Longreach

Longreach has raised $125 million toward the new fund.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

Most recently, Longreach acquired Sanyo Electric Logistics Co. last year from its parent Sanyo Electric Co. and minority public shareholders in a deal worth about 17 billion yen, or about $210 million at current exchange rates.

Longreach to Announce $750 Million Japan Fund Mariko Sanchanta 2011

Longreach Group, a private-equity fund, will announce it has closed the first round of fund raising for its second $750 million Japan fund, defying arguments that the country's devastating natural disaster will have a negative impact on raising capital and deal-making.

Business Watch 2011

TOKYO— Longreach Group , a private-equity fund, will announce Monday that it has closed the first round of fund raising for its second $750 million Japan fund, defying arguments that the country's devastating natural disaster will have a negative impact on raising capital and deal-making.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

Longreach—founded in 2004 by Mr. Chiba, formerly the chief executive of UBS Securities Japan—has completed a series of deals in Japan and specializes in the mature industrial technology, financial services, business services. and consumer sectors.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

Longreach has been raising capital for its new fund for nine months.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

Most recently, Longreach acquired Sanyo Electric Logistics Co. last year from its parent Sanyo Electric Co. and minority public shareholders in a deal valued at about 17 billion yen $209 million.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

"Japan will endure its grief and rebuild as a stronger country," Mark Chiba , group chairman and partner of Hong Kong-based Longreach, said in an interview.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

Longreach's main focus at the moment is on opportunities in the technology conglomerate sector.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011

Bloomberg News Mark Chiba, group chairman and partner of Longreach Group As Japanese companies, particularly sprawling conglomerates, scramble to rebuild their businesses, secure a steady stream of supplies, and contend with damaged factories, industry observers say that the country's natural disaster will accelerate disposals and asset sales.

Longreach Draws Cash to Japan Deal Fund Mariko Sanchanta 2011