top of page

I felt so small, waiting in the reception area of a global alternative investment firm. The office was in a big building standing in a prestigious area in Tokyo. For this important meeting, I even practiced how to bow properly. I felt nervous. I was going to meet a Media Relations Manager—what an intimidating title! After a while, she showed up. Looking at my business card, she said, "So, you are a translator specialized in alternative investment. Well, what is alternative investment?"

Alternative investment is

      a mystery in Japan 


The above is a true story. Alternative investment is a mystery in Japan because documents are hidden from the public, textbooks on the subject are not available, and university programs focused on private equity—like INSEAD’s Global Private Equity Initiative—do not exist in this country. Yet another reason for the lack of knowledge is the language barrier.

English is an Achilles' heel of

     Japanese people


Alternative investment is mostly an American invention. You need to know English to know alternative investment. But the general level of English of Japanese people is not high enough to understand its intricacies. 

The table below shows the average level of English proficiency in Asia. 

Very high and high


Malaysia, Philippines, Singapore



China, Hong Kong, India, Macau, South Korea, Taiwan

Low and very low


Afghanistan, Bangladesh, Cambodia, Indonesia, Japan

Kazakhstan, Kyrgyzstan, Maldives, Mongolia, Myanmar, Nepal

Pakistan, Sri Lanka, Thailand, Uzbekistan, Vietnam

Source: EF Education First. In 2019.

So, they are in the dark 


Their lack of knowledge in English and alternative investment does not stop the Japanese investors from wanting to know more. But even the local distributors of overseas fund managers do not have access to information. I heard a complaint that when distributors ask questions to overseas fund managers, no response comes back. That is no way to satisfy clients.

Why does all this matter to you?


Investors start asking questions when performance is suffering. You can generate goodwill by answering their questions.


As English documents can be challenging to understand for Japanese investors, attaching a Japanese translation to the following documents would be preferable:

  • Capital call and distribution notices

  • Quarterly updates and fund letters

  • Audited financial statements

Yes, translation fees will add to the administrative cost. But this is one way to make you look serious about building relationships, show respect, and keep LPs on your side.

Sample translation


Click to view more and larger images.

Build a stable investor base, inspire loyalty, and encourage follow-on investment while enjoying a long-term relationship with every Japanese client! Click to get Meg’s reliable translations of proven quality.

"A law firm loved the translation"

Megumi's translation was so good, the end-client, a major Japanese law firm, sent positive feedback.

Lisa Hew, Principal, Belle Translation Japan

Bell Translation LOGO.webp
bottom of page