Marunouchi Capital

Japanese PE firm Marunouchi Capital secures $831m for two vehicles


Since its establishment in 2008, Marunouchi Capital focuses on business succession and carve-outs, with Seijo Ishii and Joyful Honda figuring prominently among its investments.

Airbnb gets respite as Japan’s antitrust watchdog ends inspection of home-sharing platform

Japan Fair Trade Commission (JFTC) opened the probe because Airbnb had forced certain clients not to list properties on a rival website, a move that would undermine competition

South Korean pension fund NPS appoints CIO, ending year-long hunt

Hyo-Joon Ahn, 55, a former president of Seoul-based financial services provider BNK Financial Group, will serve the organisation for a two-year term.

S Korean PE Hahn & Co to acquire 71% in SK Shipping for $1.32b

Proceeds of the sale will be used to pay off most of SK Shipping’s debt.

Vijay Mallya fights UBS bid to foreclose $26.6m London home loan

The bank is seeking possession of the property, which Mallya — an Indian tycoon who’s battling extradition in a separate case — used as a family home.

US hedge fund Elliott ups stake in Japan’s Alps Electric

Elliott also owns a stake in Alpine Electronics, which is scheduled to hold an extra shareholders meeting by the end of this year to vote for the merger.

Japan’s FamilyMart in talks to fully divest Uny unit stake to Don Quijote

It may also be considering an investment of around 20 percent in Don Quijote.

KKR-led group buys Seoul mixed-use property in $1.9b deal

This is KKR’s third realty investment in South Korea and is being funded from its $9.3-billion Asian Fund III.

Australian tuition provider Navitas gets $1.4b offer from BGH Capital-led group

The bid from a consortium led by fledgling private equity firm BGH Capital Pty Ltd, pension fund AustralianSuper and Navitas co-founder and top shareholder Rod Jones, lands two months after Navitas posted its first loss since listing in 2004.

SoftBank said to be in talks to take majority stake in WeWork

The Japanese conglomerate and its Vision Fund invested $4.4 billion in WeWork last year and put in an additional $1 billion in August in the form of a convertible note.