Tuesday, 31 March 2015
Last updated 53 min 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…