Thursday, 26 November 2015
Last updated 1 day ago
Mar 2 2010 | 3:20am ET
Japanese private equity fund Marunouchi Capital may launch a second fund focusing on mid-sized companies.
The new fund, which Marunouchi could begin readying next year, might be open to overseas investors, Bloomberg News reports. President Osamu Yasaka did not say how much Marunouchi might seek to raise for the new vehicle.
And investors are not the only thing Marunouchi might look abroad for with its second fund: It may help Japanese companies pursue acquisitions overseas.
Marunouchi’s first fund was launched in 2008 with ¥100 billion from its parent firms, Mitsubishi Corp. and Mitsubishi UFJ Financial Group. The fund has already made two investments and could make two more this year; its remit is to invest in five or six companies over its 10-year lifespan.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…