{"id":7126,"date":"2025-08-21T08:00:00","date_gmt":"2025-08-20T23:00:00","guid":{"rendered":"https:\/\/klikandpay.co.jp\/invest\/?p=7126"},"modified":"2026-01-09T09:25:32","modified_gmt":"2026-01-09T00:25:32","slug":"private-debt-fund-japan","status":"publish","type":"post","link":"https:\/\/klikandpay.co.jp\/invest\/private-debt-fund-japan\/","title":{"rendered":"\u30102026\u5e74\u6700\u65b0\u3011\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u3068\u306f\uff1f\u65e5\u672c\u5e02\u5834\u306e\u52d5\u5411\u3068\u6ce8\u76ee\u306e\u6295\u8cc7\u5148\u3092\u5fb9\u5e95\u89e3\u8aac"},"content":{"rendered":"\n<p>\u8fd1\u5e74\u3001\u4e16\u754c\u3067\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u3044\u308b\u300c<strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08Private Debt Fund\uff09<\/strong>\u300d\u3002<\/p>\n\n\n\n<p>\u9ad8\u91d1\u5229\u74b0\u5883\u304c\u7d9a\u304f\u7c73\u56fd\u3092\u4e2d\u5fc3\u306b\u4eba\u6c17\u304c\u9ad8\u307e\u308b\u306a\u304b\u3001\u65e5\u672c\u5e02\u5834\u3067\u3082\u305d\u306e\u5b58\u5728\u611f\u304c\u5f90\u3005\u306b\u5f37\u307e\u308a\u30012026\u5e74\u73fe\u5728\u3001\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u65b0\u305f\u306a\u9078\u629e\u80a2\u3068\u3057\u3066\u95a2\u5fc3\u304c\u5bc4\u305b\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u4eca\u56de\u306f\u3001<strong><span class=\"swl-marker mark_yellow\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u57fa\u672c\u304b\u3089\u3001\u65e5\u672c\u306b\u304a\u3051\u308b\u5e02\u5834\u306e\u73fe\u72b6\u3001\u6295\u8cc7\u30e1\u30ea\u30c3\u30c8\u30fb\u30ea\u30b9\u30af\u3001\u3055\u3089\u306b\u306f\u500b\u4eba\u3067\u3082\u6295\u8cc7\u53ef\u80fd\u306a\u6ce8\u76ee\u30d5\u30a1\u30f3\u30c9\u307e\u3067\u30012026\u5e74\u306e\u6700\u65b0\u60c5\u5831\u3092\u4ea4\u3048\u3066\u308f\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08Private Debt Fund\uff09\u3068\u306f\uff1f<\/h2>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08Private Debt Fund\uff0fPD\u30d5\u30a1\u30f3\u30c9\uff09\u3068\u306f\u3001\u975e\u4e0a\u5834\u4f01\u696d\u306a\u3069\u306b\u5bfe\u3057\u3001\u6295\u8cc7\u5bb6\u306a\u3069\u304b\u3089\u96c6\u3081\u305f\u8cc7\u91d1\u3092\u76f4\u63a5\u8cb8\u3057\u51fa\u3057\u3001\u5229\u606f\u53ce\u5165\u3092\u5f97\u308b\u5f62\u3067\u904b\u7528\u3055\u308c\u308b\u30d5\u30a1\u30f3\u30c9\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u307e\u305a\u306f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u57fa\u672c\u7684\u306a\u4ed5\u7d44\u307f\u306b\u3064\u3044\u3066\u62bc\u3055\u3048\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08Private Debt Fund\uff09\u3068\u306f\uff1f<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<ul class=\"wp-block-list\">\n<li><a href=\"#overview\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u6982\u8981<\/a><\/li>\n\n\n\n<li><a href=\"#diffence\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u3084\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3(PE)\u3068\u306e\u9055\u3044<\/a><\/li>\n\n\n\n<li><a href=\"#attention-reason\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u304c\u6ce8\u76ee\u3055\u308c\u308b\u7406\u7531<\/a><\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"overview\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u6982\u8981<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08PD\u30d5\u30a1\u30f3\u30c9\uff09\u3068\u306f\u3001<strong><span class=\"swl-marker mark_yellow\">\u516c\u7684\u5e02\u5834\u3092\u4ecb\u3055\u305a\u3001\u4f01\u696d\u306b\u76f4\u63a5\u878d\u8cc7\u3092\u884c\u3044\u3001\u305d\u306e\u5229\u606f\u3084\u5143\u672c\u8fd4\u6e08\u3092\u901a\u3058\u3066\u53ce\u76ca\u3092\u4e0a\u3052\u308b\u6295\u8cc7\u30d5\u30a1\u30f3\u30c9\u3067\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<p>\u6295\u8cc7\u5bb6\u304b\u3089\u96c6\u3081\u305f\u8cc7\u91d1\u3084\u9280\u884c\u304b\u3089\u306e\u501f\u5165\u91d1\u3092\u3082\u3068\u306b\u3001\u4e3b\u306b\u975e\u516c\u958b\u306e\u4e2d\u5c0f\u4f01\u696d\u3084\u3001\u4fe1\u7528\u529b\u304c\u6bd4\u8f03\u7684\u4f4e\u304f\u9280\u884c\u878d\u8cc7\u304c\u96e3\u3057\u3044\u4f01\u696d\u306b\u5bfe\u3057\u3066\u30ed\u30fc\u30f3\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u306b\u3088\u308a\u3001\u501f\u308a\u624b\u4f01\u696d\u306f\u8cc7\u91d1\u8abf\u9054\u304c\u3067\u304d\u3001\u6295\u8cc7\u5bb6\u306f\u5229\u606f\u53ce\u5165\u3092\u30ea\u30bf\u30fc\u30f3\u3068\u3057\u3066\u53d7\u3051\u53d6\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u3068\u3044\u3046\u4ed5\u7d44\u307f\u3067\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"486\" src=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/05\/\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u306e\u4ed5\u7d44\u307f-1024x486.webp\" alt=\"\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u3068\u306f\" class=\"wp-image-8487\" srcset=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/05\/\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u306e\u4ed5\u7d44\u307f-1024x486.webp 1024w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/05\/\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u306e\u4ed5\u7d44\u307f-300x143.webp 300w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/05\/\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u306e\u4ed5\u7d44\u307f-768x365.webp 768w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/05\/\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u306e\u4ed5\u7d44\u307f.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"diffence\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\uff08Private Credit\uff09\u3084\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3\uff08PE\uff09\u3068\u306e\u9055\u3044<\/h3>\n\n\n\n<p>\u300c\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\uff08PD\uff09\u300d\u3068\u4f3c\u305f\u8a00\u8449\u306b\u300c\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u300d\u3084\u300c\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3\uff08PE\uff09\u300d\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u660e\u78ba\u306a\u9055\u3044\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-border -border04 has-swl-main-thin-background-color has-background\"><strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8(Private Credit)<\/strong><br>\u975e\u516c\u958b\u5e02\u5834\u3067\u306e\u50b5\u6a29\u6295\u8cc7\u5168\u822c\u3092\u6307\u3057\u3001PD\u30d5\u30a1\u30f3\u30c9\u306f\u305d\u306e\u4e00\u7a2e\u3002<br><br><strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3(PE)<\/strong><br>\u672a\u4e0a\u5834\u4f01\u696d\u306e\u682a\u5f0f\u306b\u6295\u8cc7\u3057\u3001\u7d4c\u55b6\u306b\u6df1\u304f\u95a2\u4e0e\u3057\u3066\u4f01\u696d\u4fa1\u5024\u306e\u5411\u4e0a\u3084\u58f2\u5374\u3067\u5229\u76ca\u3092\u5f97\u308b\u5f62\u614b\u3002<\/p>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8 (PD)\u306f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u306e\u4e00\u90e8\u3067\u3059\u304c\u3001\u3042\u304f\u307e\u3067\u300c<strong>\u50b5\u52d9 (\u8cb8\u4ed8)<\/strong>\u300d\u3078\u306e\u6295\u8cc7\u3067\u3042\u308a\u3001\u8fd4\u6e08\u3068\u5229\u5b50\u304c\u4e3b\u306a\u30ea\u30bf\u30fc\u30f3\u6e90\u6cc9\u3067\u3059\u3002<\/p>\n\n\n<div class=\"c-scrollHint sp_\"><span>\u30b9\u30af\u30ed\u30fc\u30eb\u3067\u304d\u307e\u3059 <i class=\"icon-more_arrow\"><\/i><\/span><\/div>\n<figure data-table-scrollable=\"sp\" class=\"wp-block-table is-all-centered--va has-small-font-size\"><table style=\"--table-width:800px;--swl-cell1-width:120px;\" class=\"has-fixed-layout\"><thead><tr><th><\/th><th>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8<br>Private Debt<\/th><th>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8<br>Private Credit<\/th><th>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3<br>Private Equity<\/th><\/tr><\/thead><tbody><tr><th>\u6295\u8cc7\u5bfe\u8c61<\/th><td>\u975e\u516c\u958b\u4f01\u696d\u7b49\u3078\u306e\u878d\u8cc7<br>(\u4e3b\u306b\u76f4\u63a5\u8cb8\u4ed8)<\/td><td>\u975e\u516c\u958b\u5e02\u5834\u3067\u306e\u8cb8\u4ed8\u5168\u822c<br>\uff08\u793e\u50b5\u306a\u3069\u542b\u3080\u5e83\u7fa9\uff09<\/td><td>\u975e\u516c\u958b\u4f01\u696d\u306e\u682a\u5f0f\u53d6\u5f97<\/td><\/tr><tr><th>\u53ce\u5165\u6e90<\/th><td>\u5229\u606f\u53ce\u5165<br>\uff08\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\uff09<\/td><td>\u5229\u606f\u53ce\u5165\uff08\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\uff09<br>\uff0b\u30ad\u30e3\u30d4\u30bf\u30eb\u30b2\u30a4\u30f3<\/td><td>\u4f01\u696d\u306e\u6210\u9577\u30fb\u58f2\u8cb7\u76ca\u306a\u3069<br>\u306b\u3088\u308b\u30ad\u30e3\u30d4\u30bf\u30eb\u30b2\u30a4\u30f3<\/td><\/tr><tr><th>\u30ea\u30b9\u30af<\/th><td>\u4e2d\u7a0b\u5ea6\u301c\u4f4e\u3081<\/td><td>\u4e2d\u7a0b\u5ea6\u301c\u9ad8\u3081<\/td><td>\u9ad8\u30ea\u30b9\u30af<\/td><\/tr><tr><th>\u8fd4\u6e08\u306e\u512a\u5148\u5ea6<\/th><td>\u8fd4\u6e08\u306e\u512a\u5148\u9806\u4f4d\u304c\u9ad8\u3044<\/td><td>\u4e00\u90e8\u306f\u4f4e\u3044\u5834\u5408\u3082\u3042\u308b<br>(\u878d\u8cc7\u306e\u5f62\u614b\u306b\u3088\u308a\u7570\u306a\u308b)<\/td><td>\u8fd4\u6e08\u306e\u9806\u4f4d\u306f\u6700\u5f8c<\/td><\/tr><tr><th>\u4f01\u696d\u3078\u306e\u95a2\u4e0e<\/th><td>\u7d4c\u55b6\u3078\u306e\u95a2\u4e0e\u306f\u5c11\u306a\u3044<\/td><td>\u878d\u8cc7\u6761\u4ef6\u306b\u3088\u3063\u3066\u306f<br>\u4e00\u5b9a\u306e\u95a2\u4e0e\u3082\u3042\u308a\u3046\u308b<\/td><td>\u7d4c\u55b6\u306b\u7a4d\u6975\u7684\u306b\u95a2\u4e0e<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">PD\u30fbPrivate