Nomura ICG completes final close of dedicated Japan mezzanine fund

Nomura ICG K.K. ("Nomura ICG"), the strategic partnership created by Nomura Holdings, Inc. ("Nomura") and Intermediate Capital Group ("ICG") announces that it completes the final close of its dedicated Japan mezzanine fund.

The final size of the fund is JPY46.5bn with the investor base coming almost entirely from Japan, including capital commitments from parent companies ICG and Nomura. The fund has been raised in 15 months since it launched in September 2014.

The fund has already invested JPY17.5bn in three transactions of which one has already been successfully realized, overall the fund is now c.27%, JPY12.5bn invested.