Japan-Focused GP's Fund Raising Round-Up

According to media reports and market sources,

- Advantage Partners has closed its latest fund with JPY20 billion. The "bridge" fund will have a two-year investment period.

- Carlyle Japan Partners III has reportedly reached its first closing with JPY 26 billion. The target fund size is JPY 100 billion.

- J-Star has completed fund-raising for its 2nd funds with JPY 20.4 billion.

- Japan Industrial Partners reportedly raised USD 300-400 million from overseas investors for its 4th fund.

- PEI reported that Unison Capital will receive approx. USD 130 million from Korea's NPS alongside with MBK and Vogo. Unison has not yet officially started fundraising for its 3rd fund, which is said to have JPY 100 billion target.