Ex-Goldman Banker Seeks Debut PE Fund Investment at Kizuna
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Kizuna Capital Partners Co., backed by Mitsubishi Corp., is looking at Japanese companies in the alternative energy and health-care industries for its debut investment of a $120 million private-equity fund.
The MC Creat Investment fund started in August to invest in Japanese and Chinese firms that are trying to expand their businesses in the two countries, said Tokyo-based Chief Investment Officer Kenji Tanaka. The fund, set up by Mitsubishi, Japan’s biggest trading company, and Creat Group Co., a Beijing-based investment company, aims for an internal rate of return of about 20 percent, he said.