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SBI, KKR to Set Up Joint Asset Management Firm in Japan

SBI, KKR to Set Up Joint Asset Management Firm in Japan

   Tokyo, Sept. 12 (Jiji Press)--SBI Holdings Inc. said Tuesday it has reached a basic agreement with U.S. investment firm Kohlberg Kravis Roberts & Co. to set up a joint asset management company in Japan.
   The Japanese financial group aims to provide retail investors in Japan with opportunities to trade in assets that have been rarely available to them, such as private equity, in addition to traditional assets such as stocks and bonds, and to help them diversify investment risks.

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AFP-JIJI PRESS NEWS JOURNAL


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