Credit\u30fbPE\u306e\u9055\u3044<\/figcaption><\/figure>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\uff08PD\uff09\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3\uff08PE\uff09\u306f\u3001<strong><span class=\"swl-marker mark_yellow\">\u3044\u305a\u308c\u3082\u7279\u5b9a\u306e\u6295\u8cc7\u5bb6\u304b\u3089\u8cc7\u91d1\u3092\u52df\u308b\u79c1\u52df\u5f62\u5f0f\u3067\u904b\u7528\u3055\u308c\u3001\u4f01\u696d\u306b\u5bfe\u3057\u3066\u975e\u516c\u958b\u3067\u8cb8\u4ed8\u3084\u51fa\u8cc7\u3092\u884c\u3046\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u4e00\u5f62\u614b\u3067\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u3089\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30d5\u30a1\u30f3\u30c9\u578b\u306e\u6295\u8cc7\u306f\u3001\u300c\u4f1d\u7d71\u7684\u8cc7\u7523\u300d\u3068\u3055\u308c\u308b\u682a\u5f0f\u3084\u50b5\u5238\u306a\u3069\u3068\u306f\u7570\u306a\u308a\u3001\u300c\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\uff08\u4ee3\u66ff\u6295\u8cc7\uff09\u300d\u306b\u5206\u985e\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"attention-reason\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u304c\u6ce8\u76ee\u3055\u308c\u308b\u7406\u7531<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08PD\u30d5\u30a1\u30f3\u30c9\uff09\u304c\u6ce8\u76ee\u3092\u96c6\u3081\u308b\u80cc\u666f\u306b\u306f\u3001<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u5f93\u6765\u306e\u9280\u884c\u878d\u8cc7\u306e\u7e2e\u5c0f\u3068\u3044\u3046\u91d1\u878d\u74b0\u5883\u306e\u5909\u5316\u304c\u3042\u308a\u307e\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<p>2008\u5e74\u306e\u4e16\u754c\u91d1\u878d\u5371\u6a5f\u4ee5\u964d\u3001\u91d1\u878d\u898f\u5236\u304c\u5f37\u5316\u3055\u308c\u3001\u9280\u884c\u304c\u30ea\u30b9\u30af\u306e\u9ad8\u3044\u878d\u8cc7\u306b\u614e\u91cd\u306a\u59ff\u52e2\u3092\u53d6\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u7d50\u679c\u3001\u5f93\u6765\u306e\u9280\u884c\u306b\u4ee3\u308f\u308b\u8cc7\u91d1\u4f9b\u7d66\u624b\u6bb5\u3068\u3057\u3066\u3001PD\u30d5\u30a1\u30f3\u30c9\u306a\u3069\u306e\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u306a\u8cb8\u4ed8\u624b\u6cd5\u304c\u53f0\u982d\u3002<\/p>\n\n\n\n<p>\u3055\u3089\u306b\u3001\u9577\u5f15\u304f\u4f4e\u91d1\u5229\u74b0\u5883\u306e\u3082\u3068\u3067\u3001\u9ad8\u3044\u5229\u56de\u308a\u3068\u5206\u6563\u6295\u8cc7\u5148\u3092\u6c42\u3081\u308b\u6295\u8cc7\u5bb6\u5074\u306e\u30cb\u30fc\u30ba\u306b\u3082\u5408\u81f4\u3057\u3066\u304a\u308a\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u5e02\u5834\u306e\u62e1\u5927\u306b\u7e4b\u304c\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u65e5\u672c\u56fd\u5185\u3067\u3082\u3053\u306e\u6d41\u308c\u306f\u5f90\u3005\u306b\u6d78\u900f\u3057\u3064\u3064\u3042\u308a\u3001\u4eca\u5f8c\u3055\u3089\u306a\u308b\u5e02\u5834\u6210\u9577\u304c\u671f\u5f85\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u5e02\u5834\u898f\u6a21<\/h2>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u5e02\u5834\u306f\u3001\u4e16\u754c\u7684\u306b\u305d\u306e\u5b58\u5728\u611f\u3092\u9ad8\u3081\u3066\u304a\u308a\u3001\u904b\u7528\u8cc7\u7523\u6b8b\u9ad8\u306f\u5e74\u3005\u62e1\u5927\u3092\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u3001\u6b27\u7c73\u3068\u65e5\u672c\u3067\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u72b6\u6cc1\u3092\u6bd4\u8f03\u3057\u306a\u304c\u3089\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u7c73\u56fd\u306b\u304a\u3051\u308b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u5e02\u5834\u306e\u62e1\u5927<\/h3>\n\n\n\n<p>\u6b27\u7c73\u3067\u306f\u3001\u3059\u3067\u306b\u91cd\u8981\u306a\u8cc7\u91d1\u4f9b\u7d66\u6e90\u306e\u4e00\u3064\u3068\u3057\u3066\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u304c\u5b9a\u7740\u3057\u3001\u6210\u719f\u3057\u305f\u5e02\u5834\u3092\u5f62\u6210\u3057\u3064\u3064\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u7279\u306b\u7c73\u56fd\u3067\u306f\u3001\u91d1\u878d\u5371\u6a5f\u5f8c\u306e\u4f4e\u91d1\u5229\u74b0\u5883\u3084\u898f\u5236\u5f37\u5316\u304c\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u6210\u9577\u3092\u5f8c\u62bc\u3057\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u65e5\u672c\u9280\u884c\u306e\u8abf\u67fb\u306b\u3088\u308b\u3068\u3001<strong><span class=\"swl-marker mark_yellow\">2023\u5e746\u6708\u6642\u70b9\u3067\u4e16\u754c\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u904b\u7528\u8cc7\u7523\u6b8b\u9ad8\u306f1.7\u5146\u30c9\u30eb\u306b\u9054\u3057\u3001\u904e\u53bb10\u5e74\u3067\u7d044\u500d\u306b\u62e1\u5927\u3057\u3066\u3044\u307e\u3059\u3002<\/span><\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"934\" height=\"778\" src=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-2.webp\" alt=\"\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u904b\u7528\u8cc7\u7523\u984d\u63a8\u79fb\" class=\"wp-image-7154\" style=\"width:560px;height:auto\" srcset=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-2.webp 934w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-2-300x250.webp 300w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-2-768x640.webp 768w\" sizes=\"(max-width: 934px) 100vw, 934px\" \/><figcaption class=\"wp-element-caption\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u30fb\u30d5\u30a1\u30f3\u30c9\u306e\u904b\u7528\u8cc7\u7523\u6b8b\u9ad8<br>\u51fa\u5178\uff1a\u65e5\u672c\u9280\u884c\uff5c<a href=\"https:\/\/www.boj.or.jp\/research\/wps_rev\/rev_2024\/data\/rev24j03.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30fb\u30d5\u30a1\u30f3\u30c9\u306e\u5b9f\u614b\u3068\u91d1\u5229\u4e0a\u6607\u4e0b\u306e\u52d5\u5411<\/a><\/figcaption><\/figure><\/div>\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><strong><span style=\"--the-icon-svg: url(data:image\/svg+xml;base64,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)\" data-icon=\"LsLightbulbOutline\" data-id=\"0\" aria-hidden=\"true\" class=\"swl-inline-icon\">\u2003<\/span>\u7c73\u56fd\u3084\u6b27\u7c73\u3067\u306ePD\u30d5\u30a1\u30f3\u30c9\u62e1\u5927\u306e\u4e3b\u306a\u80cc\u666f<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<ul class=\"wp-block-list\">\n<li>\u91d1\u878d\u898f\u5236\u306e\u5f71\u97ff\u20252008\u5e74\u306e\u91d1\u878d\u5371\u6a5f\u5f8c\u3001\u9280\u884c\u3078\u306e\u898f\u5236\u304c\u5f37\u5316\u3055\u308c\u3001\u4e2d\u5c0f\u4f01\u696d\u3078\u306e\u878d\u8cc7\u304c\u6e1b\u5c11<\/li>\n\n\n\n<li>\u4f4e\u91d1\u5229\u306e\u9577\u671f\u5316\u2025\u6295\u8cc7\u5bb6\u304c\u3088\u308a\u9ad8\u3044\u5229\u56de\u308a\u3092\u6c42\u3081\u3066\u3001\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\u306b\u30b7\u30d5\u30c8<\/li>\n\n\n\n<li>\u4f01\u696d\u306e\u30cb\u30fc\u30ba\u2025\u6210\u9577\u4f01\u696d\u304c\u67d4\u8edf\u306a\u8cc7\u91d1\u8abf\u9054\u3092\u6c42\u3081\u3001PD\u30d5\u30a1\u30f3\u30c9\u304c\u53f0\u982d<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>\u3055\u3089\u306b\u3001IMF\uff08\u56fd\u969b\u901a\u8ca8\u57fa\u91d1\uff09\u306e2024\u5e744\u6708\u306e\u5831\u544a\u306b\u3088\u308b\u3068\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u3092\u542b\u3080\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u5e02\u5834\u306f2.1\u5146\u30c9\u30eb\u898f\u6a21\u306b\u6210\u9577\u3057\u3066\u304a\u308a\u3001\u7279\u306b\u7c73\u56fd\u3067\u6025\u62e1\u5927\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u65e5\u672c\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30c7\u30c3\u30c8\u5e02\u5834\u306e\u73fe\u72b6\u3068\u4eca\u5f8c<\/h3>\n\n\n\n<p>2024\u5e74\u306e\u65e5\u9280\u30ec\u30d3\u30e5\u30fc\u306b\u3088\u308b\u3068\u3001\u65e5\u672c\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u5e02\u5834\u898f\u6a21\u306f\u7c73\u6b27\u306b\u6bd4\u3079\u3066\u9650\u5b9a\u7684\u3067\u3001\u56fd\u5185\u3067\u306f\u4f9d\u7136\u3068\u3057\u3066\u5730\u65b9\u9280\u884c\u3084\u4fe1\u7528\u91d1\u5eab\u306b\u3088\u308b\u4e2d\u5c0f\u4f01\u696d\u878d\u8cc7\u304c\u4e3b\u6d41\u3092\u5360\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3055\u3089\u306b\u3001\u65e5\u672c\u306f\u7c73\u6b27\u306b\u6bd4\u3079\u3066\u8cb8\u51fa\u91d1\u5229\u304c\u4f4e\u304f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306b\u3068\u3063\u3066\u306f\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u306e\u898b\u5408\u308f\u306a\u3044\u5e02\u5834\u3068\u898b\u306a\u3055\u308c\u3084\u3059\u3044\u3053\u3068\u3082\u3001\u6210\u9577\u306e\u30cf\u30fc\u30c9\u30eb\u306e\u4e00\u3064\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3060\u3057\u3001\u8fd1\u5e74\u306f\u5f90\u3005\u306b\u30d7\u30ec\u30a4\u30e4\u30fc\u304c\u5897\u3048\u3064\u3064\u3042\u308a\u3001\u5f93\u6765\u306e\u9280\u884c\u878d\u8cc7\u3067\u306f\u5bfe\u5fdc\u304c\u96e3\u3057\u3044\u8cc7\u91d1\u30cb\u30fc\u30ba\u3092\u62b1\u3048\u308b\u4e2d\u5c0f\u4f01\u696d\u3084\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7\u306b\u3068\u3063\u3066\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u306f\u65b0\u305f\u306a\u8cc7\u91d1\u6e90\u3068\u3057\u3066\u6ce8\u76ee\u3055\u308c\u59cb\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u52a0\u3048\u3066\u3001<strong><span