Unison Capital Raises 140 billion yen($1.4 billion)

Unison Capital Group, a leading Japanese private equity firm, has closed its buy-out fund "Unison Capital Partners Ⅲ L.P." with 140 billion yen ($1.4 billion) in commitments, according to their news release. Unison spent more than a year raising the money from institutional investors at home and abroad amid a reluctance to invest in funds. In Japan, even before the financial turmoil, there were only a few cases of funds larger than 100 billion yen ($1 billion) being created.