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Orix, Qatar Investment-Backed Fund Acquires Nippon Information Industry in First Deal

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Orix's (TYO:8591) OQCI Fund, a private equity fund it advises alongside Qatar Investment Authority, has acquired all shares of Nippon Information Industry, marking the fund's first investment, according to a statement on Thursday.

Orix will guide Nippon Information Industry, a system development firm, in leveraging the company's strengths in flexible system development and maintenance for manufacturing and financial clients.

The IT sector is a key focus for Orix, which plans to foster collaboration between NII and its existing portfolio companies to enhance governance and business expansion.

This acquisition aligns with Orix Group's long-term strategy to strengthen asset management using third-party capital and to boost return on equity through fund-based investments.

Moving forward, Orix will continue using its operational expertise to help growing businesses increase value and contribute to Japan's industrial advancement.

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