P.E. Shop Marunouchi Considers Second Fund

Mar 2 2010 | 4:20am 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.


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