Marubeni : First Close of MM Capital Infrastructure Fund I L.P. A Specialized Equity Investment Fund for Overseas Infrastructure Assets
March 29, 2019 at 06:16 am
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March 29, 2019
Marubeni Corporation
Mizuho Bank, Ltd.
Asset Management One Co., Ltd.
First Close of MM Capital Infrastructure Fund I L.P.
A Specialized Equity Investment Fund for Overseas Infrastructure Assets
Marubeni Corporation (hereinafter, "Marubeni"; President & CEO: Fumiya Kokubu), Mizuho
Bank, Ltd. (hereinafter, "Mizuho"; President & CEO: Koji Fujiwara), and Asset Management
One Co., Ltd. (hereinafter, "AM-One"; President & CEO: Akira Sugano) hereby announce the first close of MM Capital Infrastructure Fund I L.P., a specialized equity investment fund for overseas infrastructure assets (hereinafter, "the Fund") managed by MM Capital Partners Co.,Ltd. (President & CEO: Tomohide Goto) .
LP investors for first close are MG Leasing Corporation (under consultation with a view to change its trade name to "Mizuho Marubeni Leasing" (tentative name) ), Korea Investment Management Co.,Ltd., Fuyo General Lease Co., Ltd., Shinsei Bank Limited, and, in addition to Marubeni and Mizuho; its capital level is around JPY 20 billion. In the next year, we plan on broadly reaching out to a number of investors in order to expand the capital managed by the Fund to JPY 50 billion.
The Fund will make investments within the transportation infrastructure sector and the energy infrastructure sector, and will focus primarily on assets that are already operational and generating a steady cash flow (brown-field). In particular, the Fund will seek to make investments in member countries of the Organization for Economic Co-operation and Development (OECD). With this strategy, the fund will aim to mitigate risk factors like country risk and project risk, maintain income gain during the term, and provide long-term and stable investment opportunities to institutional investors like financial institutions and pension funds.
【Outline for the Fund】
Name
MM Capital Infrastructure Fund I, L.P.
(Cayman Islands Limited Partnership)
Operation
&
MM Capital Partners Co., Ltd.
Management
Company
Main Business
Equity investments in overseas infrastructure (transportation and
energy) assets. Specifically within the Organization for Economic
Co-operation and Development.
【Fund Operation & Management Company】
Name
MM Capital Partners Co., Ltd. (Headquarters: Chuo Ward, Tokyo)
Representative
President & CEO: Tomohide Goto
Shareholders
Marubeni (90%), Mizuho (5%), and AM-One (5%)
Main Business
Management and Operation of MM Capital Infrastructure Fund I, L.P.
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Marubeni Corporation published this content on 29 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 March 2019 06:15:12 UTC
Marubeni Corporation is a diversified group organized primarily around 12 business segments:
- sale of agricultural products and related services (47% of net sales): sale of agricultural inputs (crop protection products, fertilizers, seeds, etc.), precision farming services, formulation of crop protection products, export of cereals and oilseeds, etc.;
- sale of food products (17.6%);
- production and distribution of oil, gas, alternative energy and electricity (10.4%);
- production of chemicals and petrochemicals (6.4%);
- production of metals and mineral resources (4.9%);
- sale and financing of industrial and construction machinery and equipment (4.6%). The group also develops car sales and tire distribution activities;
- sales of consumer electronics (4.3%). In addition, the group develops real estate development and management activities;
- sale of forest products (2.3%): wood chips and biomass fuel, pulp and waste paper, paper, paperboard, hygiene products, building & construction materials and wood products;
- sale of apparel, accessories, textile and lifestyle products (1.1%);
- management and operation of aircraft and ships (1%);
- development of energy production units and industrial installations (0.3%);
- finance and leasing (0.1%): auto finance, aircraft leasing, aircraft engine leasing, leasing and renting of refrigerated trailers, commercial vehicles and commercial freight railcars, etc.
Net sales are distributed geographically as follows: Japan (37.2%), the United States (42.5%)
MARUBENI CORPORATION 
