2011年9月2日金曜日

Japan Government-Backed Fund Eyes Foreign Investors - Wall Street Journal

TOKYO—The $2.6 billion merger of the small LCD panel operations of three big-name Japanese electronics makers announced Wednesday put the spotlight on a previously little-known government-backed entity that was key to putting the deal together.

Seemingly coming out of nowhere to play a pivotal role in realigning the country's blue-chip electronics industry, the Innovation Network Corporation of Japan—the country's first public-private investment fund—still has billions of dollars to invest. And some of that money may go to firms outside Japan, with the INCJ teaming up with foreign investors, including sovereign-wealth funds.

"All industries have responded to globalization, so we can't ...

TOKYO—The $2.6 billion merger of the small LCD panel operations of three big-name Japanese electronics makers announced Wednesday put the spotlight on a previously little-known government-backed entity that was key to putting the deal together.

Seemingly coming out of nowhere to play a pivotal role in realigning the country's blue-chip electronics industry, the Innovation Network Corporation of Japan—the country's first public-private investment fund—still has billions of dollars to invest. And some of that money may go to firms outside Japan, with the INCJ teaming up with foreign investors, including sovereign-wealth funds.

"All industries have responded to globalization, so we can't ...


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