PE-backed Real Estate AM To Implement Roll-Up Strategy

MK Capital Management Corp., a listed real-estate asset management company, announced it has acquired a majority stake (90%) in Atlas Partners Japan Ltd., a real-estate asset management company. Atlas is proud of managing foreign money as well as high captial ratios. As MK Capital increases its AUM to about 300 billion yen through this acquisition, MK will be able to pursue economies of scale and synergies through the unification of complementary functions, business areas, and skill of both companies. Unison Capital, a major Japanese buyout firm, invested in MK Capital in February 2010 and became the largest equity holder (61.3%).