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Business deals

Nintendo heirs buy U.S. Japan-stock fund Taiyo Pacific

Yamauchi family office to inject own startup investment experience

Super Nintendo World at Universal Studios Japan: Heirs of the video game company's founding family started a family office in 2020. (Photo by Kento Awashima)

TOKYO -- An investment firm managing the wealth of Nintendo's founding family has taken control of Taiyo Pacific Partners, U.S. fund that tries to engage with Japanese companies on boosting corporate value, Nikkei has learned.

The Yamauchi No. 10 Family Office bought a majority stake in Taiyo Pacific from CEO Brian Heywood and other founding partners of the fund at the beginning of the year. Hirowaka Murakami, the co-chief investment officer of Yamauchi No. 10, will be appointed co-CEO along with Heywood later this month.

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