MUFG’s consolidated subsidiaries MUFG Bank and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have established a debt fund framework for Japanese institutional investors to participate in providing loans to overseas start-up companies. In establishing this framework, MUFG Bank has entered into a comprehensive insurance underwriting framework agreement with Nippon Export and Investment Insurance (NEXI), and Daido Life Insurance Company, Joyo Bank, Ltd., and The Hachijuni Bank, Ltd. have decided to participate in the new fund based on this framework.
Since its inception in 2021, MUFG Bank affiliate, Mars Growth Capital, has provided loans to startups with MUFG Bank as its sole LP (Limited Partnership) investor. In addition to establishing comprehensive loan insurance through NEXI, the newly developed framework utilizes the structuring and distribution functions of MUFG Bank and offers a highly convenient scheme for investors to invest in trust accounts provided by MUTB. This framework is the first debt fund managed by Mars Growth Capital which involves investors other than MUFG Bank.
MUFG will further expand the scale of existing funds by inviting 3rd party investors to contribute to new innovations and the development of new industries in Japan and overseas.