Japan's Tokio Marine closes Fund V at $466m
Tokio Marine Capital has reached a final close of JPY51.7 billion ($466 million) on its fifth Japan mid-market fund on the back of strong support from domestic LPs, notably regional banks.
TMCAP2016 was established in October of last year with a target of JPY50 billion and received initial commitments totaling JPY29.1 billion. A second close of JPY41.7 billion came in January. The first...
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