Tokyo-headquartered alternative asset manager J-STAR, a mid-market player in the Japanese private equity market, has closed its fourth buyout fund at the hard cap of 48.5 billion yen ($433 million), according to an AVCJ report.
DealStreetAsia has sent a query to J-STAR on the reported close of its fourth fund – J-STAR No. 4 Investment LP – but has not received any response yet.