Market Chatter: Carlyle Plans Larger Japan Fund; Commits to Working Within Local Priorities
Carlyle Group intends to make its next Japan investment fund larger than its current one, Nikkei reported on Tuesday, citing Chief Executive Officer Harvey Schwartz.Schwartz praised Japan's relatively low interest rates and its success in attracting global capital, noting that investment opportunities exist in succession planning, carve-outs, and take-privates, the publication said.The firm raised 430 billion yen or $2.71 billion for its fifth Japan-focused fund in 2024 and has been actively pursuing new deals, the news daily said.The deals include acquisitions of KFC Holdings Japan (TYO:9873), Hogy Medical (TYO:3593), and Omron's (TYO:6645) electronic components arm, the report said.Most recently, Carlyle announced it would acquire fire extinguisher maker Nippon Dry-Chemical (TYO:1909) in partnership with security firm Alsok, it added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)