Japan's JIC tackles startup exit bottleneck with secondary fund bet
The government-backed investor is addressing forced early IPOs through its latest commitment, as Japan seeks to build a more sustainable risk capital cycle and nurture future unicorns.
Japan Investment Corporation (JIC) has committed ¥3 billion ($19.3 million) to Kepple Liquidity Fund 2 as part of its strategy to address critical gaps in Japan's startup exit ecosystem, according to chief investment officer Toshiyuki Kumura.
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