Sunday, 26 March 2017
Last updated 2 days ago
Apr 16 2009 | 1:22am ET
CLSA Capital Partners is planning a new private equity fund to invest in mid-cap Japanese companies.
CLSA, the alternative asset management division of investment bank CLSA Asia-Pacific Markets, is seeking US$500 million for the new vehicle, according to published reports. The fund will invest in about eight Japanese companies, investing between ¥5 billion (US$50.5 million) and ¥30 billion (US$303.2 million) per deal.
CLSA Capital has more than US$2.3 billion in assets.