News
2023.10.17
- AUM
Notice of Final Closing of NSSK III
Nippon Sangyo Suishin Kiko (“NSSK”) is pleased to announce the completion of the final closing of NSSK III with total commitments of over JPY100 billion.
Despite the uncertainties in the world driven by the pandemic, inflationary pressures, interest rate hikes and overall geopolitical tensions, we are pleased to report that NSSK III has completed its fund raising above its original target thanks to the support of our existing and new investors.
An important investment theme for NSSK that has contributed to generating superior returns has been the advancement of women at our investments. We believe this and our commitment to “always do what is right as a human being” have enabled us to generate strong returns consistently and navigate through turbulent times. For the predecessor fund of NSSK III, with over 15,000 employees, we are excited to report that 70% of the employee base are women, 35% of the managerial positions are held by women and 39% of the CEO or COO positions are held by women (or a minority). This commitment to the “gender opportunity” will continue to be an integral part of NSSK III.
NSSK III is off to a strong start and has already made five investments in attractive businesses in the healthcare, digital marketing, water related, digital learning and specialty packaging industries. We will continue to leverage our regional network and extensive experience and track record in business succession and special situations to capture attractive investment opportunities created by the current market environment. In addition, we are seeing very interesting opportunities in carve outs and public to private transactions as well.
We will continue to do what is right as a human being, build a world class investment management company and dedicate ourselves to the promotion of ESG values.