class=\"swl-marker mark_yellow\">\u6295\u8cc7\u5bfe\u8c61\u3068\u3057\u3066\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u3078\u306e\u95a2\u5fc3\u3082\u9ad8\u307e\u308a\u3064\u3064\u3042\u308a\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u3084\u5bcc\u88d5\u5c64\u3092\u4e2d\u5fc3\u306b\u51fa\u8cc7\u306e\u52d5\u304d\u3082\u5e83\u304c\u3063\u3066\u3044\u307e\u3059<\/span><\/strong>\u3002<\/p>\n\n\n\n<p>\u6d77\u5916\u306e\u5927\u624b\u904b\u7528\u4f1a\u793e\u3082\u65e5\u672c\u5e02\u5834\u3078\u306e\u53c2\u5165\u3092\u9032\u3081\u3066\u304a\u308a\u3001\u4e00\u4f8b\u3068\u3057\u3066\u3001\u7c73\u30a2\u30ec\u30b9\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306f2024\u5e74\u306b\u672c\u683c\u7684\u306a\u4e8b\u696d\u5c55\u958b\u3092\u958b\u59cb\u3057\u3001\u65e5\u672c\u306e\u6295\u8cc7\u5bb6\u5411\u3051\u306b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u5546\u54c1\u3092\u63d0\u4f9b\u3057\u59cb\u3081\u3066\u3044\u307e\u3059\u3002\uff08\u95a2\u9023\u8a18\u4e8b\uff1a<a href=\"https:\/\/www.bloomberg.co.jp\/news\/articles\/2023-04-25\/RTN8DBT0G1QM01?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener\">Bloomberg\uff5c\u7c73\u30a2\u30ec\u30b9\u304c\u5bcc\u88d5\u5c64\u5411\u3051\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff0d2000\u5104\u5186\u898f\u6a21<\/a>\uff09<\/p>\n\n\n\n<p>\u4ed6\u306b\u3082\u3001\u7c73\u30d6\u30e9\u30c3\u30af\u30b9\u30c8\u30fc\u30f3\u30fb\u30b0\u30eb\u30fc\u30d7\u306f\u30012023\u5e74\u306b\u5927\u548c\u8a3c\u5238\u30b0\u30eb\u30fc\u30d7\u3068\u63d0\u643a\u3057\u3001\u7c73\u56fd\u4f01\u696d\u3078\u306e\u76f4\u63a5\u8cb8\u3057\u4ed8\u3051\u3092\u884c\u3046\u65e5\u672c\u521d\u306e\u516c\u52df\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u307e\u3057\u305f\u3002(\u53c2\u8003\uff1a<a href=\"https:\/\/qfund.daiwa.jp\/dpbfnd\/dpf01\/qsearch.exe?F=dwsf2%2Funyo&amp;KEY1=0876\" target=\"_blank\" rel=\"noreferrer noopener\">\u5927\u548c\u8a3c\u5238\uff5c\u30c0\u30a4\u30ef\u30fb\u30d6\u30e9\u30c3\u30af\u30b9\u30c8\u30fc\u30f3\u30fb\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30af\u30ec\u30b8\u30c3\u30c8\u30fb\u30d5\u30a1\u30f3\u30c9\uff08\u7c73\u30c9\u30eb\u5efa\u3066\uff09<\/a>)<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u30ed\u30f3\u30c9\u30f3\u306e\u91d1\u878d\u8abf\u67fb\u4f1a\u793e\u200bPreqin\u306b\u3088\u308b\u3068\u3001\u65e5\u672c\u304b\u3089\u6d77\u5916\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u5e02\u5834\u3078\u306e\u6295\u8cc7\u3060\u3051\u3067\u306a\u304f\u3001\u65e5\u672c\u56fd\u5185\u3067\u3082\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u5e02\u5834\u3078\u306e\u6295\u8cc7\u304c\u5e83\u304c\u3063\u3066\u304a\u308a\u30012023\u5e749\u6708\u6642\u70b9\u306e\u904b\u7528\u8cc7\u7523\u306f81\u5104\u30c9\u30eb\u3068\u3001\u904e\u53bb6\u5e74\u3067\u6700\u9ad8\u3092\u8a18\u9332\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u4eca\u5f8c\u306f\u3001\u65e5\u672c\u56fd\u5185\u306e\u8cc7\u7523\u904b\u7528\u306e\u591a\u69d8\u5316\u3084\u3001\u5bb6\u8a08\u306b\u7720\u308b4500\u5146\u5186\u898f\u6a21\u306e\u91d1\u878d\u8cc7\u7523\u306e\u6d3b\u7528\u4fc3\u9032\u3068\u3044\u3063\u305f\u6d41\u308c\u3082\u8ffd\u3044\u98a8\u3068\u306a\u308a\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u5e02\u5834\u304c\u3055\u3089\u306b\u6d3b\u6c17\u3065\u304f\u3053\u3068\u304c\u671f\u5f85\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u9b45\u529b<\/h2>\n\n\n\n<p>\u3067\u306f\u3001\u306a\u305c\u4eca\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u304c\u6295\u8cc7\u5bb6\u306e\u95a2\u5fc3\u3092\u96c6\u3081\u3066\u3044\u308b\u306e\u3067\u3057\u3087\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u3001PD\u30d5\u30a1\u30f3\u30c9\u306e\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306e\u30e1\u30ea\u30c3\u30c8\u30924\u3064\u306e\u30dd\u30a4\u30f3\u30c8\u306b\u5206\u3051\u3066\u308f\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><strong>\u6295\u8cc7\u5bb6\u76ee\u7dda\u3067\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u30e1\u30ea\u30c3\u30c8<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<ul class=\"wp-block-list\">\n<li><a href=\"#merit1\">\u9ad8\u3044\u5229\u56de\u308a\u304c\u671f\u5f85\u3067\u304d\u308b<\/a><\/li>\n\n\n\n<li><a href=\"#merit2\">\u9ad8\u91d1\u5229\u74b0\u5883\u4e0b\u3067\u3082\u5b89\u5b9a\u53ce\u76ca\u304c\u898b\u8fbc\u3081\u308b<\/a><\/li>\n\n\n\n<li><a href=\"#merit3\">\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u591a\u69d8\u5316\u306b\u3088\u308b\u30ea\u30b9\u30af\u5206\u6563\u304c\u53ef\u80fd<\/a><\/li>\n\n\n\n<li><a href=\"#merit4\">\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u304c\u671f\u5f85\u3067\u304d\u308b<\/a><\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"merit1\">\u9ad8\u3044\u5229\u56de\u308a\u304c\u671f\u5f85\u3067\u304d\u308b<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u6700\u5927\u306e\u9b45\u529b\u306f\u3001<strong><span class=\"swl-marker mark_yellow\">\u6bd4\u8f03\u7684\u9ad8\u3044\u5229\u56de\u308a\uff08\u30ea\u30bf\u30fc\u30f3\uff09\u304c\u671f\u5f85\u3067\u304d\u308b\u70b9\u3067\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<p>\u65e5\u672c\u306e\u4e00\u822c\u7684\u306a\u5b9a\u671f\u9810\u91d1\u3084\u56fd\u50b5\u306e\u91d1\u5229\u306f\u5e740.2\u301c0.7\uff05\u7a0b\u5ea6\u3068\u975e\u5e38\u306b\u4f4e\u6c34\u6e96\u3067\u3059\u304c\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u3067\u306f\u3001\u5e747\u301c11\uff05\u524d\u5f8c\u306e\u5229\u56de\u308a\u3092\u76ee\u6307\u3059\u3082\u306e\u304c\u591a\u304f\u3001\u4f1d\u7d71\u7684\u306a\u50b5\u5238\u3084\u9810\u91d1\u306b\u6bd4\u3079\u3066\u306f\u308b\u304b\u306b\u9ad8\u3044\u5229\u56de\u308a\u304c\u671f\u5f85\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><strong><span style=\"--the-icon-svg: url(data:image\/svg+xml;base64,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)\" data-icon=\"LsLightbulbOutline\" data-id=\"0\" aria-hidden=\"true\" class=\"swl-inline-icon\">\u2003<\/span>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u304c\u9ad8\u5229\u56de\u308a\u306a\u7406\u7531<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<ul class=\"wp-block-list\">\n<li>\u9280\u884c\u878d\u8cc7\u3092\u53d7\u3051\u306b\u304f\u3044\u4f01\u696d\u3078\u306e\u8cb8\u4ed8\u306b\u306f\u30ea\u30b9\u30af\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u4e0a\u4e57\u305b\u3055\u308c\u3001\u9ad8\u91d1\u5229\u304c\u8a2d\u5b9a\u3055\u308c\u308b<\/li>\n\n\n\n<li>\u4e0a\u5834\u5e02\u5834\u3092\u4ecb\u3055\u306a\u3044\u975e\u6d41\u52d5\u6027\u8cc7\u7523\u3067\u3042\u308b\u4ee3\u511f\u3068\u3057\u3066\u3001\u9ad8\u3044\u5229\u56de\u308a\u304c\u671f\u5f85\u3055\u308c\u308b<\/li>\n\n\n\n<li>\u30d5\u30a1\u30f3\u30c9\u304c\u76f4\u63a5\u878d\u8cc7\u3092\u884c\u3046\u3053\u3068\u3067\u3001\u4e2d\u9593\u30b3\u30b9\u30c8\u3092\u6291\u3048\u305f\u52b9\u7387\u7684\u306a\u904b\u7528\u304c\u53ef\u80fd<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<figure class=\"wp-block-table is-all-centered--va has-xs-font-size\"><table style=\"--swl-cell1-width:160px;\" class=\"has-fixed-layout\"><thead><tr><th>\u8cc7\u7523\u30af\u30e9\u30b9<\/th><th>\u671f\u5f85\u5229\u56de\u308a\uff08\u5e74\u7387\uff09<\/th><\/tr><\/thead><tbody><tr><th>\u56fd\u5185\u50b5\u5238<\/th><td>\u56fd\u50b5 0.2\u301c0.7\uff05\u7a0b\u5ea6<br>\u793e\u50b5 0.3\u301c1.0\uff05\u7a0b\u5ea6<\/td><\/tr><tr><th>\u5148\u9032\u56fd\u50b5\u5238<\/th><td>\u7c73\u56fd\u50b5 4.0\u301c4.5\uff05\u7a0b\u5ea6<br>\u7c73\u793e\u50b5(\u6295\u8cc7\u9069\u683c) 