BUSINESSglobal
Sumitomo Life Plans to Invest $1.9 Billion in Private Credit
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Updated 3 hours ago
First seen March 18, 2026 13:52:44Stay on top of this story
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Quick Summary
Sumitomo Life Insurance Co. is considering allocating about ¥300 billion ($1.9 billion) on private credit in the fiscal year starting April, in the latest push by a Japanese financial firm into alternative assets to boost returns.