For 19 years the AVCJ Private Equity & Venture Forum - Japan has been recognised as the meeting place for the leaders of the alternative investments industry to form long-standing, powerful relationships. It is the must-attend event for industry participants in Japan where the ecosystem comes together once a year to exchange ideas, catch up with friends and meet their next business partner.
Private equity in Japan is booming. The volume of capital deployed by GPs is at the highest levels since the global financial crisis. Fundraising is also making the headlines as a range of institutional investors, pension funds and regional banks turn their attention to the asset class. Discover the opportunities for your organisation at the longest running and biggest industry event in Japan, and join the biggest global GPs, domestic managers and a broad group of LPs that are looking to source new partners so they can construct a diversified portfolio.
The premier private equity & venture forum in Japan
Discoverhow middle market GPs are sourcing attractive investment and exit opportunities
Find outthe pipeline and opportunity for large cap deals and corporate carve-outs
Uncoverthe domestic LP universe and how you differentiate yourselves to secure commitments
Debatehow you can future proof your portfolio companies and invest in disruption
Hearhow experienced LPs construct a diversified portfolio for mitigating the J-curve
AVCJ Japan has been instrumental with the growth of PE industry in Japan. It is a unique place for thought leaders from both LP and GP sides to connect and discuss key issues.
Tatsuo Kawasaki, Partner, UNISON CAPITAL
AVCJ Japan is one private equity event in Japan you don’t want to miss. Every year, it provides unique and interesting insights for industry veterans as well as new investors.
Soichi Sam Takata, Private Equity Department, TOKIO MARINE ASSET MANAGEMENT CO., LTD
Organisations that attended the Forum previously include:
AB Value Capital
Aberdeen Investment Management
Adamas Asset Management
Adams Street Partners
Aisin Employeesí Pension Fund
Alternative Investment Capital
Ant Capital Partners
Ant Global Partners
Antelope Career Consulting
Apex Fund Services (Singapore)
Apollo Global Management
Aramco Asia Japan
Ark Totan Alternative
Asahi Kasei Pension Fund
Asahi Mutual Life Insurance Company
Asset Management One
Atago Pacific Partners
Baker & McKenzie
Bank of Tokyo-Mitsubishi UFJ
Bank of Yokohama
BlueBay Asset Management International
Brightrust PE Japan
Brookfield Asset Management
Brown Brothers Harriman Securities
CLSA Capital Partners
CVC Capital Partners
Daido Life Insurance Company
Dai-ichi Life Insurance Company
Daiwa Fund Consulting
Daiwa House Industry Pension Fund
DBJ Asset Management
Denso Pension Fund
Development Bank of Japan
Donnelley Financial Solutions
Duskin Pension Fund
EIG Global Energy Partners
Fortune Capital Management
Fuji Xerox Pension Fund
Fujitsu Pension Fund
Global from Day One fund ll
Globis Capital Partners
Government Pension Investment Fund (GPIF)
Greenhill & Co.
HC Asset management
Heliconia Capital Management
Hyogo Prefecture Oil Pension Fund
IDG Ventures India
India Quotient Advisors
Innovation Network Corporation of Japan
Intermediate Capital Asia Pacific
J.P. Morgan Asset Management
Japan Bank for International Cooperation
Japan Post Bank
Japan Post Insurance
Japan Venture Philanthropy Fund
Kanto IT Software Pension Fund
KDDI Pension Fund
Khaitan & Co
King & Spalding
Manulife Investments Japan
Marcena Capital Asia
MassMutual Life Insurance Company
Mercury Capital Advisors
Mitsubishi Corporation Asset
Mitsubishi UFJ Morgan Stanley Securities
Mitsubishi UFJ Trust and Banking Corporation
Mitsui & Co
Mitsui Fudosan Realty Pension Fund
Mitsui Sumitomo Insurance Company
Mizuho Capital Partners
Mizuho Global Alternative Investments
Mizuho Securities Principal Investment
Mizuho Trust & Banking
Mobile Internet Capital
Morgan Creek Capital Management
Mori Hamada & Matsumoto
MVision Private Equity Advisers
National Pension Fund Association
New Frontier Capital Management (Hong Kong)
New Horizon Capital
NewQuest Capital Partners
Nihon Unisys Pension Fund
Nippon Life Insurance
Nippon Sangyo Suishin Kiko (NSSK)
Nissay Asset Management Corporation
Nomura Asset Management
Nomura Funds Research and Technologies
Nomura Trust and Banking
Noritz Corporate Pension Fund
Oak Hill Advisors (Hong Kong)
Okayama Metal and Machinery Pension Fund
Oman India Joint Investment Fund
Organization for Small & Medium
Enterprises and Regional Innovation, Japan
Pension Fund Association
Pension Fund of Sony
Pomona Capital Asia
RVC IVFRT LP
S&P Global Market Intelligence
SCSK Pension Fund
SECOM Corporate Pension Fund
