The Japan Private Equity Association announced “Recommendation for More Proactive Use of Private Capital for the Real Revitalization of the Japanese Economy”

http://www.japanpea.jp/vcms_lf/Teigen_En.pdfOn March 8, the Japan Private Equity Association, regarding government-affiliated funds, through which the Government of Japan and related institutions proactively support Japanese businesses, made three recommendations, in view of the necessity to maintain public-private division of roles. The Association’s recommendations are as follows: 1) Establish strict standards for investments and loans provided by government-affiliated funds, 2) promote collaboration between the government-affiliated funds and private funds, and 3) conduct follow-up monitoring of investments and loans by government-affiliated funds.