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Tokyo Metropolitan Government Adds Enfusion As Approved Service Provider For Emerging Manager Program

The Tokyo Metropolitan Government has added managed services provider Enfusion to its list of official qualified outsourcing service providers for its Emerging Manager Program, a wider initiative to support the growth of asset managers and hedge funds located in Japan's capital.

The Emerging Manager Program is designed to ignite a new hedge fund scene in Tokyo by relieving some of the cost pressures managers face when launching their funds, providing greater flexibility in licensing and easier access to real estate.

"We are thrilled to continue to expand our global footprint and client base by working closely with the Tokyo Metropolitan Government Emerging Manager Program," said Thomas Kim, Enfusion CEO. "It's an honor to be recognized as a key partner and to play a leading role in a strategy that encourages the revitalization and continued growth of Japan's hedge fund industry. We look forward to building momentum in the region with leading asset managers and hedge funds."

Other approved service providers include XNET Corporation, Sumitomo Mitsui Trust Bank, Nomura Research Institute, Mitsubishi UFJ Trust and Banking Corporation, State Street Trust & Banking Co., Broadridge Managed Solutions, Tora Trading Services and Eze Castle Software, according to the TMG's Global Financial City: Tokyo website.

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