Mitsubishi UFJ Financial Group Inc., Japan’s largest bank by market value, and trading house Mitsubishi Corp. said Thursday they will set up a ¥100 billion buyout fund as the nation’s private equity market withstands a global slowdown in deals.
“Together with Mitsubishi Corp., our brokerage and banking units, and management fund, we will establish a ¥100 billion fund,” said Tomohiro Kato, a spokesman for Tokyo-based Mitsubishi UFJ. The fund will target domestic companies, he said.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
We humbly apologize for the inconvenience.