Buyout group expects Tokyo business reforms to bolster company profits
US private equity group KKR plans to boost its exposure to Japan, taking advantage of low corporate valuations and weakness in the yen to increase its investment in the country.
The New York-based investor, which manages nearly $500bn in assets including a $15bn Asian private equity fund, wants to invest more of the group’s own balance sheet directly into Japan and fast-growing Asian international hubs such as Singapore.
Other private equity giants including Bain Capital, Blackstone, Brookfield and CVC have also bolstered their investment in the region as the yen’s historic weakness and geopolitical tensions in China have repositioned Japan as a safer, more stable and more liquid option for investment.
Read more: FT
