Monday, 1 May 2017
Last updated 2 days ago
Jun 9 2010 | 4:22pm ET
Japan-based firms Dream Incubator Inc. and ORIX Corporation have unveiled a private equity vehicle that will invest promising Vietnamese companies.
The new vehicle, the DI Asian Industrial Fund L.P., has an initial capital commitment of 5 billion yen (US$55 million), with a 1 billion yen capital commitment by both DI and ORIX.
The firms said that the fund will primarily invest in domestic-focused companies that are essential for growth in Vietnam such as consumable products as well as retail and distribution industries. The fund will also provide technological and sales know-how from Japanese companies that have invested in the fund to help increase the value of local companies in which it has invested.
Dream Incubator provides consulting and support for venture companies and foreign companies expanding into Japan, while ORIX Corporation is a financial services firm providing services to both corporate and retail customers.