This is a good sign, imo, that things will get more intersting in Japan in the next few years. This kind of FDI will definitely be noticed. I look forward to tracking their investment strategy.
Lone Star Funds will invest about 1.3 trillion yen ($11.9 billion) in corporate buyouts in Japan over the next three years, the Nihon Keizai newspaper reported.
Lone Star will set up a fund of $5 billion on Sept. 1, and borrow three times that amount, to purchase assets worldwide, the report said without saying where it got the information.
The company will invest about 60 percent of the total in Japanese businesses in industries such as construction, manufacturing and real estate, seeking annual returns of between 10 percent and 20 percent, the report said.
Lone Star to Invest 1.3 Tln Yen in Japan Buyouts, Nikkei Says [bloomberg.com]