Conclusion of Memorandum of Understanding on Business Alliance with Westbourne
May 21, 2014
This information is as of the date of the annoucement.
Japan Alternative Investment Co., Ltd. (“JAI”; President: Mr. Atsushi Katayama) signed a Memorandum of Understanding (MOU) with Westbourne Credit Management Limited (“Westbourne”; headquartered in Melbourne, Australia; Managing Director: Mr. David Ridley) to enter into a discussion to jointly establish and manage an infrastructure debt fund for institutional investors in Japan.
This MOU will combine JAI’s experience and network, which JAI has established through its infrastructure fund marketing activities in Japan since 2007, with Westbourne’s considerable experience and successful track record in infrastructure debt investment management. JAI and Westbourne will cooperate to offer Japanese institutional investors the opportunity to gain access to the infrastructure debt asset class.