Japan-based investment funds are preparing for more big domestic buyouts to compete with leading foreign rivals.
Financial services firm Orix has launched a Japan-focused 2.5- billion-dollar private equity fund with the Qatar Investment Authority. The partnership aims to invest in Japanese businesses and projects worth over 30 billion yen, or 190 million dollars.
Some stakes could be in companies worth more than 100 billion yen.
Takahashi Hidetake, Orix President, said “we hope to contribute to the Japanese economy by improving the governance and value of companies the fund invests in.”
The government-backed Japan Investment Corporation established a new fund this month with more than 5 billion dollars.
It focuses on large growth opportunities and startups.
More Japanese companies are delisting or spinning off non-core businesses as they restructure. Many of these moves have been financed by foreign investors.
