Investment firm Granite Asia and Integral Corporation, a private equity firm listed in Japan, unveiled Granite-Integral, a joint venture (JV) focused on investing in high-growth companies that are expanding to and from Japan.
The joint venture will possess an initial committed capital of US$100 million, with equal contributions from Granite Asia and Integral Corporation, according to both companies.
Granite-Integral will concentrate on “facilitating two-way expansion”. For businesses looking to enter the Japanese market, the joint venture will assist them in navigating through Japan's regulatory framework and business complexities.
At the same time, it will assist Japanese companies in pursuing expansion beyond their domestic market, particularly in areas like Southeast Asia.
“Granite Asia’s technology sector expertise and investor network, combined with Integral Corporation’s deep market knowledge, create a powerful platform to unlock cross-border synergies, accelerate market entry and drive long-term growth,” said the firms.
Granite-Integral will be directed by CK Choun, who leads the tech growth investment division of Integral Corporation known as Integral GlobalTech Partners, along with Joe Yan, an operating partner at Granite Asia.
Granite Asia senior managing partner Foo Jixun said, “Our partnership with Integral Corporation through Granite-Integral allows us to leverage Japan’s stable and mature market, enhancing the resilience and diversification of our multi-asset investment platform.”
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