4\u301c6\uff05\u524d\u5f8c<\/td><\/tr><tr><th>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8<\/th><td>&nbsp;7\u301c11\uff05\u524d\u5f8c<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">\u4e3b\u306a\u8cc7\u7523\u30af\u30e9\u30b9\u306e\u671f\u5f85\u5229\u56de\u308a\uff08\u5e74\u7387\u30fb\u76ee\u5b89\uff09<\/figcaption><\/figure>\n\n\n\n<p>\u305d\u306e\u3076\u3093\u30ea\u30b9\u30af\u306f\u3042\u308a\u307e\u3059\u304c\u3001\u5b9a\u671f\u9810\u91d1\u3084\u65e5\u672c\u56fd\u50b5\u306e\u3088\u3046\u306a\u8d85\u4f4e\u91d1\u5229\u8cc7\u7523\u306b\u6bd4\u3079\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u306f\u6570\u500d\u306e\u5229\u56de\u308a\u3092\u72d9\u3048\u308b\u3053\u3068\u304b\u3089\u3001\u9ad8\u30ea\u30bf\u30fc\u30f3\u3092\u91cd\u8996\u3059\u308b\u9577\u671f\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6709\u529b\u306a\u9078\u629e\u80a2\u3068\u306a\u308a\u5f97\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"merit2\">\u9ad8\u91d1\u5229\u74b0\u5883\u4e0b\u3067\u3082\u5b89\u5b9a\u53ce\u76ca\u304c\u898b\u8fbc\u3081\u308b<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u591a\u304f\u306f\u5909\u52d5\u91d1\u5229\u3092\u63a1\u7528\u3057\u3066\u304a\u308a\u3001\u5e02\u5834\u91d1\u5229\u304c\u4e0a\u6607\u3059\u308c\u3070\u8cb8\u4ed8\u91d1\u5229\u3082\u9023\u52d5\u3057\u3066\u4e0a\u304c\u308b\u4ed5\u7d44\u307f\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3068\u3048\u3070\u3001\u300c\u5e02\u5834\u91d1\u5229\uff0b6\uff05\u300d\u3068\u3044\u3046\u6761\u4ef6\u3067\u3042\u308c\u3070\u3001\u5e02\u5834\u91d1\u5229\u304c2\uff05\u306e\u3068\u304d\u306f\u5229\u73878\uff05\u30014\uff05\u306b\u306a\u308c\u307010\uff05\u3078\u3068\u4e0a\u6607\u3057\u3001<strong><span class=\"swl-marker mark_yellow\">\u91d1\u5229\u304c\u4e0a\u304c\u308b\u307b\u3069\u6295\u8cc7\u5bb6\u306e\u53d7\u3051\u53d6\u308b\u5229\u606f\u3082\u5897\u3048\u308b\u306e\u304c\u7279\u5fb4\u3067\u3059<\/span><\/strong>\u3002<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"602\" src=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-4-1024x602.webp\" alt=\"\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u5909\u52d5\u91d1\u5229\u5236\u306e\u30a4\u30e1\u30fc\u30b8\" class=\"wp-image-7221\" style=\"width:636px;height:auto\" srcset=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-4-1024x602.webp 1024w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-4-300x176.webp 300w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-4-768x452.webp 768w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-4.webp 1433w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u51fa\u5178\uff1a<a href=\"https:\/\/www.daiwa.jp\/content\/dam\/daiwasecurities\/products\/fund\/include\/0\/0876\/l0876.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">\u5927\u548c\u8a3c\u5238<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>\u3053\u308c\u306f\u3001\u91d1\u5229\u4e0a\u6607\u5c40\u9762\u3067\u4fa1\u683c\u304c\u4e0b\u304c\u308a\u3084\u3059\u3044\u56fa\u5b9a\u91d1\u5229\u306e\u50b5\u5238\u3068\u306f\u5bfe\u7167\u7684\u3067\u3001\u9ad8\u91d1\u5229\u74b0\u5883\u3084\u91d1\u5229\u4e0a\u6607\u5c40\u9762\u3067\u3082\u5b89\u5b9a\u3057\u305f\u53ce\u76ca\u304c\u898b\u8fbc\u3081\u308b\u70b9\u304c\u8a55\u4fa1\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u591a\u69d8\u5316\u306b\u3088\u308b\u30ea\u30b9\u30af\u5206\u6563\u304c\u53ef\u80fd<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u682a\u5f0f\u3084\u56fd\u50b5\u306a\u3069\u306e\u4f1d\u7d71\u7684\u306a\u8cc7\u7523\u3068\u306f\u7570\u306a\u308b\u5024\u52d5\u304d\u3092\u3059\u308b\u305f\u3081\u3001\u6295\u8cc7\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u7d44\u307f\u5165\u308c\u308b\u3053\u3068\u3067\u30ea\u30b9\u30af\u5206\u6563\u306e\u52b9\u679c\u304c\u671f\u5f85\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3068\u3048\u3070\u3001\u682a\u5f0f\u3084REIT\uff08\u4e0d\u52d5\u7523\u6295\u8cc7\u4fe1\u8a17\uff09\u306f\u3001\u666f\u6c17\u3084\u91d1\u878d\u5e02\u5834\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3084\u3059\u304f\u3001\u7d4c\u6e08\u306e\u60aa\u5316\u3084\u5e02\u5834\u306e\u4e0b\u843d\u5c40\u9762\u3067\u306f\u5927\u304d\u304f\u5024\u4e0b\u304c\u308a\u3059\u308b\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3001<strong><span class=\"swl-marker mark_yellow\">\u4f01\u696d\u3078\u306e\u8cb8\u4ed8\u306b\u3088\u308b\u5229\u606f\uff08\u30a4\u30f3\u30ab\u30e0\u53ce\u5165\uff09\u3092\u4e3b\u306a\u53ce\u76ca\u6e90\u3068\u3057\u3066\u304a\u308a\u3001\u666f\u6c17\u3084\u5e02\u5834\u306e\u77ed\u671f\u7684\u306a\u5909\u52d5\u306b\u306f\u6bd4\u8f03\u7684\u5f71\u97ff\u3092\u53d7\u3051\u306b\u304f\u3044\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<p>\u4ee5\u4e0b\u306e\u56f3\u304b\u3089\u3082\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\uff08PD\uff09\u304c\u3001\u4ed6\u306e\u8cc7\u7523\u30af\u30e9\u30b9\u306b\u6bd4\u3079\u3066\u30ea\u30bf\u30fc\u30f3\u306e\u3070\u3089\u3064\u304d\uff08\u6a19\u6e96\u504f\u5dee\uff09\u304c\u5c0f\u3055\u304f\u3001\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306e\u5747\u8861\u304c\u53d6\u308c\u305f\u3001\u6bd4\u8f03\u7684\u5b89\u5b9a\u3057\u305f\u8cc7\u7523\u3067\u3042\u308b\u3053\u3068\u304c\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" width=\"856\" height=\"1024\" src=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-3-856x1024.webp\" alt=\"\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\" class=\"wp-image-7182\" style=\"width:480px;height:auto\" srcset=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-3-856x1024.webp 856w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-3-251x300.webp 251w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-3-768x919.webp 768w, https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2025\/04\/private-debt-fund-japan-3.webp 952w\" sizes=\"(max-width: 856px) 100vw, 856px\" \/><figcaption class=\"wp-element-caption\">\u51fa\u5178\uff1a\u65e5\u672c\u9280\u884c\uff5c<a href=\"https:\/\/www.boj.or.jp\/research\/wps_rev\/rev_2022\/data\/rev22j01.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u878d\u8cc7\u624b\u6cd5<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>\u305f\u3060\u3057\u3001\u307e\u3063\u305f\u304f\u7121\u95a2\u4fc2\u3068\u3044\u3046\u308f\u3051\u3067\u306f\u306a\u304f\u3001<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u7d4c\u6e08\u5168\u4f53\u304c\u5927\u304d\u304f\u60aa\u5316\u3059\u308c\u3070\u3001\u501f\u308a\u624b\u4f01\u696d\u306e\u8fd4\u6e08\u80fd\u529b\u304c\u4f4e\u4e0b\u3057\u3001\u30c7\u30d5\u30a9\u30eb\u30c8\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b<\/span><\/strong>\u70b9\u306b\u306f\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u6295\u8cc7\u5148\u4f01\u696d\u306e\u4fe1\u7528\u529b\u3084\u30d5\u30a1\u30f3\u30c9\u306e\u904b\u7528\u6226\u7565\u306b\u3088\u3063\u3066\u30ea\u30b9\u30af\u304c\u7570\u306a\u308b\u70b9\u306f\u7559\u610f\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"merit4\">\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u304c\u671f\u5f85\u3067\u304d\u308b<\/h3>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\uff08\u7269\u4fa1\u4e0a\u6607\uff09\u304c\u9032\u3080\u3068\u3001\u73fe\u91d1\u3084\u5b9a\u671f\u9810\u91d1\u306a\u3069\u306e\u56fa\u5b9a\u91d1\u5229\u578b\u8cc7\u7523\u306f<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u300c\u5b9f\u8cea\u7684\u306a\u4fa1\u5024\u300d\u304c\u4e0b\u304c\u308a\u3001\u8cfc\u8cb7\u529b\u304c\u4f4e\u4e0b\u3057\u307e\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<p>\u305f\u3068\u3048\u3070\u3001\u7269\u4fa1\u304c\u5e743\uff05\u4e0a\u6607\u3057\u3066\u3044\u308b\u4e2d\u3067\u3001\u91d1\u52291\uff05\u306e\u9810\u91d1\u306b\u8cc7\u7523\u3092\u9810\u3051\u3066\u3044\u305f\u5834\u5408\u3001\u5b9f\u8cea\u7684\u306b\u306f2\uff05\u306e\u76ee\u6e1b\u308a\u3068\u306a\u308b\u305f\u3081\u3001\u8cc7\u7523\u306e\u300c\u5b9f\u8cea\u4fa1\u5024\u300d\u3092\u7dad\u6301\u3059\u308b\u305f\u3081\u306b\u306f\u300c\u30a4\u30f3\u30d5\u30ec\u306b\u5f37\u3044\u8cc7\u7523\u300d\u306e\u4fdd\u6709\u304c\u9375\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u89b3\u70b9\u3067\u306f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u306e\u624b\u6bb5\u3068\u3057\u3066\u6ce8\u76ee\u3055\u308c\u308b\u8cc7\u7523\u30af\u30e9\u30b9\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u524d\u8ff0\u306e\u3088\u3046\u306b\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u591a\u304f\u304c\u5909\u52d5\u91d1\u5229\u578b\u306e\u8cb8\u4ed8\u3092\u63a1\u7528\u3057\u3066\u304a\u308a\u3001\u5e02\u5834\u91d1\u5229\u3084\u653f\u7b56\u91d1\u5229\u304c\u4e0a\u6607\u3059\u308c\u3070\u3001\u305d\u308c\u306b\u9023\u52d5\u3057\u3066\u5229\u606f\u3082\u4e0a\u304c\u308b\u4ed5\u7d44\u307f\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<br><br>\u305d\u306e\u7d50\u679c\u3001\u30a4\u30f3\u30d5\u30ec\u5c40\u9762\u3067\u3082\u53ce\u76ca\u6027\u304c\u7dad\u6301\u3055\u308c\u3084\u3059\u304f\u3001\u73fe\u91d1\u3084\u5b9a\u671f\u9810\u91d1\u3067\u306f\u30ab\u30d0\u30fc\u3057\u304d\u308c\u306a\u3044\u30a4\u30f3\u30d5\u30ec\u306e\u5f71\u97ff\u3092\u7de9\u548c\u3059\u308b\u624b\u6bb5\u3068\u306a\u308a\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u30ea\u30b9\u30af\u3068\u6ce8\u610f\u70b9<\/h2>\n\n\n\n<p>\u9b45\u529b\u304c\u591a\u3044\u4e00\u65b9\u3067\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306b\u306f\u7279\u6709\u306e\u30ea\u30b9\u30af\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u30ea\u30b9\u30af\u3068\u6ce8\u610f\u70b9<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<ul