Investment funds: Independent local firms in Japan

Anderson Mori & Tomotsune

The team at Anderson Mori & Tomotsune assists clients in investment funds and asset management matters, covering private equity, venture capital, infrastructure, and hedge funds. Jointly led by Harume Nakano and Kunihiko Morishita, the team is well versed in real estate investment funds, both for publicly listed and privately placed funds. Morishita brings considerable experience in advising multinational financial institutions, both within Japan and abroad, on investment fund matters. Koichi Miyamoto specialises in financial regulation, asset management, and investment funds, while Ryosuke Otoguro has in-depth knowledge of various investment fund issues.

Responsables de la pratique:

Harume Nakano; Kunihiko Morishita


Autres avocats clés:

Koichi Miyamoto; Ryosuke Otoguro; Akihito Miyake


Les références

‘The firm has excellent teams of lawyers and they can provide any services including investment funds business to any clients in a timely manner depending on the needs of the clients.’

‘AMT’s investment trust and investment funds team is strong. They always handle regulatory filings in Japan effectively and efficiently.’

‘Partner Kunihiko Morishita is an experienced lawyer who can provide any type of work.’

Principaux clients

UBS (formerly Credit Suisse)


DBJ Asset Management Co., Ltd.


Janus Henderson


BlackRock


Global Funds Management S.A.


Nikko Asset Management


Fidelity


Nomura Alternative Investment Management


Nippon Investment Company


Capula Investment Management


Principaux dossiers


  • Advised KDX Realty Investment Corporation, a Japanese Real Estate Investment Trust (J-REIT), on an absorption-type merger with two other investment corporations, Kenedix Residential Next Investment Corporation and Kenedix Retail REIT Corporate.
  • Advised UBS Management (Cayman) Limited (formerly known as Credit Suisse Management (Cayman) Limited) in the filing of the relevant securities registration statements and other documents in respect of the publicly offered funds in Japan.
  • Advised Japan Industrial Solutions Co., Ltd. which was jointly established as a private equity fund manager by four Japanese banks on structuring and formation of Industrial Solutions III Investment Limited Partnership (the “Fund”), including on Japanese regulatory matters, and completing the final closing of the Fund.

Mori Hamada & Matsumoto Tokyo Office

Mori Hamada & Matsumoto Tokyo Office’s team has handled numerous public offerings and private placements of investment funds across both Japanese and international jurisdictions, including the Cayman Islands, Ireland, and Luxembourg. The team is co-led by Yasuzo Takeno, who brings extensive experience in advising investment managers and fund businesses, particularly in structuring, public offerings, and private placements of offshore investment funds in Japan, and Ken Miura, who is highly knowledgeable in derivatives and capital market transactions, including Euro bond matters and global offerings of debt and equity securities. Another key name, Nobuharu Onishi, advises international clients in asset management and investment funds-related matters.

Responsables de la pratique:

Yasuzo Takeno; Ken Miura


Autres avocats clés:

Nobuharu Onishi


Les références

‘The strength of Mori Hamada & Matsumoto’s team is their deep knowledge, broad experience, and capabilities to be able to understand their client’s asset/fund management businesses. They could understand the important point in our business, therefore, their advice was very useful and effective in resolving our issue.’

‘Mr. Yasuzo Takeno is one of the most excellent lawyers who has a deep knowledge of investment funds and asset management business. His advices are always very practical and useful and we have been able to solve many difficult issues because of him. He gives very useful advice.’

‘We have been working with MHM’s asset management team for more than 20 years. MHM has a team of lawyers with deep expertise in various asset management business areas. They have experience in setting up foreign domiciled funds with a wide range of clients.’

Principaux dossiers


Nishimura & Asahi

The team at Nishimura & Asahi provides comprehensive advice on traditional asset management, including investment trusts, as well as the structuring, documentation, and formation of alternative investments, such as private equity, offshore, and exchange-traded funds. The team is co-led by Makoto Igarashi, who is well versed in representing investment managers in fundraising and investment activities, and Kei Ito, who specialises in a wide range of investment funds, from retail products like investment trusts to alternative investments, including buyout funds. Other names to note are Tsuyoshi Ito, Kohei Ishida, and Yoshiharu Kawamata, who have extensive experience with domestic and international investment fundraising, including PE and mezzanine funds.

Responsables de la pratique:

Makoto Igarashi; Kei Ito


Autres avocats clés:

Tsuyoshi Ito; Kohei Ishida; Yoshiharu Kawamata


Principaux clients

Nippon Sangyo Suishin Kikou


MUFG Bank, Ltd.


Japan Post Insurance NEXT Partners Co., Ltd.


Nomura Mezzanine Partners Co., Ltd.


SPARX Asset Management Co., Ltd.


Nomura Asset Management Co., Ltd.


Daiwa PI Capital Co., Ltd.


MUFG Bank, Ltd.


TA Realty LLC


Sumitomo Mitsui Trust Investment Co., Ltd.


MCP Mezzanine


MCP Familia


MCP Capital


Nomura Holdings, Inc.


Principaux dossiers


  • Advised on all aspects of the final closing of NSSK III Fund, a PE fund that will invest in Japan.
  • Advised MUBK on the establishment of: (i) MUFG Strategic Investment, Ltd., a wholly owned subsidiary of MUBK, and (ii) MUFG Strategic Investment I Investment Limited Partnership.
  • Advised JPI NEXT, a subsidiary of Japan Post Insurance Co., Ltd., on the formation of JP LIFE NEXT No. 1 Investment Limited Partnership jointly with Japan Post Insurance, and on the initiation of investments in venture companies.

