QIA launches $2.5 billion private equity fund with Japan’s Orix

Qatar’s sovereign wealth fund is joining forces with Orix, a Tokyo-based financial services company, to launch a $2.5 billion private equity vehicle hunting for opportunities across Japan.

The agreement marks the Qatar Investment Authority’s first Japan-focused PE investment, with Orix supplying 60% of the capital and QIA filling in the rest, Bloomberg reports.

Qatar joins a growing number of investment firms, including Blackstone and KKR, that are looking into buyouts in Japan.

The new Japan fund will target companies valued above $195 million, guided by an independent investment entity while both firms participate as limited partners.