ORIX CORPORATION : ORIX Announces Capital Participation in Mongolia’s First PE Fund | 4-Traders: "TOKYO, Japan - February 4, 2013 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today announced its capital participation in the private equity fund "The Mongolia Opportunities Fund I," established by the Mongolian investment firm Mongolia Opportunities Partners as the first private equity fund in Mongolia. ORIX aims to use this fund as a vehicle to make its first investment in Mongolia.
The Mongolia Opportunities Fund I is a private equity fund established in June 2011 with the aim of investing in high-growth sectors of the Mongolian economy such as mining, infrastructure and export-related areas. Mongolia Opportunities Partners, the fund operator, is comprised of staff with a wealth of experience in M&A, investment and asset management at international financial institutions and major foreign capital consulting firms. This staff will fulfill the role of bringing foreign investors to the Mongolian economy. ORIX is participating as an investor in the expansion of the fund."
'via Blog this'