Japan’s Advantage Partners launches $1.8bn buyout fund
Finance
New private equity vehicle aims to spur consolidation among Japan’s midsize firms
The fund established by Advantage Partners is one of the largest funds ever launched by a Japanese private equity firm. (Nikkei montage/Source photos by Rie Ishii and Taizo Wada)
TOKYO — Japanese corporate acquisition firm Advantage Partners has launched a 300 billion yen (approximately $1.8 billion) buyout fund, Nikkei has learned. Advantage aims to use the fund, one of the largest from a Japanese private equity firm, to drive the restructuring of Japanese industries by spinning off non-core businesses from domestic companies and taking midsize companies private.
