Nomura expands principal finance business to non-Japan Asia

Yoshiki Hashimoto will lead a new Asia merchant banking department that will seek out investment opportunities in the region.
Nomura Holdings is expanding its principal finance business into non-Japan Asia through the establishment of an Asia merchant banking department. Yoshiki Hashimoto will take on a new position as head of Asia merchant banking and will lead the new department from Hong Kong.

Hashimoto was previously head of Europe merchant banking at the Japanese bank.

In his new role, Hashimoto will head up a group of investment professionals, responsible for seeking investment opportunities and making investment decisions in Asian markets. He will report to Akira Maruyama, chief executive officer of global merchant banking, as well as to Yoshinori Go, chief operating officer of Nomura Asia Holding N.V.

Hashimoto has extensive experience in the principal finance business after leading NomuraÆs European merchant banking business in London from 2003 to 2006.

The new department, which will be set up in May under the bankÆs global merchant banking division, is meant to drive the firmÆs business expansion in the region. HashimotoÆs team will be focusing on companies seeking capital to fund further growth and expansion and will make significant minority investments in growth stage companies across Asia, including China, India, Southeast Asia, and Australia.

ôNomura has extensive experience investing in buyout opportunities in Japan and venture companies in Europe in the healthcare, technology, and environment sectors. Our Asia merchant banking operations will be able to tap this expertise while leveraging Nomura's well-established brand name in Asia to deliver tailored solutions to Asian corporates,ö Maruyama says in a written statement.

The bank notes that its expansion comes as corporates across Asia are looking to raise funds for business expansion on the back of the ongoing economic growth and improvements in living standards.

The new Asian business will add to the bankÆs existing global merchant banking operations in Japan and Europe. In Japan, NomuraÆs principal finance team conducts buyouts, while the bankÆs research and advisory division makes venture capital investments through funds. In Europe, the Japanese bank has been working on venture capital investments into US and European companies.
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