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.
Saudi Arabia’s Future Investment Initiative forum heads to Tokyo
Saudi Arabia’s flagship business forum, the Future Investment Initiative, is expanding its global reach with a conference in Tokyo.
The FII Priority Asia Summit is slated for Nov. 30 to Dec. 1, and represents a strategic move by the kingdom to strengthen partnerships with key Japanese financial institutions, Nikkei Asia reports.
Major players such as Mitsubishi UFJ Financial Group and Sumitomo Mitsui are expected to attend the event, which is often referred to as “Davos in the desert.”
The FII Institute, founded by Saudi Arabia’s Public Investment Fund, has also sponsored conferences in Hong Kong, Rio de Janeiro and Miami, where U.S. President Donald Trump spoke in February.
