Japanese Investment Firm Buys 8% Of StormHarbour Japan

Jun 28 2011 | 8:17am ET

Japan’s Asuka DBJ Partners has bought an 8% equity stake in StormHarbour Japan, the Tokyo-based securities arm of financial advisory firm StormHarbour. The value of the deal has not been disclosed.

Asuka DBJ Partners is a private investment firm and a joint venture between Development Bank of Japan and Asuka Asset Management. It invests chiefly in companies and projects in growth centers in Japan, China and other parts of Asia.

StormHarbour Japan, an independent boutique securities firm launched in 2010 under CEO Michimasa Naka, provides institutional investors, corporates and high-net-worth clients in Japan with specialist advice and services in sales and trading, structuring and advisory and capital markets.
 
Said Naka: “We are delighted and honored that Asuka DBJ Partners has made an equity investment in StormHarbour Japan, which we believe is a powerful endorsement of the firm’s proposition and credibility of its long-term growth strategy. The impressive international growth StormHarbour has already achieved combined with what we see as significant growth potential for StormHarbour Japan, has created a compelling investment case. With the support of Asuka DBJ Partners, StormHarbour Japan is in a stronger position to realise its potential as new financial leader in the country.”
 


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...