Seiryu Asset Management
Shinkin Central Bank
Simpson Thacher & Bartlett
Social Investment Partners
Sompo Japan Nipponkoa Asset Management
Sompo Japan Nipponkoa Insurance
Sony Life Insurance
Stanley Corporate Pension Fund
Sumitomo Life Insurance Company
Sumitomo Mitsui Asset Management
Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Trust Bank
T&D Asset Management
Tata Capital Growth Fund
Terra Firma Capital Management
Tokio Marine & Nichido Fire Insurance
Tokio Marine Asset Management
Tokio Marine Capital
Tokio Marine Mezzanine
Tokyo Star Bank
Tokyo University Of Science
Travers Thorp Alberga
Triple A Partners
Venture Enterprise Center, Japan
Yamanashi Chuo Bank
Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives)
KPMG is a leading provider of Audit, Tax and Advisory services to Private Equity worldwide. We respond to business challenges facing Private Equity with a global perspective and local knowledge spanning industry sectors. Our high-performing people mobilise around our clients, using our expertise and insight to cut through complexity and deliver informed perspectives and clear solutions that our clients and stakeholders value.
The KPMG Private Equity group brings together our leading transaction advisory, deal origination, operational value creation, and tax professionals who work full time helping private equity funds to achieve their goals. We combine industry specific skills with a deep understanding of the requirements of private equity funds as we search out the value enhancing attributes of each deal and provide support in an integrated fashion over the entire investment cycle.
KPMG Advisory professionals help private equity clients execute deals with greater insight, speed, and decision-making quality. Post investment, we help private equity funds and their portfolio companies identify and execute on value growth opportunities in a diverse range of areas such as aligning IT strategy with the business model, optimizing working capital and operating processes to unlock cash and grow earnings, digitally transforming the business to leverage new technologies, and many others. Depending on the exit route, we also help prepare companies for IPO or manage the sales process.
KPMG Tax services are designed to reflect the unique needs and objectives of each client. KPMG firms work with our clients to help them achieve effective tax compliance and manage tax risks while controlling costs.
Founded in 1972, Adams Street Partners isa global private markets investment manager, operating in more than thirtycountries across five continents. Adams Street prides itself on the depth andbreadth of its global investment capabilities, and its long-standing reputationas an innovator within the private markets space. Adams Street is consistentlyrecognized for its steadfast commitment to providing clients with high qualityinvestment opportunities, and its deep understanding of the broader privatemarkets industry.
With 170+ staff in ten officeslocated in Beijing, Boston, Chicago, London, Menlo Park, Munich, New York,Seoul, Singapore, and Tokyo, Adams Street’s deep industry experience and globaloutlook provides clients with customized access to the spectrum of privatemarkets strategies. Adams Street is 100% employee-owned and independent, andmanages over $32 billion in assets for more than 370 institutional investors,including corporate and public pensions, foundations, family offices andendowments.
Advantage Partners is a leading provider of services to private equity and similar funds focused on the Japanese and Asian markets. Advantage Partners was founded in 1992 by Taisuke Sasanuma and Richard Folsom and has been providing services to funds since 1997, when the firm established the first buyout fund in Japan. Funds served by Advantage Partners have invested in more than 55 companies representing total invested capital of over JPY350 billion across a wide range of industries and sectors. Advantage Partners has offices in Tokyo and in Hong Kong.
Bain Capital, LP is one of the world’s leading private multi‐asset alternative investment firms with approximately $95 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity and venture capital. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
In Asia, the firm has invested over $7 billion in more than 40 leading companies including Asia Pacific Medical Group, Camp Australia, Carver Korea, ChinaPnR, Daymon Worldwide, Domino's Pizza Japan, Emcure, Genpact, Gymboree China, Japan Wind Development, Jupiter Shop Channel, L&T Finance, Lionbridge, Macromill, MYOB, Only About Children, Ooedo Onsen, QuEST, Retail Zoo, Rise Education, Skylark and Yukiguni Maitake.
