Private Equity Giant Blackstone Targets Japanese Market, Anticipates 'Accelerated Growth': Report
Private Equity Giant Blackstone Targets Japanese Market, Anticipates 'Accelerated Growth': Report
The iShares MSCI Japan ETF (NYSE:EWJ) is up over 9% in 2024 and the Japanese Yen is as weak against the U.S. Dollar as it has been in several decades.Private equity giants such as Blackstone Inc (NYSE:BX) have seemingly gobbled up everything in the United States market, from pet care to real estate, even eying a purchase of sports teams. The NYC-based investment management company has eyed a new opportunity: the Japanese market.
像黑石公司（NYSE：BX）这样的股权投资巨头，似乎在美国市场上瓜分了一切，从宠物护理到房地产，甚至在考虑购买体育队。这家总部位于纽约城的投资管理公司已经盯上了一个新机遇：日本市场。
What Happened: Nikkei Asia reported that Blackstone is planning to invest $9.6 billion in Japan by 2027.
发生了什么：据日经亚洲报道，黑石计划到2027年在日本投资96亿美元。
"There are a number of factors that have come together that have really accelerated growth in the Japanese economy as well as investment opportunities," Blackstone President Jonathan Gray told Nikkei. "It's been the return of inflation to the Japanese economy, the strength in the stock market, the policies under Prime Minister [Fumio] Kishida, which have encouraged individual Japanese to move from savers to investors, which we think is very important, the encouragement of companies to focus on return on equity and to look at selling noncore divisions."
“有很多因素汇聚在一起，加快了日本经济的增长以及投资机会，” Blackstone总裁乔纳森·格雷告诉日经。他说：“这是日本经济回归通胀，股市强势，菅义伟首相实行的政策鼓励日本人从储蓄者转变为投资者，这非常重要，公司鼓励关注股东回报率并考虑出售非核心部门。”
The iShares MSCI Japan ETF (NYSE:EWJ) is up over 9% in 2024 and the Japanese Yen is as weak against the U.S. Dollar as it has been in several decades.
iShares MSCI Japan ETF（NYSE：EWJ）在2024年上涨超过9％，日元对美元的弱势已达数十年之久。
Why it Matters: Blackstone is not alone in pursuing opportunities in the Japanese market. Investment managers, including Bain Capital and KKR & Co Inc (NYSE:KKR), are increasingly favoring Japan rather than China and India for investment opportunities.
为什么很重要：黑石并不是在追求日本市场机会方面孤军奋斗。投资管理人尤其是贝恩资本和KKR & Co Inc（NYSE：KKR）越来越青睐日本而非中国和印度的投资机会。
Carlyle Group, which has previously invested in Japan, saw an internal rate of return of 28%, compared with around 8% to 14% for major Carlyle funds with focuses in Europe or Asia, according to Nikkei.
根据日经的报告，此前就曾投资于日本的凯雷集团在该地区实现了28％的内部回报率，而对于在欧洲或亚洲主要基金则为约8％到14％。
Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) has made several investments in Japan in recent years. CEO Warren Buffett famously prefers to invest in American companies, but a favorable Japanese interest rate environment led Berkshire to take stakes in the following Japanese conglomerates in 2020:
伯克希尔·哈撒韦公司（NYSE：BRK）在近年来在日本进行了几次投资。首席执行官沃伦·巴菲特声称更喜欢投资于美国公司，但有利的日本利率环境促使伯克希尔在2020年持有以下日本企业集团的股权：
- Itochu Corp. (OTC:ITOCY)
- Mitsubishi Corp. (OTC:MSBHF)
- Mitsui & Co., Ltd (OTC:MITSY)
- Sumitomo Corp. (OTC:SSUMY)
- Marubeni Corp. (OTC:MARUY)
- 伊藤忠商事株式会社（OTC：ITOCY）
- 三菱商事股份有限公司（OTC：MSBHF）
- 三井物产株式会社（OTC：MITSY）
- 住友商事株式会社（OTC：SSUMY）
- 丸红株式会社（OTC：MARUY）
The late vice-chairman Charlie Munger championed Berkshire's Japanese investments.
已故副主席查理·芒格支持伯克希尔的日本投资。
"It was like having God just opening a chest and just pouring money into it," Munger said.
芒格表示:“这就像上帝打开箱子，然后向里面倒钱一样。”
Also Read: Blackstone To Grant Equity To Rank-And-File Employees At US Buyouts: Report
还要阅读：Blackstone将向美国收购业务的基层员工授予股权
Image generated using artificial intelligence via Midjourney.
这张图片是通过Midjourney使用人工智能生成的。
