HONG KONG, May 21 (Reuters) – U.S. investment giant Carlyle group (CG.O), opens new tab said on Tuesday it had raised 430 billion yen ($2.8 billion) for its fifth Japan buyout fund, its largest investment vehicle for Japan.
Strong demand and backing from domestic and global investors helped it raise nearly 70% more than its previous fund, Carlyle said in a statement.
The completion of Carlyle’s Japan fund signifies increased interest in Japan from global investors, as a cheap yen, buoyant public market and policy drives to improve corporate governance make stocks and assets in Japan more attractive.
Source: REUTER
