Wednesday, 2 September 2015
Last updated 12 min ago
Sep 11 2008 | 11:32am ET
Advent International has raised ¥60 billion (US$550 million) for its first Japanese private equity fund. Investors in the Advent Japan Private Equity Fund include leading institutions from Japan, North America, Europe and Asia.
JPEF will target investments in healthcare, industrial, retail, and support services companies with enterprise values ranging from ¥5 billion ($45 million) to ¥50 billion ($450 million), but will have the flexibility to invest in larger transactions through selected co-investment with other Advent funds.
”Not only has the private equity industry in Japan shifted from its initial focus on distressed situations and balance sheet restructuring to real, operationally-led value creation, but Japanese businesses have fundamentally embraced the need for enhanced global competitiveness in order to achieve long-term profit growth,” said John Singer, managing partner.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…