TOKYO -- CVC Capital Partners will invest roughly 150 billion yen ($1.39 billion) into the Japanese market over the next several years, said Atsushi Akaike, the global private equity firm's head of Japan.
The firm raised $4.5 billion for a new Asia-Pacific fund in early April, exceeding its $4 billion target thanks to investors hungry for opportunities amid rock-bottom interest rates. The new fund attracted big pension funds from the U.S. and Europe, as well as a larger proportion of Asian players. About 30% of its investments will be made in Japan.
