Nomura Holdings is extending its range of services by investing an initial JPY100 billion in establishing a new private equity business.
Under the new business, Nomura will primarily provide equity to clients as a solution for business reorganisations and revitalisations, business succession as well as management buyouts.
Effective 1 December, 2017, Nomura will establish the Merchant Banking Preparation Office, which will be responsible for sourcing deals and working out the details of the new business.
Equity and other investments will be provided through a fund. In addition to the cost of setting up the fund, Nomura plans to make an initial investment of approximately JPY100 billion in the new business. The firm has not yet identified any specific investment targets.
Nomura ’s Retail business is currently making efforts to bolster its consulting services, while the firm’s Wholesale business offers creative solutions leveraging its strengths in Investment Banking and Global Markets. The new business will respond to clients’ growing needs for a wider range of solutions.
