Polaris launched the 5th fund offering targeting domestic and overseas investors at the end of last year. Although fund-raising activities were hindered by the impact of the COVID-19, Polaris reached its goal of completing the offering at JPY150 billion this November, the largest ever. In addition to existing investors, many new investors both in Japan and abroad have recently applied even under the difficult COVID-19 environment. This is a great honor to me as the founder. Upon completion of the offering of the 5th fund, an investment fund with a cumulative amount of JPY350 billion has been established. I would like to thank you for your support which has enabled us to achieve the five rounds of successful fundraising within a short period since 2004 and secure the position of a leading firm in the Japanese buyout fund market.
Since its inception, Polaris has invested in about 30 Japanese companies with a persistent focus on Business Succession from individual owners and Carve-out from large conglomerates. Our primary investment focus of the new fund will continue to be on Japanese companies in manufacturing with globally competitive technologies/patents and in consumer goods, retail, logistics and other services possessing strong brands or unique business models with potential to expand into the overseas markets.
There are many Japanese mid-cap enterprises which have not yet realized their full potential due to legacy assets or constraints. Polaris wishes to work with such Japanese companies as a sponsor and assist them to overcome those obstacles and achieve Business Model Innovation including digital transformation by streamlining business structure, improving management effectiveness, strengthening financial standings and as a result increase the enterprise value. In terms of the location, Polaris, the only private equity firm with an office in Osaka, intends to put more effort in identifying attractive investment opportunities in Kansai area. On the overseas front, Polaris intends to support the global expansion of its portfolio companies through its Singapore subsidiary.
One of Polaris’s major missions is to revitalize the Japanese economy and contribute to Japanese society, through assisting Japanese companies to advance into the global market with their unique technologies and brands and creating a new capital flow via funds in Japan. As a leading firm in the private equity market, Polaris continues to be committed to providing the best and high value added services to its clients as a fair and diligent intermediary, contributing to the growth of Japanese industries and achieving the happiness and fulfilment of each Polaris member. Your kindest and unchanged support into the future would be greatly appreciated.
Founder, President & CEO
Polaris Capital Group Co., Ltd.