Mitsubishi Corporation Subsidiary Marunouchi Infrastructure Launches Japan's First Diversified Infrastructure Fund
2017年12月11日 - 06:56PM
JCN Newswire (英)
Mitsubishi Corporation is pleased to announce that its 100%
subsidiary, Marunouchi Infrastructure Inc. (MII), has launched
Japan's first diversified infrastructure fund. The fund will invest
in a portfolio of assets across all major infrastructure
sectors.
MII has established a limited partnership with commitments from
institutional investors in Japan reaching more than JPY 30 billion
on its first closing, and expects additional commitments to bring
the Fund to its targeted JPY 50 billion in total in the first half
of the next year. The Fund has a hard-cap of JPY 100 billion.
The value of infrastructure assets held by the public sector in
Japan, including the central and local governments, reaches several
hundred trillion yen. The private sector also holds a large volume
of infrastructure assets. Many of Japan's infrastructure assets,
particularly those developed during the period of rapid economic
growth between 1954 and 1973, will need to be refurbished and
replaced in the coming decades.
In addition, a large number of new infrastructure projects,
including those related to the rapidly expanding renewable energy
space, are now being developed. With governments trying to ease
their fiscal burden and with companies aiming to concentrate on
their core businesses, MC sees infrastructure funds playing a
greater role in developing and maintaining Japan's
infrastructure.
MC and its subsidiaries have been the front runners among Japanese
companies in managing investor capital and in executing investments
in infrastructure assets overseas since 2012. Those investments
have included electricity distribution networks, toll road related
business and seaports, particularly in Europe and the U.S. With
that proven track record, we are in a good position to leverage our
investment management capabilities to successfully launch this Fund
to invest in infrastructure in Japan.
While most other infrastructure funds in Japan invest exclusively
in renewable energy, the Fund is targeting all major infrastructure
sectors, namely energy, transportation and utilities, making it the
country's first diversified infrastructure fund. Through this
initiative, MC is seeking an opportunity in developing and
maintaining infrastructure in Japan, while at the same time
simultaneously generating economic value, environmental value, and
societal value through this Fund.
About Mitsubishi Corporation
Mitsubishi Corporation (MC; TSE:8058) is a global integrated
business enterprise that develops and operates businesses across
virtually every industry including industrial finance, energy,
metals, machinery, chemicals, foods, and environmental business.
MC's current activities are expanding far beyond its traditional
trading operations as its diverse business ranges from natural
resources development to investment in retail business,
infrastructure, financial products and manufacturing of industrial
goods. With over 200 bases of operations in approximately 80
countries worldwide and a network of over 500 group companies, MC
employs a multinational workforce of nearly 60,000 people. For more
information, please visit www.mitsubishicorp.com.
Source: Mitsubishi Corporation
Contact:
Mitsubishi Corporation
Tel: +81-3-3210-2171
Fax: +81-3-5252-7705
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