BDA Partnersis an investment banking firm that advises on international mergers and acquisitions, distressed situations, private placements, capital raisings, valuations and financial restructurings. We specialize in cross-border transactions involving Asia with enterprise values up to US$1bn, where we have a strong track record advising North American, European, and Asian corporates and financial sponsors. We have over 80 professional staff throughout 10 offices located in Asia, the US, and Europe.
With more than USD4 billion in funds under management and eight offices across the region, including Hong Kong, Singapore and Tokyo, CLSA Capital Partners offers a diversified and increasing range of investment strategies. CLSA Capital Partners' relationship with CLSA provides it with unique access to Asia and its decision makers, hard knowledge of what is really happening and strategic insight into future trends through CLSA's Asia offices, research and investment banking teams.
CLSA Capital Partners is an endorser of the Institutional Limited Partners Association (ILPA) and a signatory to the United Nations Principles for Responsible Investment (UNPRI).
Strategies currently under CLSA Capital Partners’ management are:
Private equity strategies focused on transportation and real assets.
Each strategy is designed to generate exceptional returns and combines CLSA's unique understanding in Asia with a long term investment capability. Our experienced team with long established roots in the region has helped many Asian companies realise their potential. In Depth. In Asia.
CVC Capital Partners is one of the world’s leading private equity and investment advisory firms. Founded in 1981, CVC has completed over 300 investments in a wide range of industries and countries across the globe. Since establishment in 1999, CVC Asia has raised 4 dedicated Asia funds with total commitment of over US$10 billion. As of 30 September 2017, CVC Asia has completed 57 investments in the region.
Recent Asian investments include:
MAP Active: Indonesia’s leading specialty sports retailer with over 800 stores nationwide
SPi Global: one of the largest Business Process Outsourcing service providers in the Philippines
Arteria: a leading provider of broadband connectivity and network solutions in Japan
Nirvana: the largest pan-Asian integrated bereavement services provider, with operations across Southeast Asia
HKBN: Leading provider of residential and corporate broadband, VoIP, IPTV and IDD in Hong Kong
EIC: China’s no.1 overseas educational counseling service provider
As of 30 September 2017, CVC Asia consists of 43 investment professionals across 8 local offices in the region.
HarbourVestis an independent, global private markets investment specialist with more than 30 years of experience and $43 billion in assets under management. The Firm's powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, and direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 340 employees, including more than 90 investment professionals across Asia, Europe, and the Americas. This global team has committed more than $31 billion to newly-formed funds, completed over $14 billion in secondary purchases, and invested $5 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longstanding relationships, actionable insights, and proven results.
Lexington Partners is a leading global alternative investment manager primarily involved in providing liquidity to owners of private equity and other alternative investments and in making co-investments alongside leading private equity sponsors. Lexington Partners is the largest independent manager of secondary acquisition and co-investment funds with more than $38 billion in committed capital. Lexington has acquired over 2,800 secondary and co-investment interests through 710 transactions with a total value in excess of $44 billion, including $12 billion of syndications. Lexington also invests in private investment funds during their initial formation and has committed to more than 350 new funds in the U.S., Europe, Latin America, and the Asia-Pacific region. Lexington has offices strategically located in major centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong, and Santiago. Lexington also has senior advisors located in Asia, Australia, and Latin America.
PEP Funds take control positions in a select group of Australian and New Zealand companies with enterprise values in the range A$200M-A$1B. Operating company management are provided with capital and resources as necessary to deliver full potential.
Established in 1998, the firm has made 28 operating company investments and over 100 bolts-ons and joint venture acquisitions at the company level. PEP Funds have had ~A$8.4B of equity under management over time, and are currently investing PEP Fund V which is A$2.1B. Recent investments have spanned industrial, energy, food, consumer products, entertainment/media, pharmaceuticals and the financial services industries, and employing over 50,000 people.
In terms of liquidity and returns PEP has been fortunate over the last 18 years to be among the best performers in the industry worldwide and recognised with a number of awards, including Firm of the Year, Best LBO Deal of the Year and Australian Private Equity Firm of the Year and has been included in the list of Top 20 Consistent Performers Globally by preqin.
