• Orix and Qatar’s QIA launch USD 2.5B OQCI Fund LP targeting Japanese companies undergoing succession, privatization, and carve-outs.
• Each investment will be around USD 200M, with Orix holding 60% and QIA 40% of the fund management firm.
• The partnership aims to boost corporate value, support high-growth firms, and contribute to broader industrial development in Japan.

Orix

Japanese financial services firm, ORIX Corporation and Qatar Investment Authority (QIA) partnered to launch a USD 2.5 billion Japanese-focused private equity fund called OQCI Fund LP. QIA is the sovereign wealth fund of Qatar investing across a wide range of asset classes and regions.

The fund will invest in Japanese companies primarily targeting business succession and the privatization of listed companies. It also seeks to target carve-outs which involves the transfer of business divisions or subsidiaries from large corporations. Additionally, per investment it intends to spend around USD 200 million (JPY 30B).

“This partnership is the next logical step on the path to improving the corporate value of companies with high-growth potential. Moreover, it will contribute to Japan’s broader industrial development. Increasing the portion of third-party funds in ORIX’s investment portfolio will enhance capital efficiency and help further grow our asset management business,” said Makoto Inoue, Representative Executive Officer, Chairman and CEO of ORIX

Investment

Orix will hold a 60% stake while the QIA will hold a 40% stake in the new fund management firm. OQCI GP Ltd. will act as the general partner of the fund and make investment decisions. Furthermore, ORIX will provide the GP with introductions to potential investment targets, post-investment monitoring, and advisory support for portfolio companies.  

Both companies aim to enhance the corporate value of companies with high-growth potential and contribute to the advancement of Japanese industry. They also seek to explore opportunities for collaboration across other fields.