Equity Participation in Fund to Invest in Companies Operating in North America
Supporting Overseas Business Deployment of Japanese Companies by Utilizing Private Equity Fund
- Area: North America
- Equity Participations
The Japan Bank for International Cooperation (JBIC; Governor, CEO: Hiroshi Watanabe) signed on April 28th an agreement for equity participation in the KKR Americas Fund XII (the Fund), a private equity fund (PE fund) managed by Kohlberg Kravis Roberts & Co. L.P. (KKR) in the U.S. JBIC will contribute to the Fund.
In recent years, many Japanese companies have sought to expand their businesses overseas with the aim of acquiring local market share, and are therefore in need of overseas business support service for prior assessment of the business environment, implementation of M&A, and formulation of business strategies. With the contribution to the Fund together with Mizuho Bank Ltd., JBIC aims not only to strengthen the overseas business support service provided by Japanese financial institutions, but also to enhance the overseas business deployment of Japanese companies, by collaborating with a leading global investment firm.
As Japan's policy-based financial institution, JBIC will continue to actively contribute to maintaining and strengthening the international competitiveness of Japanese industries by drawing on its various financial schemes, including equity participation.