Tokyo-based venture capital firm Globis Capital Partners has announced the first close of its sixth fund at 36 billion yen ($321 million).
Globis Fund VI, which is targeting a final close at 37.5 billion yen ($336 million), secured capital commitments from Sompo Japan Nipponkoa Insurance, Tokio Marine Asset Management, Sumitomo Mitsui Trust Group and Sumitomo Mitsui Banking Corporation and Bank of Yokohama.