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Monument Group advises Aspirant Group on JPY50bn fundraise

Placement agent Monument Group has advised Japanese middle-market buyout firm Aspirant Group (Aspirant) on a fundraising round for Aspirant Group III Series Funds (AG III). The fund had its final close at the hard cap of JPY50 billion in commitments after only seven months of formal marketing.

AG III was the first global institutional fund raised by Aspirant and commitments were secured from European and US investors, and several global fund of funds, as well as major Japan institutional investors. Investors included major financial institutions, pension plans, asset managers, and family offices. AG III closed on 31 October, 2019.
“The successful fundraise of AG III demonstrates a clear interest in the Japanese buyout market from the international investing community,” says Kay Sano, Representative Director, Monument Group. “It was a pleasure to leverage our long standing investor relationships to support Aspirant in this effort.”
“With a global footprint and strong presence in Asia, Monument Group proved an ideal partner for our first international fundraise,” says Akitoshi Nakamura, Chief Executive Officer, Aspirant Group, Inc. “With the raise of AG III, we are very well positioned to build on Aspirant’s established record of sourcing, executing, managing and realising investments in Japan’s vibrant middle market. We thank our new and returning investors for their confidence in Aspirant, and extend our gratitude to Monument Group for their guidance in this fundraise.”
Monument Group served as the exclusive placement agent to Aspirant Group.

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