Nintendo Heirs Buy Majority Stake in Activist Fund Taiyo Pacific, Nikkei Says

Brian HeywoodPhotographer: Kiyoshi Ota/Bloomberg
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The investment firm managing the wealth of Nintendo Co.’s founders has formed a partnership with Taiyo Pacific Partners, a U.S. activist fund focused on Japanese equities.

Taiyo, which manages more than $3.7 billion in Japan and India-focused funds, will become a part of the Yamauchi No. 10 Family Office, according to a statementBloomberg Terminal from the Kirkland, Washington firm on Monday.