class=\"wp-block-list\">\n<li><a href=\"#liquidity\">\u6d41\u52d5\u6027\u306e\u4f4e\u3055\uff08\u9014\u4e2d\u3067\u63db\u91d1\u3057\u306b\u304f\u3044\uff09<\/a><\/li>\n\n\n\n<li><a href=\"#minimum-investment\">\u6700\u4f4e\u6295\u8cc7\u91d1\u984d\u304c\u9ad8\u3081<\/a><\/li>\n\n\n\n<li><a href=\"#Credit-risk\">\u501f\u308a\u624b\u306e\u4fe1\u7528\u30ea\u30b9\u30af\uff08\u8cb8\u3057\u5012\u308c\uff09<\/a><\/li>\n\n\n\n<li><a href=\"#transparency\">\u60c5\u5831\u306e\u975e\u516c\u958b\u6027\u3068\u900f\u660e\u6027\u306e\u8ab2\u984c\u304c\u3042\u308b<\/a><\/li>\n\n\n\n<li><a href=\"#foreign-exchange-risk\">\u70ba\u66ff\u30ea\u30b9\u30af\uff08\u6d77\u5916\u30d5\u30a1\u30f3\u30c9\u306e\u5834\u5408\uff09<\/a><\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"liquidity\">\u6d41\u52d5\u6027\u306e\u4f4e\u3055\uff08\u9014\u4e2d\u3067\u63db\u91d1\u3057\u306b\u304f\u3044\uff09<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u5927\u304d\u306a\u7279\u5fb4\u306e\u4e00\u3064\u304c\u3001<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u300c\u6d41\u52d5\u6027\u306e\u4f4e\u3055\u300d<\/span><\/strong>\u3067\u3059\u3002<br><br>\u300c\u6d41\u52d5\u6027\u300d\u306f\u8cc7\u7523\u3092\u3059\u3050\u306b\u73fe\u91d1\u5316\u3067\u304d\u308b\u304b\u3092\u6307\u3057\u3001\u7279\u306b\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u306f\u904b\u7528\u65b9\u91dd\u3092\u6c7a\u5b9a\u3059\u308b\u4e0a\u3067\u91cd\u8981\u306a\u8981\u7d20\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3068\u3048\u3070\u3001\u4e0a\u5834\u682a\u5f0f\u3084\u516c\u52df\u6295\u8cc7\u4fe1\u8a17\u3067\u3042\u308c\u3070\u3001\u901a\u5e38\u306f\u5e02\u5834\u3092\u901a\u3058\u3066\u3044\u3064\u3067\u3082\u58f2\u5374\u3067\u304d\u307e\u3059\u304c\u3001\u975e\u516c\u958b\u5e02\u5834\u3067\u904b\u7528\u3055\u308c\u308b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u305d\u3046\u306f\u3044\u304d\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p>\u591a\u304f\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u30af\u30ed\u30fc\u30ba\u30c9\u30a8\u30f3\u30c9\u578b\u3067\u3001<strong><span class=\"swl-marker mark_yellow\">\u6295\u8cc7\u5f8c\u306f\u539f\u5247\u3068\u3057\u3066\u4e2d\u9014\u89e3\u7d04\u304c\u3067\u304d\u305a\u3001\u904b\u7528\u671f\u9593\u4e2d\u306f\u8cc7\u91d1\u304c\u9577\u671f\u9593\u56fa\u5b9a\u3055\u308c\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/strong><br><br>\u3053\u308c\u306f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u304c\u4f01\u696d\u3078\u306e\u9577\u671f\u8cb8\u4ed8\u3092\u524d\u63d0\u3068\u3057\u305f\u904b\u7528\u30b9\u30bf\u30a4\u30eb\u3067\u3042\u308a\u3001\u5b89\u5b9a\u3057\u305f\u8cc7\u91d1\u7ba1\u7406\u3092\u4fdd\u3064\u5fc5\u8981\u304c\u3042\u308b\u3068\u3044\u3046\u904b\u7528\u5074\u306e\u4e8b\u60c5\u304c\u3042\u308b\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u305f\u3081\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u3078\u306e\u6295\u8cc7\u306f\u3001\u8cc7\u91d1\u306e\u51fa\u3057\u5165\u308c\u3092\u67d4\u8edf\u306b\u884c\u3044\u305f\u3044\u6295\u8cc7\u5bb6\u306b\u306f\u4e0d\u5411\u304d\u3067\u3042\u308a\u3001\u81ea\u8eab\u306e\u8cc7\u91d1\u8a08\u753b\u3084\u4e8b\u60c5\u306b\u5fdc\u3058\u3066\u614e\u91cd\u306b\u5224\u65ad\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"minimum-investment\">\u6700\u4f4e\u6295\u8cc7\u91d1\u984d\u304c\u9ad8\u3081<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u3082\u3046\u4e00\u3064\u306e\u7279\u5fb4\u304c\u3001\u6700\u4f4e\u6295\u8cc7\u91d1\u984d\u306e\u9ad8\u3055\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u901a\u5e38\u3001\u9650\u3089\u308c\u305f\u6295\u8cc7\u5bb6\uff08\u6a5f\u95a2\u6295\u8cc7\u5bb6\u3084\u5bcc\u88d5\u5c64\uff09\u3092\u5bfe\u8c61\u3068\u3057\u305f\u79c1\u52df\u578b\u306e\u5546\u54c1\u3067\u3042\u308b\u305f\u3081\u3001\u6570\u767e\u4e07\u5186\u301c\u6570\u5104\u5186\u5358\u4f4d\u306e\u8cc7\u91d1\u304c\u5fc5\u8981\u3068\u306a\u308b\u30b1\u30fc\u30b9\u3082\u73cd\u3057\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p>\u8fd1\u5e74\u3067\u306f\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u5411\u3051\u306b500\u4e07\u5186\u7a0b\u5ea6\u3067\u6295\u8cc7\u3067\u304d\u308b\u5546\u54c1\u3082\u767b\u5834\u3057\u3066\u3044\u307e\u3059\u304c\u3001\u4f9d\u7136\u3068\u3057\u3066\u4e00\u822c\u306e\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u624b\u8efd\u306b\u59cb\u3081\u3089\u308c\u308b\u6c34\u6e96\u3068\u306f\u8a00\u3044\u306b\u304f\u3044\u306e\u304c\u5b9f\u60c5\u3067\u3059\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><span style=\"--the-icon-svg: url(data:image\/svg+xml;base64,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)\" data-icon=\"LsLightbulbOutline\" data-id=\"0\" aria-hidden=\"true\" class=\"swl-inline-icon\">\u2003<\/span><strong>\u30cf\u30a4\u30af\u30a2\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<p>\u30fb\u5b89\u5b9a\u3057\u305f\u4e8b\u696d\u57fa\u76e4\u3092\u6301\u3064\u65e5\u7cfb\u30d9\u30c8\u30ca\u30e0\u4f01\u696d\u3078\u306e\u76f4\u63a5\u878d\u8cc7\uff08\u79c1\u52df\uff09<br>\u30fb\u904b\u55b6\u6b7410\u5e74\u4ee5\u4e0a<br>\u30fb<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u5e74\u522912\uff05\uff08\u56fa\u5b9a\uff09<\/span><\/strong><br>\u30fb<strong>\u6700\u4f4e\u6295\u8cc7\u984d500\u4e07\u5186<\/strong><br><span class=\"swl-inline-color has-swl-main-color\">&#x25b6;<a href=\"https:\/\/hayqua-international.co.jp\/lp\/vietnam00\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u7121\u6599\u8cc7\u6599\u8acb\u6c42\u53ef\u80fd<\/a><\/span><\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"Credit-risk\">\u501f\u308a\u624b\u4f01\u696d\u306e\u4fe1\u7528\u30ea\u30b9\u30af\uff08\u8cb8\u3057\u5012\u308c\uff09<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u8ca1\u52d9\u60c5\u5831\u306e\u958b\u793a\u304c\u9650\u5b9a\u7684\u306a\u975e\u516c\u958b\u4f01\u696d\u3084\u3001\u6210\u9577\u9014\u4e2d\u306e\u4f01\u696d\u306b\u878d\u8cc7\u3059\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u7279\u306b\u7d4c\u6e08\u74b0\u5883\u306e\u60aa\u5316\u6642\u306b\u306f<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u30c7\u30d5\u30a9\u30eb\u30c8\uff08\u8cb8\u3057\u5012\u308c\uff09\u306e\u30ea\u30b9\u30af\u304c\u9ad8\u307e\u308a\u3084\u3059\u3044\u70b9\u306b\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059<\/span><\/strong>\u3002<\/p>\n\n\n\n<p>\u591a\u304f\u306e\u30d5\u30a1\u30f3\u30c9\u3067\u306f\u3001\u4f01\u696d\u306e\u8ca1\u52d9\u72b6\u6cc1\u3084\u4e8b\u696d\u8a08\u753b\u3092\u7cbe\u67fb\u3057\u305f\u3046\u3048\u3067\u878d\u8cc7\u3092\u884c\u3044\u3001\u62c5\u4fdd\u306e\u8a2d\u5b9a\u3084\u8fd4\u6e08\u6761\u4ef6\u306b\u95a2\u3059\u308b\u5951\u7d04\uff08\u30b3\u30d9\u30ca\u30f3\u30c4\uff09\u3092\u8a2d\u3051\u3066\u30ea\u30b9\u30af\u3092\u6291\u3048\u308b\u5de5\u592b\u304c\u3055\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u8cb8\u3057\u5012\u308c\u30ea\u30b9\u30af\u3092\u5b8c\u5168\u306b\u6392\u9664\u3059\u308b\u3053\u3068\u306f\u3067\u304d\u307e\u305b\u3093\u3002<br><br>\u305d\u3082\u305d\u3082\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08PD\uff09\u306f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3\uff08PE\uff09\u30d5\u30a1\u30f3\u30c9\u3088\u308a\u3082\u30ea\u30bf\u30fc\u30f3\u304c\u63a7\u3048\u3081\u306a\u305f\u3081\u3001\u3072\u3068\u3064\u306e\u8cb8\u4ed8\u5148\u3067\u640d\u5931\u304c\u51fa\u308b\u3068\u3001\u30d5\u30a1\u30f3\u30c9\u5168\u4f53\u306e\u6210\u7e3e\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u304c\u5927\u304d\u304f\u306a\u308a\u3084\u3059\u3044\u3068\u3044\u3046\u69cb\u9020\u7684\u306a\u8106\u5f31\u6027\u3082\u62b1\u3048\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u5b9f\u969b\u306b\u3001\u65e2\u51fa\u306e\u65e5\u672c\u9280\u884c\u306e\u8abf\u67fb\u3067\u306f\u3001PD\u30d5\u30a1\u30f3\u30c9\u306e\u5143\u672c\u5272\u308c\u7387\u306f6.2\uff05\u3068\u3001PE\u30d5\u30a1\u30f3\u30c9\u306e\u7d042\u500d\u306b\u306e\u307c\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u305f\u3081\u3001\u4fe1\u7528\u30ea\u30b9\u30af\u3092\u6291\u3048\u308b\u306b\u306f\u3001\u6848\u4ef6\u306e\u5206\u6563\u306b\u52a0\u3048\u3001\u8cb8\u4ed8\u5148\u306e\u72b6\u6cc1\u3092\u7