<article>Japanese investment firm <a style="color: #333399;" href="http://www.dealstreetasia.com/?s=Mitsui" target="_blank">Mitsui &amp; Co Ltd</a> has injected up to $500 million in US-based real assets company <a style="color: #333399;" href="http://www.dealstreetasia.com/?s=CIM+Group" target="_blank">CIM Group LLC</a> in a strategic partnership in real estate and infrastructure investments across North America.</article>

Japanese investment firm <a style="color: #333399;" href="http://www.dealstreetasia.com/?s=Mitsui" target="_blank">Mitsui &amp; Co Ltd</a> has injected up to $500 million in US-based real assets company <a style="color: #333399;" href="http://www.dealstreetasia.com/?s=CIM+Group" target="_blank">CIM Group LLC</a> in a strategic partnership in real estate and infrastructure investments across North America.
CIM will use 20 per cent of the investment proceeds to fund its continued growth.
&#8220;Mitsui will also commit capital to multiple CIM funds,&#8221; CIM said in its statement, noting total investment will be $450 to $550 million with adjustments based on terms of the agreement.
Also Read: <a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/japan-fintech-startup-folio-gets-16m-series-a-from-jafco-mitsui-other-investors-64338/" target="_blank">Japanese fintech startup Folio raises $16m Series A from Jafco, Mitsui</a>
Founders and principals of CIM will continue to oversee and control the company.
The US real estate asset management market is reportedly the largest globally.
&#8220;Our investment in CIM was the culmination of a systematic search for a best-in-class manager in the real-asset management business. Investing in CIM is consistent with our strategic plan to expand Mitsui’s real-asset management business to the US and to enhance Mitsui’s global assets under management,&#8221; said Mitsui president and CEO Tatsuo Yasunaga.
CIM Group co-founder and principal Avi Shemesh said they aim to be the first choice for Japanese investors interested in real estate and infrastructure investments in North America.
Also Read: <a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/tribune-media-sells-chicago-tower-to-cim-group-for-240-million-52111/" target="_blank">Tribune Media sells Chicago tower to CIM Group for $240m</a>
&#8220;This partnership will allow CIM to better meet the growing needs of our investors,&#8221; Shemesh said.
Mitsui has a proven track record in listing and managing public Japanese REITs, private fund management, and partnering with investment managers.
Mitsui continues to be a leading advisor to Japanese institutional investors working through its wholly-owned subsidiary the Japan Alternative Investment Co Ltd.
Also Read:
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/65220-65220/" target="_blank">Temasek-backed Mapletree acquires world’s biggest corporate housing firm</a>

Japan's Mitsui injects $500m in US real assets firm CIM Group

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Japan's Mitsui injects $500m in US real assets firm CIM Group

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief