogino, Daiwa Securities, president & CEO, said: “This latest initiative by Samty again plays to its strengths in real estate development and management. Samty is developing rapidly as a major player in the global real estate and fund management space, and we are looking forward to supporting them further alongside our partners.”
Joe Gagnon, partner at Hillhouse and co-head of Rava Partners, said: “Ending 2025 with the successful closing of The fund bookends an impactful first year for Samty since its privatisation in January 2025. We are confident that Samty will continue building on this momentum in its next phase of growth.”
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