January 30, 2018 / 7:19 AM / a year ago

Japan Post units to set up a private equity fund management firm

TOKYO, Jan 30 (Reuters) - Japan Post’s banking and insurance units, Japan Post Bank Co and Japan Post Insurance Co, will set up a private equity fund management firm, the companies said on Tuesday.

Japan Post Investment Corp, to be established next month, will form new funds and supply risk money primarily to finance buyout deals in Japan, they said in a statement.

Reporting by Taiga Uranaka; Editing by Chris Gallagher

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