HiJoJo, JAMP launch Japan's first $63.2M unicorn-focused private equity trust
What's the deal? Tokyo-based asset manager HiJoJo Partners and JAMP Fund ManagementDealroom has a profile for this one. Try Dealroom → have launched the HiJoJo Global Unicorn Investment CorporationDealroom has a profile for this one. Try Dealroom →, a private equity investment trust (PEIT) with roughly US$76.9M (around $63.2 million) in paid-in capital. The vehicle launched following a private placement aimed at qualified institutional investors.
Why it matters: HiJoJo says it is Japan's first PEIT of its kind dedicated primarily to unlisted equities, including global unicorn companies.
How it works: JAMP Fund ManagementDealroom has a profile for this one. Try Dealroom →, a subsidiary of Japan Asset Management Platform GroupDealroom has a profile for this one. Try Dealroom →, serves as the primary asset manager and administrative service provider. HiJoJo Partners handles investment decisions and target selection, drawing on its international deal-sourcing pipeline.
Who's behind it? HiJoJo Partners, co-headed by Spiridon Menzas and Norifumi Akiyama, structures and manages funds focused on middle- to late-stage unlisted companies.
What's the endgame? To support its deal-sourcing in late-stage private markets, the firm set up a US presence in 2026 and struck a capital and business alliance with Nasdaq Private Market. It has also secured a Type I Financial Instruments Business registration in Japan, clearing the way for domestic startups to tap global private liquidity networks and delay premature public listings.
The signal: The launch points to growing Japanese investor appetite for late-stage private equity and a route to global unicorns that domestic vehicles have rarely offered.
Read more: fintechobserver.com
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