684\u78ba\u306b\u628a\u63e1\u30fb\u7ba1\u7406\u3067\u304d\u308b\u904b\u7528\u529b\u306e\u3042\u308b\u30d5\u30a1\u30f3\u30c9\u3092\u9078\u3076\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"transparency\">\u60c5\u5831\u306e\u975e\u516c\u958b\u6027\u3068\u900f\u660e\u6027\u306e\u8ab2\u984c\u304c\u3042\u308b<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u878d\u8cc7\u5148\u306f\u3001\u975e\u4e0a\u5834\u4f01\u696d\u3067\u3042\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u501f\u308a\u624b\u4f01\u696d\u306e\u8ca1\u52d9\u72b6\u6cc1\u3084\u696d\u7e3e\u3001\u8cc7\u91d1\u4f7f\u9014\u306e\u8a73\u7d30\u304c\u958b\u793a\u3055\u308c\u306a\u3044\u30b1\u30fc\u30b9\u3082\u5c11\u306a\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p>\u52a0\u3048\u3066\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u81ea\u4f53\u3082\u516c\u52df\u6295\u4fe1\u306e\u3088\u3046\u306b\u5b9a\u671f\u7684\u306a\u904b\u7528\u5831\u544a\u3092\u884c\u308f\u306a\u3044\u3053\u3068\u304c\u591a\u304f\u3001\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u904b\u7528\u72b6\u6cc1\u3084\u30ea\u30b9\u30af\u306e\u5168\u4f53\u50cf\u3092\u628a\u63e1\u3057\u306b\u304f\u3044\u3068\u3044\u3046\u554f\u984c\u70b9\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u60c5\u5831\u306e\u975e\u516c\u958b\u6027\u3084\u900f\u660e\u6027\u306e\u4f4e\u3055\u306f\u3001\u30d5\u30a1\u30f3\u30c9\u904b\u55b6\u306e\u5065\u5168\u6027\u3092\u898b\u6975\u3081\u305f\u308a\u3001\u9069\u5207\u306a\u6295\u8cc7\u6c7a\u5b9a\u3092\u4e0b\u3059\u3046\u3048\u3067\u306e\u59a8\u3052\u3068\u306a\u308a\u3001\u7279\u306b\u521d\u5fc3\u8005\u3084\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u4e0d\u5b89\u6750\u6599\u306b\u306a\u308a\u304c\u3061\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u305f\u3081\u3001\u6295\u8cc7\u306e\u969b\u306f\u300c\u30b9\u30c1\u30e5\u30ef\u30fc\u30c9\u30b7\u30c3\u30d7\u30fb\u30b3\u30fc\u30c9\u300d\u306e\u8003\u3048\u65b9\u306b\u57fa\u3065\u304d\u3001<strong><span class=\"swl-marker mark_yellow\">\u904b\u7528\u4f1a\u793e\u304c\u60c5\u5831\u958b\u793a\u3084\u8aac\u660e\u8cac\u4efb\u306b\u3057\u3063\u304b\u308a\u53d6\u308a\u7d44\u3093\u3067\u3044\u308b\u304b\u3069\u3046\u304b\u3001\u305d\u3046\u3057\u305f\u52aa\u529b\u304c\u898b\u3089\u308c\u308b\u304b\u306a\u3069\u3092\u78ba\u8a8d\u3059\u308b\u3053\u3068\u3082\u5927\u5207\u3067\u3059\u3002<\/span><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"foreign-exchange-risk\">\u70ba\u66ff\u30ea\u30b9\u30af\uff08\u6d77\u5916\u30d5\u30a1\u30f3\u30c9\u306e\u5834\u5408\uff09<\/h3>\n\n\n\n<p>\u65e5\u672c\u3067\u51fa\u8cc7\u306e\u52df\u96c6\u304c\u884c\u308f\u308c\u3066\u3044\u308b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u4e2d\u306b\u306f\u3001\u6d77\u5916\u4f01\u696d\u3078\u306e\u8cb8\u4ed8\u3092\u901a\u3058\u3066\u904b\u7528\u3055\u308c\u308b\u3082\u306e\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u30d5\u30a1\u30f3\u30c9\u306b\u6295\u8cc7\u3059\u308b\u969b\u306b\u306f\u3001\u70ba\u66ff\u30ea\u30b9\u30af\u306b\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u70ba\u66ff\u30ea\u30b9\u30af\u3068\u306f\u3001\u5916\u56fd\u901a\u8ca8\u3068\u5186\u306e\u30ec\u30fc\u30c8\u5909\u52d5\u306b\u3088\u308a\u3001\u5186\u63db\u7b97\u3057\u305f\u969b\u306e\u640d\u76ca\u304c\u5909\u52d5\u3059\u308b\u30ea\u30b9\u30af\u306e\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3068\u3048\u3070\u30011\u30c9\u30eb\uff1d100\u5186\u3067\u6295\u8cc7\u3057\u305f\u5f8c\u306b1\u30c9\u30eb\uff1d90\u5186\u3078\u5186\u9ad8\u304c\u9032\u3080\u3068\u3001\u30c9\u30eb\u5efa\u3066\u3067\u5229\u76ca\u304c\u51fa\u3066\u3044\u3066\u3082\u3001\u5186\u63db\u7b97\u3067\u306f\u640d\u5931\u306b\u306a\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u3088\u3046\u306a\u70ba\u66ff\u30ea\u30b9\u30af\u3092\u907f\u3051\u308b\u305f\u3081\u306b\u306f\u3001\u70ba\u66ff\u76f8\u5834\u306e\u52d5\u304d\u3092\u65e5\u9803\u304b\u3089\u7d99\u7d9a\u7684\u306b\u76e3\u8996\u3057\u7d9a\u3051\u308b\u3053\u3068\u304c\u5927\u5207\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u500b\u4eba\u304c\u6295\u8cc7\u3067\u304d\u308b\u65e5\u672c\u306ePD\u30d5\u30a1\u30f3\u30c9\u306f\u3042\u308b\uff1f<\/h2>\n\n\n\n<p>\u73fe\u5728\u306e\u3068\u3053\u308d\u3001\u65e5\u672c\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306b\u6295\u8cc7\u3059\u308b\u306b\u306f\u3001\u4f9d\u7136\u3068\u3057\u3066\u9ad8\u3044\u30cf\u30fc\u30c9\u30eb\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u591a\u304f\u306e\u30d5\u30a1\u30f3\u30c9\u306f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u5411\u3051\u306b\u8a2d\u8a08\u3055\u308c\u3066\u304a\u308a\u3001\u6700\u4f4e\u6295\u8cc7\u984d\u304c\u5343\uff5e\u5104\u5358\u4f4d\u3068\u9ad8\u984d\u306b\u8a2d\u5b9a\u3055\u308c\u3066\u3044\u308b\u30b1\u30fc\u30b9\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u8fd1\u5e74\u3001\u4e00\u90e8\u306e\u904b\u7528\u4f1a\u793e\u3067\u306f\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u3082\u9580\u6238\u3092\u958b\u304f\u5f62\u3067\u3001\u6700\u4f4e\u6295\u8cc7\u984d\u3092\u5f15\u304d\u4e0b\u3052\u305f\u5546\u54c1\u3084\u3001\u65e5\u672c\u56fd\u5185\u3067\u306e\u8ca9\u58f2\u306b\u5bfe\u5fdc\u3057\u305f\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u63d0\u4f9b\u304c\u9032\u3093\u3067\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><strong>\u65e5\u672c\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u30a2\u30af\u30bb\u30b9\u3067\u304d\u308bPD\u30d5\u30a1\u30f3\u30c9\u4e00\u4f8b<\/strong><\/span><\/div><div class=\"cap_box_content\">\n<p><span class=\"swl-inline-color has-black-color\">\u203b\u300c\u30d5\u30a1\u30f3\u30c9\u53c8\u306f\u904b\u7528\u4f1a\u793e\u540d\u300d\u306e\u30ea\u30f3\u30af\u3092\u62bc\u4e0b\u3059\u308b\u3068\u3001\u516c\u5f0f\u30b5\u30a4\u30c8\u306b\u9077\u79fb\u3057\u307e\u3059\u3002<\/span><\/p>\n\n\n<div class=\"c-scrollHint sp_\"><span>\u30b9\u30af\u30ed\u30fc\u30eb\u3067\u304d\u307e\u3059 <i class=\"icon-more_arrow\"><\/i><\/span><\/div>\n<figure data-table-scrollable=\"sp\" class=\"wp-block-table is-all-centered--va has-small-font-size\"><table style=\"--table-width:800px;--swl-cell1-width:220px;\" class=\"has-fixed-layout\"><thead><tr><th><strong>\u30d5\u30a1\u30f3\u30c9\u53c8\u306f\u904b\u7528\u4f1a\u793e\u540d<\/strong><\/th><th><strong>\u6982\u8981\/\u7279\u5fb4<\/strong><\/th><\/tr><\/thead><tbody><tr><th><strong><a href=\"https:\/\/hayqua-international.co.jp\/lp\/vietnam00\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u30cf\u30a4\u30af\u30a2\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb<\/a><\/strong><\/th><td>\u30fb\u5b89\u5b9a\u3057\u305f\u4e8b\u696d\u57fa\u76e4\u3092\u6301\u3064\u65e5\u7cfb\u30d9\u30c8\u30ca\u30e0\u4f01\u696d\u3078\u306e\u76f4\u63a5\u878d\u8cc7\uff08\u79c1\u52df\uff09<br>\u30fb\u904b\u55b6\u6b7410\u5e74\u4ee5\u4e0a<br>\u30fb<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u5e74\u522912\uff05\uff08\u56fa\u5b9a\uff09<\/span><\/strong><br>\u30fb<strong>\u6700\u4f4e\u6295\u8cc7\u984d500\u4e07\u5186<\/strong><br><span class=\"swl-inline-color has-swl-main-color\">&#x25b6;<a href=\"https:\/\/hayqua-international.co.jp\/lp\/vietnam00\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u7121\u6599\u8cc7\u6599\u8acb\u6c42\u53ef\u80fd<\/a><\/span><\/td><\/tr><tr><th><a href=\"https:\/\/www.tokaitokyo.co.jp\/common_products\/fund\/foreignfund\/detail\/20240401_01.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\u6771\u6d77\u6771\u4eac \u30cc\u30d3\u30fc\u30f3 \u30c1\u30e3\u30fc\u30c1\u30eb \u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb \u30d5\u30a1\u30f3\u30c9<\/strong><\/a><\/th><td>\u30fb\u7c73\u56fd\u975e\u4e0a\u5834\u4f01\u696d\u5411\u3051\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb\u306b\u6295\u8cc7\u3059\u308b\u5916\u56fd\u7c4d\u516c\u52df\u6295\u8cc7\u4fe1\u8a17\uff08\u516c\u52df\uff09<br>\u30fb<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u5206\u914d\u91d1\u8fbc\u307f\u57fa\u6e96\u4fa1\u984d\u306e\u9a30\u843d\u7387 +3.80%(2025\u5e7402\u6708\u672b\u6642\u70b9 \u904e\u53bb6\u304b\u6708)<\/span><\/strong><br>\u30fb<strong>\u6700\u4f4e\u8cfc\u5165\u53e3\u6570\uff1a300\u53e3<\/strong><br>\uff08<strong>\u7d043.1\u4e07\u7c73\u30c9\u30eb \u203b2025\u5e744\u67081\u65e5\u73fe\u5728\uff09<\/strong><\/td><\/tr><tr><th><a href=\"https:\/\/qfund.daiwa.jp\/dpbfnd\/dpf01\/qsearch.exe?F=dwsf2%2Funyo&amp;KEY1=0876\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\u30c0\u30a4\u30ef\u30fb\u30d6\u30e9\u30c3\u30af\u30b9\u30c8\u30fc\u30f3\u30fb\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30af\u30ec\u30b8\u30c3\u30c8\u30fb\u30d5\u30a1\u30f3\u30c9\uff08\u7c73\u30c9\u30eb\u5efa\u3066\uff09<\/strong><\/a><\/th><td>\u30fb\u30d6\u30e9\u30c3\u30af\u30b9\u30c8\u30fc\u30f3\u3068\u5927\u548c\u8a3c\u5238\u306e\u63d0\u643a\u306b\u3088\u308b\u6d77\u5916\u7c4d\u6295\u8cc7\u4fe1\u8a17\uff08\u516c\u52df\uff09<br>\u30fb\u7c73\u56fd\u4f01\u696d\u306b\u76f4\u63a5\u878d\u8cc7\u3092\u3059\u308b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30fb\u30af\u30ec\u30b8\u30c3\u30c8\u6295\u8cc7<br>\u30fb\u6295\u8cc7\u5bfe\u8c61\u30d5\u30a1\u30f3\u30c9(BCRED)\u306e\u8a2d\u5b9a\u6765\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3\u306f<strong><span