Financial Insights That Matter
TOKYO — The government-backed Development Bank of Japan (DBJ), Japan’s Mercuria Holdings and Thai conglomerate Charoen Pokphand Group have launched an 18 billion yen ($120 million) small investment fund targeting Japanese companies, specializing in minority investments that acquire less than half a target’s voting rights.
DBJ and CP Group will each contribute 9 billion yen to launch the fund. Mercuria Investment — a subsidiary of DBJ-invested Mercuria Holdings — will provide advice, essentially deciding on investment destinations and managing the fund.