AVCJ Private Equity & Venture Forum Japan 2023

The premier private equity & venture forum in Japan

The Conrad, Tokyo and online

27 Jun

Buyouts: Betting bigger

Large-cap deal flow in Japan has risen in recent years, driven by corporate carve-outs and tender offers for listed companies. Investors were less active in 2022 than 2021, but Japan held up well compared to most markets in the region. Moreover, bullishness is stoked by a belief that divestments represent a long-term structural trend. This has led to fiercely contested auction processes and rich valuations, which means GPs must find more operational levers to pull. 

  • What can managers to do to differentiate themselves from the competition?
  • Are activist investors becoming a more significant driver of deal flow?
  • How much leveraged financing is available and on what terms?
  • Will sponsor-to-sponsor transactions become the main source of deal flow?
image image image image image
  • Speakers keyboard_arrow_down
    Toru Masuda Executive Officer, Alternative Investment SUMITOMO MITSUI TRUST BANK Bio
    Atsushi Akaike Managing Partner, Co-Head of Japan CVC CAPITAL PARTNERS Bio
    Jumpei Ogura Managing Director CARLYLE Bio
    Takanobu Hara Partner EQT Bio
    Eiji Yatagawa Partner, Private Equity KKR Bio