JIC PEF1 Limited Partnership is a Japanese private equity buyout fund established in September 2020 as part of the JIC Private Equity (JIC PE) initiative under Japan Investment Corporation (JIC), a government-backed entity supervised by the Ministry of Economy, Trade and Industry.
The fund focuses on large-scale buyout and growth investments aimed at creating new businesses and industries to realize Society 5.0, consolidating and strengthening the international competitiveness of Japanese industries, and promoting structural reforms. Its investment strategy encompasses buyouts for industrial restructuring, growth investments in high-potential companies, and support for next-generation social infrastructure such as communications and renewable energy.
Managed by General Partner JIC Capital, Ltd. (wholly owned by JIC), with JIC as the primary Limited Partner alongside an officers and employees investment partnership, the fund has a committed size of approximately JPY 200 billion. It operates with a 10-year term and 5-year investment period, targeting deals that deliver both financial returns and policy objectives through neutral, long-term risk capital.
The fund has participated in major transactions, including the 2024 takeover of JSR Corporation and investments in companies like Shinko Electric Industries. It is domiciled in Tokyo and forms part of JIC's broader efforts to supply risk capital where private markets are insufficient, positioning it as a key player in Japan's industrial transformation and private equity landscape.
Also known as JIC PE Fund No. 1 Investment Business Limited Partnership.
None yet. When a new project in the record names JIC PEF1 as owner, partner or investor, it shows here.
Plans to buy JSR for ¥1.84 trillion, target closing in H2 of FY ending March 2028; DBJ to co-invest ¥200bn; shelf registration up to ¥150bn to help refinance a ¥1,640bn bridge loan.
