It was revealed last week that CCMP Capital has joined Japan’s Unison Capital in a bid to acquire Daito Trust Construction, a Japanese real estate development company. This was after New York-based Aetos Capital and Japanese investor Mori Trust decided to reduce their involvement in the deal, according to Reuters.
Strategy shift?
Large private equity firms in Asia may increasingly look to investments outside of their traditional space, writes Siddharth Poddar.