TOKYO -- U.S. private equity firm Carlyle Group says it will soon set up a 258 billion yen ($2.31 billion) fund to invest in Japanese companies, the largest ever of its kind.
Carlyle began raising money for its fourth Japan-focused buyout fund last year as Japanese companies unloaded more noncore businesses amid an increased focus on corporate governance. The firm sees the economic disruption from the coronavirus pandemic potentially accelerating this trend.
