J-Star Completes ¥32.5 Billion Fundraising for Third Japan Buyout Fund Series
Simpson Thacher represented J-Star in connection with the formation of the its third Japan-focused fund series (the “J-Star No.3 Series Funds”). J-Star is a leading Japanese private equity fund sponsor, having won the PEI private equity firm of the year in Japan for five consecutive years. The J-Star No.3 Series Funds held their final closing on April 25, 2017 with ¥32.5 billion in aggregate capital commitments, exceeding the ¥30 billion target and reaching their aggregate fundraising hard cap.