Mizuho Capital to launch $300m SME mezzanine fund
Mizuho Capital Partners is set to launch a new JPY30 billion ($277 million) mezzanine fund which will support Japanese small- to medium-sized enterprises (SMEs) in the form of subordinated loans and preferred shares.
According to Bloomberg, the fund will launch in January next year and will target a gross IRR of 10%. It will be the successor vehicle to MH Mezzanine Investment Enterprise II, a JPY17.7 billion fund originally...
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