We are pleased to share that our client, Longreach, has closed its latest fund, Longreach Capital Partners IV (LCP4), at JPY 78 billion.
Taking advantage of strong demand from new and existing investors, the fund will allow Longreach to continue its well-established strategy of focusing on Japan-related control buyout investments.
This builds on the successful raise of its previous fund LCP3 at JPY 65 billion, with investors spanning Asia, Europe and North America, diversified across Government Pensions, Sovereign Wealth Funds, Financial Institutions, Corporate Pensions and Funds of Funds.
About Longreach
The Longreach Group is an established independent private equity firm with offices in Hong Kong and Tokyo. The Firm focuses on Japan related control buyouts in the industrial and technology, consumer related and business services sectors. The Firm manages four Funds, which have accumulated approximately US$2.7 billion of committed limited partner and co-investment capital, and has a strong track record of portfolio company value creation and realizations.
About Asante
Asante Capital Group is a leading independent private equity placement and advisory group. Founded in 2010, the firm has offices in London, New York City, Hong Kong, Munich, and Los Angeles. The team of over 75 professionals has advised on over $100 billion of successful private capital raisings across the globe, raising capital from North American, European, Middle East and Asia-Pacific-based investors. Asante specializes in GP advisory and fundraising support across primary, direct and secondary investments.