SBI Partners with Goldman

SBI Holdings Inc. has signed an agreement with Goldman Sachs to jointly invest in growing mid-sized companies in Japan. Under the agreement, SBI will sell 40% of its buyout and enterprise revitalization funds unit, SBI Capital Co. Ltd, to Goldman Sachs. SBI Capital will continue to manage its existing buyout and restructuring fund, plus to launch new funds. The joint venture plans to deploy approximately $820 million within three years, and will not restrict investment activity to Japan or to any specific industry or sector.