Tokio Marine to launch $294m mezz fund
Tokio Marine & Nichido Fire Insurance is to launch a new mezzanine fund with a target of JPY 30 billion ($294 million).
According to Nikkei, the Japanese insurer will commit JPY 10 billion to the fund and will raise the remainder from institutional investors, mostly pension funds. Tokio Marine has arranged 20 mezzanine...
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