Walkers' Singapore team advises Japan-based private equity firm Aspirant Group on launch of JPY50 billion fund

Walkers acted as Cayman Islands counsel to Japan-based private equity firm Aspirant Group, Inc. on the launch of its third fund series, the 'AG III Series Funds', with the fund closing at a hard cap of JPY50 billion (US$463 million).

Based in Tokyo, the middle-market buyout firm helps companies pursue better profitability and sustainable growth.

Limited partners who invested in the fund include both domestic and international investors, such as pension funds, financial institutions, insurance companies, funds of funds, and family offices.

The Walkers team was led by Singapore-based partners Thomas Granger and Timothy Stevens, with support from associate Michael Kenny. Simpson Thacher & Bartlett acted as lead counsel to Aspirant Group.