Nomura Announces New Partnership with SPARX Group

Nomura Holdings, Inc., a Japanese financial holding company and a principal member of the Nomura Group, recently announced that it has partnered with asset management firm SPARX Group Co., Ltd. to establish a new investment firm, which was tentatively named as Nomura SPARX Investment, Inc..

The collaboration between two companies will integrate with Nomura's deep expertise in supporting the growth of unlisted companies, including through IPOs, and SPARX's solid track record in the asset management business, including its venture capital business that invests in unlisted company stock. 

The new platform enables assets owned by investors to be offered as growth capital for unlisted companies, which plans to be listed on the Tokyo Stock Exchange's Venture Funds Market, aiming to invest assets from a wide range of investors in unlisted company stock.

To help unlisted portfolio companies grow, the two companies will provide them with support related to IPOs and IR activities in addition to offering financing and M&A advice.