Japan: Mizuho Bank's $250m ASEAN Fund reaches first close at $180m

Japan: Mizuho Bank's $250m ASEAN Fund reaches first close at $180m

The Mizuho Financial Group Inc. headquarters, center right, stands at dusk in this photograph taken with a fish-eye lens in Tokyo, Japan, on Friday, April 21, 2017. Photographer: Tomohiro Ohsumi/Bloomberg

Japan’s Mizuho Bank has set up a private equity fund – Exacta Asia Investment II LP – with a target corpus of $250 million focused on middle-market companies in Southeast Asia. It achieved a first close of $180 million on 8 September 2017, according to the bank.

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