DBJ commits to two Asia-focused funds

The Japanese bank explores healthcare and technology opportunities through two Asia-focused funds.

Institution: Development Bank of Japan
Headquarters: Tokyo, Japan
AUM: JPY16.85trn
Allocation to alternatives: 10.0%

The Development Bank of Japan has committed to Vertex Master Fund II, a fund of funds focused on technology and healthcare sectors in Asia, Middle East and North America.

Separately, it committed to MPI-2 Investment Limited Partnership, a vehicle targeting businesses that manufacture medical devices in Japan.

As illustrated below, the bank has committed to four 2019-vintage private equity funds.

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