Strait Capital Investment Group is an Asia-based private equity company that specializes in providing growth capital to companies in the consumer-related, healthcare services, and entertainment sectors in Asia. The firm was established in 2013 by three founding members who have worked together for over 15 years and served as investment professional in Asia since the 1990s. The team has a track record of generating top-tier returns over 60 transactions amounting to approximately US$1 billion in Asia. Strait Capital Investment Group manages approximately US$240 million and currently has eight investment professionals located in Taipei and Shanghai.
China Consumer Fund, Fund II, has US$190 million under management, 78% from institutional investors and 22% from family office, with geographical spread 45% from Japan and 55% from Taiwan. We are seeking investment opportunities equipped with significant minority interests, market leading position, sound management expertise, and interests and vision that aligned with the firm's strategy as well as potential of accelerated growth. The team has established a reputation to grow with its portfolio companies through value creation and it is steadfast in its approach.
Tata is India’s largest and most diversified industrial grouping. Founded in 1868, the group has a long history of creating and nurturing businesses. The Tata group is made up of over 100 independent operating companies of which 29 are publicly listed and which together have an aggregate market capitalization of ~USD 130 billion (as at 31 March 2017). During the financial year 2016-17, the total revenue of Tata companies, was ~USD 100 billion. Tata is one of India's most trusted and highly respected business houses and is India's best recognized brand. Tata Capital’s private equity franchise benefits from this privilege and builds on the group's "leadership with trust" credo in supporting its investee companies.
The Tata Opportunities Fund (TOF) is a ~USD 600 million private equity fund raised predominantly from leading global institutions and is primarily focused on investing in India. TOF has a differentiated strategy of investing into proprietary deal situations leveraging Tata’s wide network and resources. TOF’s current investments span high growth markets within consumer, industrial, infrastructure, services and technology. Each of TOF’s portfolio companies has strong governance and management; a focused business strategy; highly respected Indian/global partners; and is a market leader of scale. Through an experienced team of private equity professionals and operating partners, TOF leverages Tata’s strong track record of generating shareholder returns. A follow-on fund of similar scale and strategy has been launched.
The Longreach Group is an established independent private equity firm with offices in Hong Kong and Tokyo. The firm focuses on buyouts in Japan and Greater China in the mature industrial and technology, business services, consumer related, and financial services sectors. The firm manages three Funds with approximately US$1.7 billion of limited partner and co-investment capital, and has a strong track record of portfolio company value creation and realizations. Longreach is an independent and focused group committed to achieving sustained success for the investment funds is sponsors.
Longreach currently has 12 investment professionals located in Tokyo and Hong Kong. The firm also enjoys the support of prominent and highly committed Advisors located in Tokyo, Taipei, Shanghai, New York, London and San Francisco.
Unison Capital, originally founded in 1998 by three founding members, operates mid-cap buyout funds in Japan and Korea. In Japan, Unison Capital is widely recognized as a pioneer in the industry and has the longest track record in its space. In 2014, Unison Capital expanded in Korea to apply its well-tested mid-cap strategy and harness its deep Japan network for value-add.
Since its inception, Unison has launched four Japan-focused funds and invested in 28 companies with 19 exits. Today, Unison manages JPY 70 billion (~$700 million) for Fund IV. In Korea, Unison Capital raised KRW 307 billion (~$280 million) for its debut fund and has four portfolio companies and one exit was completed in September 2017. To date, cumulative investment amounts are JPY 784 billion (~$7 billion) and KRW 320 billion (~$280 million) in enterprise value, respectively.
Unison’s Tokyo and Seoul office are comprised of 32 investment professionals, having diverse professional backgrounds in finance, strategy consulting and operations. Furthermore, Unison’s broader network extends to in-house management advisers, financial institutions, consulting firms, and other experts in two countries and beyond to drive the robust growth of our portfolio companies.
Preqin is the leading source of information for the alternative assets industry, providing data and analysis via online databases, publications and complimentary research reports. Preqin is an independent business with over 300 staff based in New York, London, Singapore, San Francisco, Hong Kong and Manila serving over 47,000 customers in over 90 countries.
Preqin has the most comprehensive and extensive information available on the private equity and venture capital, hedge fund, real estate, infrastructure, private debt and natural resources industries, encompassing funds and fundraising, performance, fund managers, institutional investors, deals and fund terms. Leading alternative assets professionals from around the world rely on Preqin’s services daily, and its data and statistics are regularly quoted by the financial press.
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