Hideyuki Inokuma to retire from Advantage Partners
Hideyuki Inokuma, who as chief administrative officer at Advantage Partners is responsible for investor relations as well as middle and back-office functions, is to retire from the Japan-based firm.
Inokuma has spent 11 years with Advantage, during which time he also led the build-out of the firm’s administrative, reporting and compliance operations. He will depart at the end of June, with Katsuya Baba, a partner who has worked for Advantage since 2002, assuming responsibility for oversight of investor relations and related functions.
Baba is one of four partners on the Japan buyout team, following the promotion of Daisuke Murakami last December. Murakami has been with the firm for 12 years and has led or managed investments in electronic billing equipment manufacturer MEI Conlux, digital camera business Xacti, massage salon chain Riraku, and funeral services company Epoch Japan. Taisuke Sasanuma and Richard Folsom remain Advantage’s representative partners.
The private equity firm closed its fifth Japan-focused mid-market buyout fund last year at the hard cap of JPY60 billion ($535 million). A debut Asia ex-Japan vehicle closed in May at $380 million.
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