class=\"swl-inline-color has-swl-deep-01-color\">\u5e74\u738710.4\uff05&nbsp;(202012\u6708\u672b\uff5e2024\u5e743\u6708\u672b)<\/span><\/strong><br>\u30fb\u6bce\u6708\u306e\u5206\u914d\u652f\u6255\u3044\u3092\u76ee\u6307\u3059<br>\u30fb<strong>\u6700\u4f4e\u8cfc\u5165\u53e3\u6570\uff1a500\u53e3<br>\uff08\u7d045.2\u4e07\u7c73\u30c9\u30eb \u203b2025\u5e744\u67081\u65e5\u73fe\u5728\uff09<\/strong><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">\u65e5\u672c\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u30a2\u30af\u30bb\u30b9\u3067\u304d\u308bPD\u30d5\u30a1\u30f3\u30c9\u4e00\u4f8b<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<p>\u65e5\u672c\u56fd\u5185\u3067\u306f\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u305d\u306e\u3082\u306e\u304c\u307e\u3060\u4e00\u822c\u7684\u3067\u306f\u306a\u304f\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u30a2\u30af\u30bb\u30b9\u53ef\u80fd\u306a\u30d5\u30a1\u30f3\u30c9\u3068\u306a\u308b\u3068\u3001\u305d\u306e\u6570\u306f\u3055\u3089\u306b\u9650\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u8868\u4e2d\u3067\u7d39\u4ecb\u3057\u305f3\u3064\u306e\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u305d\u3093\u306a\u6570\u5c11\u306a\u3044\u8cb4\u91cd\u306a\u9078\u629e\u80a2\u3068\u8a00\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u306a\u304b\u3067\u3082\u300c\u30cf\u30a4\u30af\u30a2\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb\u300d\u306f\u3001\u5b89\u5b9a\u3057\u305f\u4e8b\u696d\u57fa\u76e4\u306b\u57fa\u3065\u304f\u65e5\u7cfb\u30d9\u30c8\u30ca\u30e0\u4f01\u696d\u3078\u306e\u76f4\u63a5\u878d\u8cc7\u3092\u7279\u5fb4\u3068\u3057\u300110\u5e74\u4ee5\u4e0a\u306e\u904b\u7528\u5b9f\u7e3e\u3092\u8a87\u308b\u6ce8\u76ee\u306e\u79c1\u52df\u578b\u30d5\u30a1\u30f3\u30c9\u3067\u3059\u3002<\/p>\n\n\n\n<p><strong><span class=\"swl-marker mark_yellow\">\u5e74\u522912%\u306e\u56fa\u5b9a\u5229\u56de\u308a\u306b\u52a0\u3048\u3001\u6700\u4f4e\u6295\u8cc7\u984d500\u4e07\u5186\u304b\u3089\u3068\u3001\u4e00\u5b9a\u306e\u8cc7\u91d1\u529b\u3092\u6301\u3064\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u306f\u691c\u8a0e\u306b\u5024\u3059\u308b\u5185\u5bb9\u3068\u8a00\u3048\u308b\u3067\u3057\u3087\u3046\u3002<\/span><\/strong><\/p>\n\n\n<div class=\"swell-block-postLink\">\t\t\t<div class=\"p-blogCard -external\" data-type=\"type3\" data-onclick=\"clickLink\">\n\t\t\t\t<div class=\"p-blogCard__inner\">\n\t\t\t\t\t<span class=\"p-blogCard__caption\">\u30de\u30cd\u30e9\u30dc<\/span>\n\t\t\t\t\t<div class=\"p-blogCard__thumb c-postThumb\"><figure class=\"c-postThumb__figure\"><img decoding=\"async\" src=\"https:\/\/klikandpay.co.jp\/invest\/wp-content\/uploads\/2024\/09\/\u30cf\u30a4\u30af\u30a2.png\" alt=\"\" class=\"c-postThumb__img u-obf-cover\" width=\"320\" height=\"180\"><\/figure><\/div>\t\t\t\t\t<div class=\"p-blogCard__body\">\n\t\t\t\t\t\t<a class=\"p-blogCard__title\" href=\"https:\/\/klikandpay.co.jp\/invest\/hayqua-internationalllc\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u5408\u540c\u4f1a\u793e\u30cf\u30a4\u30af\u30a2\u30fb\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb\u3063\u3066\u3069\u3046\uff1f\u624b\u6570\u6599\u3084\u6ce8\u610f\u70b9\u3092\u89e3\u8aac\uff01<\/a>\n\t\t\t\t\t\t<span class=\"p-blogCard__excerpt\">2023\u5e74\u8a2d\u7acb\u306e\u300c\u5408\u540c\u4f1a\u793e\u30cf\u30a4\u30af\u30a2\u30fb\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb\u300d\u3002\u56fa\u5b9a12\uff05\u306e\u5e74\u9593\u30ea\u30bf\u30fc\u30f3\u3092\u671f\u5f85\u3067\u304d\u308b\u540c\u793e\u306e\u6295\u8cc7\u65b9\u6cd5\u306f\u3001\u30d9\u30c8\u30ca\u30e0\u6cd5\u4eba\u306e\u300cSAKUKO Vietnam co ltd\u300d\u3078\u306e\u4e8b\u696d\u878d\u8cc7\u3002&#8230;<\/span>\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\n<p>\u4e00\u65b9\u3001\u4ed6\u306e2\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u7c73\u56fd\u4f01\u696d\u5411\u3051\u306e\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30ad\u30e3\u30d4\u30bf\u30eb\u3084\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u3092\u6295\u8cc7\u5bfe\u8c61\u3068\u3059\u308b\u5916\u56fd\u7c4d\u306e\u516c\u52df\u6295\u8cc7\u4fe1\u8a17\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u65e5\u672c\u306e\u8a3c\u5238\u4f1a\u793e\u304c\u8ca9\u58f2\u3057\u3066\u3044\u308b\u70b9\u3067\u5236\u5ea6\u7684\u306a\u5b89\u5fc3\u611f\u306f\u3042\u308b\u4e00\u65b9\u3001\u70ba\u66ff\u5909\u52d5\u30ea\u30b9\u30af\u3084\u6d77\u5916\u6295\u8cc7\u4fe1\u8a17\u7279\u6709\u306e\u7559\u610f\u70b9\u3082\u3042\u308a\u307e\u3059\u3002<br><br>\u307e\u305f\u3001\u516c\u52df\u6295\u8cc7\u4fe1\u8a17\u3068\u306f\u3044\u3048\u3001\u6700\u4f4e\u8cfc\u5165\u984d\u3082\u7d04450\u4e07\u5186\uff5e750\u4e07\u5186\u307b\u3069\uff081\u7c73\u30c9\u30eb\uff1d146\u5186\u3068\u4eee\u5b9a\uff09\u3068\u304b\u306a\u308a\u9ad8\u984d\u306b\u8a2d\u5b9a\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u500b\u4eba\u3067\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u3078\u306e\u6295\u8cc7\u3092\u691c\u8a0e\u3059\u308b\u306a\u3089\u3001\u305d\u308c\u305e\u308c\u306e\u6295\u8cc7\u5bfe\u8c61\u3084\u4ed5\u7d44\u307f\u3001\u30ea\u30b9\u30af\u306e\u6027\u8cea\u3092\u7406\u89e3\u3057\u305f\u3046\u3048\u3067\u3001\u81ea\u8eab\u306e\u30ea\u30b9\u30af\u8a31\u5bb9\u5ea6\u3084\u8cc7\u7523\u904b\u7528\u306e\u76ee\u7684\u306b\u5408\u3063\u305f\u30d5\u30a1\u30f3\u30c9\u3092\u9078\u3076\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u203b\u8a73\u7d30\u306a\u6761\u4ef6\u306f\u5404\u30d5\u30a1\u30f3\u30c9\u306e\u516c\u5f0f\u30b5\u30a4\u30c8\u3092\u78ba\u8a8d\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<div class=\"swell-block-capbox cap_box is-style-small_ttl\"><div class=\"cap_box_ttl\"><span><span style=\"--the-icon-svg: url(data:image\/svg+xml;base64,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)\" data-icon=\"LsLightbulbOutline\" data-id=\"0\" aria-hidden=\"true\" class=\"swl-inline-icon\"><strong>\u2003\u53c2\u8003\uff1a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u5411\u3051\u306ePD\u30d5\u30a1\u30f3\u30c9<\/strong><\/span><\/span><\/div><div class=\"cap_box_content\"><div class=\"c-scrollHint sp_\"><span>\u30b9\u30af\u30ed\u30fc\u30eb\u3067\u304d\u307e\u3059 <i class=\"icon-more_arrow\"><\/i><\/span><\/div>\n<figure data-table-scrollable=\"sp\" class=\"wp-block-table is-all-centered--va has-small-font-size\"><table style=\"--table-width:800px;--swl-cell1-width:270px;\" class=\"has-fixed-layout\"><thead><tr><th><strong>\u30d5\u30a1\u30f3\u30c9<br>\u53c8\u306f\u904b\u7528\u4f1a\u793e\u540d<\/strong><\/th><th><strong>\u6982\u8981\/\u7279\u5fb4<\/strong><\/th><\/tr><\/thead><tbody><tr><th><a href=\"https:\/\/topazcap.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\u30c8\u30d1\u30fc\u30ba\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb\u682a\u5f0f\u4f1a\u793e<\/strong><\/a><\/th><td>\u30fb\u4e2d\u5c0f\u4f01\u696d\u3084\u9280\u884c\u878d\u8cc7\u304c\u96e3\u3057\u3044\u6210\u9577\u4f01\u696d\u306b\u878d\u8cc7\uff08\u79c1\u52df\uff09<br>\u30fb\u6700\u4f4e\u6295\u8cc7\u984d\u975e\u516c\u958b<\/td><\/tr><tr><th><strong><a href=\"https:\/\/www.pgim.com\/pgim-japan\/\" target=\"_blank\" rel=\"noreferrer noopener\">PGIM\u30b8\u30e3\u30d1\u30f3\u682a\u5f0f\u4f1a\u793e<\/a><\/strong><\/th><td>\u30fb\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u3092\u542b\u3080\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\uff08\u79c1\u52df\u5f62\u5f0f\uff09<br>\u30fb\u6700\u4f4e\u6295\u8cc7\u984d\u975e\u516c\u958b<\/td><\/tr><tr><th><a href=\"https:\/\/www.sdf-capital.