Marubeni agrees $50m commitment

The Japanese corporation has invested in a fund of funds to explore global venture opportunities.

Institution: Marubeni Corporation
Headquarters: Tokyo, Japan
AUM: ¥6.76trn
Bitesize: $10m-$50m

Marubeni Corporation has approved $50 million commitment to Vertex Master Fund II, a fund of funds that targets global venture opportunities.

The vehicle has already raised $730 million of capital and aims to invest in investment funds targeting businesses in consumer, healthcare and technology industries.

The Development Bank of Japan and Sumitomo Mitsui Banking Corporation are also investors of the fund.

As illustrated below, Marubeni has a wide variety of venture capital investment appetite and the commitment to Vertex Master Fund II is one of its few investments into fund of funds.

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