StormHarbour Announces New Strategic Investor in StormHarbour Japan
Tuesday, June 28, 2011
StormHarbour Partners LP announces today that Asuka DBJ Partners Co. Ltd, a private investment firm that is a joint venture between Development Bank of Japan and Asuka Asset Management, has acquired an 8% equity stake in its Tokyo-based securities firm, StormHarbour Japan Ltd.
The capital injection, which was completed today on terms that have not been disclosed, is a significant step in the growth and development of StormHarbour Japan and a powerful endorsement of StormHarbour Partners’ business model and the long-term growth strategy it is pursuing globally.
Launched in December 2010 under the leadership of Michimasa Naka as Chief Executive Officer, StormHarbour Japan Ltd is the only independent boutique securities firm operating in the country that has access to global financial markets through an extensive network of international affiliate offices across seven countries and six major financial centres.
Asuka DBJ Partners is a private investment firm established in 2005 as a joint venture between Development Bank of Japan, a 100% government-owned bank that has long supported companies and projects through equity and debt investments, and Asuka Asset Management, a leading independent investment management company in Japan.
Asuka DBJ Partners mainly invests in companies and projects in growth sectors in Japan, China and other parts of Asia, but also provides unique investment opportunities for Japanese and global investors in value investment sectors in Japan.
To read the full announcement, please click here:images/pdf/Asuka DBJ Partners Completes Strategic Investment in StormHarbour Japan Ltd.pdf