Atsumi & Sakai

Led by Akio Kawamura and Ryuichi Nozaki, the investment fund team at Atsumi & Sakai advises clients on all fund-related legal matters, from initial structuring and managing relationships with Japanese regulators to compliance during the investment period and exit mechanisms. Kawamura is well versed in regulatory counselling for financial institutions and fund managers, while Nozaki has significant experience in asset management and cross-border investments. The venture practice team is jointly led by Yokihiko Machida and Osamu Fujiwara, who have significant experience advising both domestic and foreign corporations on venture finance, asset management, and investment funds.

Responsables de la pratique:

Akio Kawamura; Ryuichi Nozaki; Yokihiko Machida; Osamu Fujiwara


Principaux dossiers


Nagashima Ohno & Tsunematsu

Nagashima Ohno & Tsunematsu‘s team is well versed in handling matters related to domestic and cross-border investment and private real estate funds, with a growing practice in private equity fund formation and other alternative investment structures. The team is led by the ‘knowledgeable and experienced’ Keiko Shimizu, who provides advice on both onshore and offshore investment fund products, fund structuring, and formation. Kensuke Suzuki has experience in fund formation and regulatory matters, while Hiroyuki Ishizuka advises on various fund formation projects. Another individual to note is Takashi Itokawa, whose practice focuses on financial transactions and securities offerings by various issuers.

Responsables de la pratique:

Keiko Shimizu


Autres avocats clés:

Kensuke Suzuki; Hiroyuki Ishizuka; Takashi Itokawa


Les références

‘We believe Keiko Shimizu is one of the best fund lawyers in Japan in terms of knowledge, experience, and global network.’

‘The team has a strong track record in dealing with PE funds in Japan. They communicate effortlessly and flawlessly in both Japanese and English, which is invaluable when structuring cross-border fund structures and negotiating with overseas investors.’

Principaux clients

Integral Corporation


T Capital Partners


Z Energy Co. Ltd.


Invesco Group


GLP JReit


Activia Properties Inc.


Mitsui Fudosan Logistics Park Inc.


MCo Corporation


SevenSeas Advisors Co., Ltd.


Nippon BuildingFund Inc.


Principaux dossiers


TMI Associates

Under the leadership of the ‘proactive’ Yoshiyasu Yamaguchi, the team at TMI Associates ‘stands out because of their dedication, expertise, and genuine care’. The team delivers legal guidance on domestic funding and investment matters, including buyouts, distressed, real estate, and content funds. Hidehiro Utsumi brings knowledge in the area of international investment funds, providing strategic advice on cross-border investments, while Yoshikazu Noma offers a unique combination of expertise in banking and finance regulations, along with a strong background in dispute resolution. Another name to note is the ‘valuable’ Sadao Maeda, who advises financial institutions in finance regulatory matters.

Responsables de la pratique:

Yoshiyasu Yamaguchi


Autres avocats clés:

Hidehiro Utsumi; Yoshikazu Noma; Sadao Maeda


Les références

‘The team at TMI Associates is exceptional for several reasons. They bring a wealth of experience and deep knowledge, providing practical and effective advice tailored to each of our unique situations. I can tell that they care deeply about us and offer personalized solutions. The team continuously helps us with our clients and works around the clock to make sure they get the job done. It’s also evident that the team collaborates closely, ensuring comprehensive and seamless legal support.’

‘TMI Associates stands out for their personalized approach and innovative solutions, making them a top choice for legal services.’

‘The team at TMI Associates stands out because of their dedication, expertise, and genuine care. Sadao Maeda, in particular, has been incredibly valuable. He’s always available and goes above and beyond to help us. His commitment and support make a real difference.’

Principaux clients

Sompo Japan Nipponkoa Asset Management


DBJ Asset Management Co., Ltd.


Nissay Asset Management Corporation


Government Pension Investment Fund of Japan


DNX Ventures


Inclusion Japan, Inc.


AN Ventures


Principaux dossiers


  • Advised Saompo Japan Nipponkoa Asset Management regarding Japanese stock in its negotiations and conclusions of relevant contracts with international investment managers.
  • Advised DNX Ventures on raising two new funds (DNX Partners Japan IV, LP and DNX Partners Annex Japan III, LP), which onboard Japanese and foreign investors.
  • Advised AN Ventures onboarding Japanese limited partners including JIC, Shionogi, and Otsuka Seiyaku.

Oh-Ebashi LPC & Partners

The team at Oh-Ebashi LPC & Partners provides its clients with expert advice on a variety of investment matters, including investment funds, limited partnerships, silent partnerships, unit funds, and other forms of investment structures. Led by Takuyuki Sakurai, the team advises on reviewing contracts and managing structural negotiations related to clients’ investment funds. Sakurai brings expertise in fund management, venture capital, and structured finance matters.

Responsables de la pratique:

Takuyuki Sakurai


Les références

‘The firm is diligent in their work and quick to respond.’

Principaux clients

The University of Tokyo Edge Capital Partners Co., Ltd.


ANRI


Bee Alternatives Limited


Principaux dossiers