Granite Asia, PE firm form US$100 million JV targeting Japan expansion opportunities

[SINGAPORE] Investment firm Granite Asia and Japan-listed private equity company Integral Corporation on Monday (Mar 31) launched Granite-Integral, a joint venture (JV) aiming to invest in high-growth companies expanding to and from Japan.

The JV will have an initial committed capital of US$100 million, contributed equally by Granite Asia and Integral Corporation, said both firms.

Granite-Integral will focus on “facilitating two-way expansion”. For companies aiming to enter the Japanese market, the JV will help them navigate Japan’s regulatory landscape and business complexities.

Meanwhile, it will also help Japanese enterprises seek growth outside its domestic market, in regions such as South-east Asia.

“Granite Asia’s technology sector expertise and investor network, combined with Integral Corporation’s deep market knowledge, create a powerful platform to unlock cross-border synergies, accelerate market entry and drive long-term growth,” said the firms.

Granite-Integral will be led by CK Choun, head of Integral Corporation’s tech growth investment arm Integral GlobalTech Partners, and Joe Yan, operating partner at Granite Asia.

Granite Asia senior managing partner Foo Jixun said: “Our partnership with Integral Corporation through Granite-Integral allows us to leverage Japan’s stable and mature market, enhancing the resilience and diversification of our multi-asset investment platform.”