Nippon Life Global Investors Americas

Nippon Life Global Investors Americas (NLGIA) is a wholly owned subsidiary of Nippon Life Insurance Company, the world's seventh-largest life insurer by revenue. Established in 1987 and headquartered in New York City, NLGIA serves as the principal overseas asset management arm of Nippon Life, focusing on delivering superior investment advisory services to its parent company and affiliates. The firm's mission is to achieve a relatively high income return over the medium to long term, underpinned by a commitment to Environmental, Social, and Governance (ESG) principles.

NLGIA's strategic focus encompasses a diversified range of investment strategies, including traditional investments such as fixed income assets like Mortgage-Backed Securities (MBS), Commercial Mortgage-Backed Securities (CMBS), and credit instruments, alongside equity investments employing a fundamental approach emphasizing quality growth and ESG/SDG considerations. The firm also engages in alternative investments, including private equity (buyouts, growth equity, distressed/special situations, venture capital), private debt (direct lending, mezzanine, special situations, distressed), and real assets (real estate, infrastructure). As of September 30, 2023, NLGIA managed assets totaling $30.7 billion, supported by a team of over 60 investment professionals and more than 80 employees. The firm's portfolio is diversified across various sectors, with significant holdings in technology, healthcare, consumer cyclical, communication services, and financial services.

NLGIA's investment portfolio includes substantial positions in leading technology companies:

- Microsoft Corporation (MSFT): 430,730 shares valued at approximately $193 million, representing 8.69% of the portfolio.

- NVIDIA Corporation (NVDA): 1,534,290 shares valued at approximately $190 million, accounting for 8.55% of the portfolio.

- Alphabet Inc. (GOOG): 687,740 shares valued at approximately $126 million, comprising 5.69% of the portfolio.

- Amazon.com Inc. (AMZN): 571,930 shares valued at approximately $111 million, making up 4.99% of the portfolio.

- Apple Inc. (AAPL): 407,980 shares valued at approximately $85.9 million, representing 3.87% of the portfolio.

NLGIA leverages advanced investment platforms and proprietary technologies to enhance portfolio management and decision-making processes. The firm integrates sophisticated scientific methodologies, including quantitative analysis and machine learning algorithms, to optimize investment strategies and risk assessment.

NLGIA's leadership comprises experienced professionals dedicated to upholding the firm's mission and values. Key executives include:

- C. K.: Vice President - Fixed Income Analyst

- J. P.: Vice President - Controller

- K. E.: Head of Fixed Income

As of the latest available information, there have been no recent significant changes or appointments within NLGIA's leadership team.

The asset management industry is characterized by intense competition, with firms striving to deliver superior returns while adhering to regulatory standards and evolving client expectations. The market is witnessing a growing emphasis on ESG integration and alternative investments as clients seek sustainable and diversified portfolios.

NLGIA operates in a competitive landscape alongside other asset management firms that offer similar investment services. While specific competitors are not detailed in the available information, the firm's focus on ESG principles and alternative investments positions it uniquely within the industry.

NLGIA benefits from its affiliation with Nippon Life Insurance Company, which has been actively expanding its global presence through strategic acquisitions:

- Resolution Life Group Holdings: In December 2024, Nippon Life announced plans to acquire the remaining shares of Resolution Life for approximately $8.2 billion, aiming to strengthen its foothold in the U.S. market.

- Corebridge Financial: In May 2024, Nippon Life acquired a 20% stake in Corebridge Financial from AIG for $3.8 billion, enhancing its presence in the U.S. insurance sector.

These strategic moves reflect Nippon Life's commitment to diversifying its portfolio and expanding its global reach, which in turn supports NLGIA's growth and investment capabilities.

Looking ahead, NLGIA is poised to capitalize on global expansion, leveraging Nippon Life's international acquisitions to access new markets and investment opportunities. The firm is also focused on innovation in investment strategies, developing products that align with emerging market trends and client preferences, and enhancing its ESG focus to attract clients seeking responsible investment options.