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SDF\u30ad\u30e3\u30d4\u30bf\u30eb\u682a\u5f0f\u4f1a\u793e<\/strong><\/a><\/th><td>\u30fb\u65e5\u672c\u306e\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7\u4f01\u696d\u3092\u5bfe\u8c61\u306b\u3057\u305f\u72ec\u7acb\u7cfb\u306e\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9<br>\u30fb\u6700\u4f4e\u6295\u8cc7\u984d\u975e\u516c\u958b<\/td><\/tr><tr><th><a href=\"https:\/\/ksg-p.jp\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\u682a\u5f0f\u4f1a\u793e\u30ad\u30fc\u30b9\u30c8\u30fc\u30f3\u30fb\u30d1\u30fc\u30c8\u30ca\u30fc\u30ba<\/strong><\/a><\/th><td>\u30fb\u4e2d\u5805\u30fb\u4e2d\u5c0f\u4f01\u696d\u3092\u5bfe\u8c61\u306b\u3057\u305f\u878d\u8cc7\uff08\u79c1\u52df\uff09<br>\u30fb\u6700\u4f4e\u6295\u8cc7\u984d\u975e\u516c\u958b<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">\u53c2\u8003\uff1a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u5411\u3051\u306ePD\u30d5\u30a1\u30f3\u30c9<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3069\u3093\u306a\u4eba\u306b\u5411\u3044\u3066\u3044\u308b\uff1f<\/h2>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u3059\u3079\u3066\u306e\u6295\u8cc7\u5bb6\u306b\u9069\u3057\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u3001\u305d\u306e\u5b89\u5b9a\u53ce\u76ca\u6027\u3084\u5206\u6563\u52b9\u679c\u3001\u5229\u56de\u308a\u306e\u9ad8\u3055\u306a\u3069\u304b\u3089\u3001\u7279\u5b9a\u306e\u30cb\u30fc\u30ba\u3092\u6301\u3064\u6295\u8cc7\u5bb6\u5c64\u306b\u306f\u975e\u5e38\u306b\u6709\u52b9\u306a\u9078\u629e\u80a2\u3068\u306a\u308a\u5f97\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u3078\u306e\u6295\u8cc7\u306b\u5411\u3044\u3066\u3044\u308b\u4eba\u306f\u3001\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u9577\u671f\u7684\u306a\u8996\u70b9\u3067\u904b\u7528\u3067\u304d\u308b\u4eba<\/h3>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u591a\u304f\u304c\u9014\u4e2d\u89e3\u7d04\u304c\u3067\u304d\u306a\u3044\u30af\u30ed\u30fc\u30ba\u30c9\u30a8\u30f3\u30c9\u578b\u306e\u4ed5\u7d44\u307f\u3092\u63a1\u7528\u3057\u3066\u304a\u308a\u3001\u904b\u7528\u671f\u9593\u4e2d\uff08\u4e00\u822c\u7684\u306b5\u301c10\u5e74\u7a0b\u5ea6\uff09\u306f\u8cc7\u91d1\u306e\u5f15\u304d\u51fa\u3057\u304c\u5236\u9650\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u305f\u3081\u3001\u77ed\u671f\u7684\u306a\u8cc7\u91d1\u30cb\u30fc\u30ba\u304c\u306a\u3044\u3001\u9577\u671f\u8996\u70b9\u3067\u306e\u8cc7\u7523\u904b\u7528\u3092\u524d\u63d0\u3068\u3059\u308b\u6295\u8cc7\u5bb6\u306b\u9069\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305f\u3068\u3048\u3070\u3001\u9000\u8077\u91d1\u3084\u8001\u5f8c\u8cc7\u91d1\u306a\u3069\u3001\u5f53\u9762\u4f7f\u3046\u4e88\u5b9a\u306e\u306a\u3044\u4f59\u88d5\u8cc7\u91d1\u306e\u904b\u7528\u5148\u3068\u3057\u3066\u6709\u529b\u306a\u9078\u629e\u80a2\u3068\u306a\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u5b89\u5b9a\u53ce\u76ca\uff0b\u5206\u6563\u52b9\u679c\u3092\u6c42\u3081\u308b\u4eba<\/h3>\n\n\n\n<p>\u4f1d\u7d71\u7684\u306a\u682a\u5f0f\u3084\u50b5\u5238\u3068\u306f\u7570\u306a\u308b\u5024\u52d5\u304d\u3092\u3059\u308b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u306f\u3001\u6295\u8cc7\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u5206\u6563\u3068\u3044\u3046\u89b3\u70b9\u3067\u3082\u6709\u52b9\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u5909\u52d5\u91d1\u5229\u578b\u3067\u91d1\u5229\u4e0a\u6607\u306b\u3082\u5bfe\u5fdc\u3057\u3084\u3059\u3044\u70b9\u306f\u3001\u9ad8\u91d1\u5229\u74b0\u5883\u4e0b\u306b\u304a\u3044\u3066\u30a4\u30f3\u30d5\u30ec\u5bfe\u7b56\u3092\u91cd\u8996\u3059\u308b\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u5927\u304d\u306a\u30d7\u30e9\u30b9\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u5bcc\u88d5\u5c64\u30fb\u6a5f\u95a2\u6295\u8cc7\u5bb6\uff08\u5927\u5b66\u3084\u5e74\u91d1\u57fa\u91d1\u306a\u3069\uff09<\/h3>\n\n\n\n<p>\u6700\u4f4e\u6295\u8cc7\u91d1\u984d\u304c\u975e\u5e38\u306b\u9ad8\u984d\u3067\u3042\u308b\u305f\u3081\u3001\u3042\u308b\u7a0b\u5ea6\u306e\u8cc7\u91d1\u529b\u304c\u3042\u308b\u5bcc\u88d5\u5c64\u3084\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u4e3b\u306a\u5bfe\u8c61\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u5b9f\u969b\u3001\u65e5\u672c\u306e\u5e74\u91d1\u57fa\u91d1\u30fb\u5927\u5b66\u306e\u57fa\u91d1\uff08\u30a8\u30f3\u30c0\u30a6\u30e1\u30f3\u30c8\uff09\u30fb\u4fdd\u967a\u4f1a\u793e\u306a\u3069\u3082\u8cc7\u7523\u904b\u7528\u306e\u4e00\u74b0\u3068\u3057\u3066PD\u30d5\u30a1\u30f3\u30c9\u3078\u306e\u51fa\u8cc7\u3092\u5897\u3084\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u3089\u306e\u6a5f\u95a2\u306f\u3001\u9577\u5e74\u306e\u8cc7\u7523\u904b\u7528\u30ce\u30a6\u30cf\u30a6\u3084\u30ea\u30b9\u30af\u5206\u6790\u306e\u84c4\u7a4d\u3092\u6d3b\u304b\u3057\u3001\u6f5c\u5728\u7684\u306a\u30ea\u30bf\u30fc\u30f3\u3068\u5b89\u5b9a\u6027\u3092\u517c\u306d\u5099\u3048\u305f\u8cc7\u7523\u30af\u30e9\u30b9\u3068\u3057\u3066PD\u30d5\u30a1\u30f3\u30c9\u3092\u6d3b\u7528\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306e\u89e3\u8aac\u307e\u3068\u3081<\/h2>\n\n\n\n<p>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\u306f\u3001\u9ad8\u5229\u56de\u308a\u3092\u72d9\u3044\u306a\u304c\u3089\u3082\u6bd4\u8f03\u7684\u5b89\u5b9a\u3057\u305f\u53ce\u76ca\u304c\u671f\u5f85\u3067\u304d\u308b\u65b0\u3057\u3044\u6295\u8cc7\u306e\u9078\u629e\u80a2\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u7279\u306b\u300c\u5b89\u5b9a\u3057\u305f\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\u304c\u671f\u5f85\u3067\u304d\u308b\u300d\u300c\u5909\u52d5\u91d1\u5229\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u5f37\u3044\u300d\u300c\u5206\u6563\u52b9\u679c\u304c\u3042\u308b\u300d\u3068\u3044\u3063\u305f\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308a\u3001\u9577\u671f\u904b\u7528\u3092\u524d\u63d0\u3068\u3057\u305f\u8cc7\u7523\u5f62\u6210\u306b\u5411\u3044\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u3001\u9014\u4e2d\u89e3\u7d04\u304c\u3067\u304d\u306a\u3044\u6d41\u52d5\u6027\u306e\u4f4e\u3055\u3084\u3001\u6700\u4f4e\u6295\u8cc7\u984d\u304c\u9ad8\u3081\u306b\u8a2d\u5b9a\u3055\u308c\u3066\u3044\u308b\u70b9\u3001\u60c5\u5831\u958b\u793a\u306e\u5c11\u306a\u3055\u3068\u3044\u3063\u305f\u30c7\u30e1\u30ea\u30c3\u30c8\u306b\u3082\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u3084\u4e00\u90e8\u306e\u5bcc\u88d5\u5c64\u5411\u3051\u3068\u3044\u3046\u30a4\u30e1\u30fc\u30b8\u304c\u5f37\u3044\u3067\u3059\u304c\u3001\u5c11\u3057\u305a\u3064\u4e00\u822c\u6295\u8cc7\u5bb6\u306b\u3082\u9580\u6238\u304c\u958b\u304b\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u306a\u304b\u3067\u3082\u300c\u30cf\u30a4\u30af\u30a2\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb\u300d\u306f\u3001\u65e5\u7cfb\u30d9\u30c8\u30ca\u30e0\u4f01\u696d\u3078\u306e\u76f4\u63a5\u878d\u8cc7\u3092\u901a\u3058\u306612\uff05\u306e\u56fa\u5b9a\u5229\u56de\u308a\u3092\u5b9f\u73fe\u3057\u300110\u5e74\u4ee5\u4e0a\u306e\u904b\u7528\u5b9f\u7e3e\u3092\u6301\u3064\u6ce8\u76ee\u306e\u79c1\u52df\u578b\u30d5\u30a1\u30f3\u30c9\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u5b89\u5b9a\u6027\u3068\u9ad8\u5229\u56de\u308a\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u6c42\u3081\u308b\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u3001\u73fe\u5b9f\u7684\u304b\u3064\u9b45\u529b\u7684\u306a\u9078\u629e\u80a2\u306e\u3072\u3068\u3064\u3068\u306a\u308a\u5f97\u308b\u3067\u3057\u3087\u3046\u3002<br><br>\u4eca\u5f8c\u3055\u3089\u306b\u6ce8\u76ee\u304c\u9ad8\u307e\u308b\u3068\u4e88\u60f3\u3055\u308c\u308b\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u5e02\u5834\u3002\u8208\u5473\u3092\u6301\u3063\u305f\u65b9\u306f\u3001\u81ea\u5206\u306e\u8cc7\u7523\u904b\u7528\u30b9\u30bf\u30a4\u30eb\u306b\u5408\u3046\u304b\u3069\u3046\u304b\u3001\u305c\u3072\u4e00\u5ea6\u691c\u8a0e\u3057\u3066\u307f\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u8fd1\u5e74\u3001\u4e16\u754c\u3067\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u3044\u308b\u300c\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30c7\u30c3\u30c8\u30d5\u30a1\u30f3\u30c9\uff08Private Debt Fund\uff09\u300d\u3002 \u9ad8\u91d1\u5229\u74b0\u5883\u304c\u7d9a\u304f\u7c73\u56fd\u3092\u4e2d\u5fc3\u306b\u4eba\u6c17\u304c\u9ad8\u307e\u308b\u306a\u304b\u3001\u65e5\u672c\u5e02\u5834\u3067\u3082\u305d\u306e\u5b58\u5728\u611f\u304c\u5f90\u3005\u306b\u5f37\u307e\u308a\u30012026\u5e74\u73fe\u5728\u3001\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u65b0\u305f\u306a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"swell_btn_cv_data":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-7126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hedgefund"],"_links":{"self":[{"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/posts\/7126"}],"collection":[{"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/comments?post=7126"}],"version-history":[{"count":95,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/posts\/7126\/revisions"}],"predecessor-version":[{"id":17603,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/posts\/7126\/revisions\/17603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/media\/7178"}],"wp:attachment":[{"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/media?parent=7126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/categories?post=7126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/klikandpay.co.jp\/invest\/wp-json\/wp\/v2\/tags?post=7126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}