Mitsubishi Corporation (TSE 8058; LSE MBC, “MC”) has entered into a strategic partnership agreement with I Squared Capital Advisors (US) LLC (“ISQ”), an independent infrastructure investment fund manager. Through this partnership, MC and ISQ will collaborate in various areas of infrastructure investment, including deal sourcing and asset management. In addition, MC, through a subsidiary, has made a USD 100 million commitment to ISQ Global Infrastructure Fund, L.P., which invests in infrastructure assets globally.

ISQ was founded in 2012 by former executives of Morgan Stanley, including Sadek Wahba, Gautam Bhandari and Adil Rahmathulla and is one of the few infrastructure firms with offices in the Americas, Europe and Asia. Focusing on the energy, utilities and transport sectors, ISQ is using its proprietary risk-assessment model to develop a globally-diversified infrastructure portfolio targeting stable returns with moderate risk. ISQ has already completed a few investments, including a cogeneration plant near Boston, and a district cooling plant in Cincinnati, United States.

 

MC’s earlier initiatives in the sector include investments in major infrastructure funds and the launch of an infrastructure investment alliance with domestic and international pension funds. MC, through its wholly-owned subsidiaries, manages Japanese investors’ capital through the alliance. Our strategic partnership with ISQ further enhances these initiatives. Through collaboration with Mitsubishi Corporation Asset Management Ltd. (“MCAM”), one of its wholly-owned subsidiaries, MC is developing methods to enable Japanese institutional investors to invest in infrastructure, where demand is strong and growing.

 

(1) Head Office: 3-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8086, Japan

(2) Year Established: April, 1950

(3) Capital: JPY 204 billion (as of March 31, 2014)

(4) Main business activities:

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

(5) Representative: Ken Kobayashi, President and Chief Executive Officer

 

(1) Headquarters: 410 Park Avenue, Suite 830, New York, NY 10022, United States

(2) Other Offices: Houston, London, Hong Kong, Singapore, New Delhi

(3)Year Established: April, 2012

(4) Main business activities:

I Squared Capital Advisors (US) LLC is an independent global infrastructure investment and management platform.

(5) Representative: Sadek Wahba, Managing Partner

 

(1) Head Office: Kishimoto Bldg. 1F, 2-1, Marunouchi 2-Chome, Chiyoda-Ku, Tokyo 100-0005, Japan

(2) Year Established: February, 1999

(3) Capital: JPY 3 billion

(4) Main business activities:

Mitsubishi Corporation Asset Management is a 100% owned subsidiary of Mitsubishi Corporation. Its main business comprises provision of leading-edge financial products and services to qualified institutional investors, as well as proposing of investment strategies to pension funds, who is licensed for Type I & II Financial Instruments Exchange Business Operators; Investment Advisors; and Investment Managers with the Registration No.: Director of the Kanto Local Finance Bureau (Kinsho) No.176,.

(5) Representative: Hironori Shiozawa, President and Chief Executive Officer

 

〔Disclaimer〕

This press release is made to announce the establishment of MC’s strategic partnership with ISQ, and does not constitute in any way a solicitation of any purchase or sale of specific securities or other financial products.

 

〔Press Contact〕

Mitsubishi Corporation, PR Dept. TEL：03-3210-3065