In the latest example of boutiques pairing up and strengthening their offerings in the region, Japan’s Asuka DBJ Partners has bought an 8% equity stake in StormHarbour Japan, which is the Tokyo-based securities arm of financial advisory firm StormHarbour, an independent global markets and financial advisory firm.
The value of the deal has not been disclosed, but it is a marriage of niche players.
Launched in December 2010 under the leadership of Michimasa Naka as chief executive officer, StormHarbour Japan bills itself as the only independent boutique securities firm operating in the country that has access to global financial markets through a network of...