The Longreach Group Closes Longreach Capital Partners 4 at $547 Million

– Longreach Group announced the final closing of Longreach Capital Partners 4 (LCP4) with total commitments of $547 million (JPY 78 billion).

– The LCP4 fund size increased from its predecessor fund, Longreach Capital Partners 3, which had $456 million (JPY 65 billion) in commitments.

– Strong demand from both existing and new investors contributed to the success of LCP4.

– Commitments were received from a geographically diverse group of Limited Partners (LPs) across Japan, North America, Europe, and non-Japan Asia.

– Investors included Corporate and Government Pensions, Sovereign Wealth Funds, Financial Institutions, and Funds of Funds.

– LCP4 will continue Longreach’s strategy of focusing on Japan-related control buyout investments, particularly in mature industrial, technology, business services, and consumer sectors.

– Key focus areas include corporate carve-outs, founder succession, and bolt-on platform building buyouts.

– At the time of final closing, LCP4 had already deployed capital into its first three buyout investments.

– Mark Chiba, Group Chairman and Partner, expressed appreciation for the support from existing and new LPs and emphasized LCP4’s alignment with Longreach’s mid-cap buyout strategy.

– Asante Capital Group served as the international fundraising advisor, while Crosspoint Advisors and DBJ Capital Securities were Japan fundraising advisors.

– Legal counsel was provided by Gibson Dunn, Maples and Calder, and Nishimura & Asahi.