‘Womenomics’ researcher to bring ESG to Japanese startups
Kathy Matsui, formerly of Goldman Sachs, starts female-run venture fund to support health care, fintech and other young firms.
June 1, 2021 3 MINS
After 30 years in Japan, former Goldman Sachs vice chair Kathy Matsui, known for research that shifted government policy on women at work, is starting a venture fund that could help put some of her ideas into practice.
Matsui, who left Goldman Sachs Group Inc. at the end of 2020, has teamed up with three other experienced female financial executives to build a fund that aims to invest $150 million in sectors including health care, fintech, next-generation work and education, as well as the environment. The MPower Partners Fund, a rarity in Japan for its female leadership, will seek to secure high returns while imbuing startups with environmental, social and governance values, Matsui said.
Jun 1, 2021
After 30 years in Japan, former Goldman Sachs vice chair Kathy Matsui, known for research that shifted government policy on women at work, is starting a venture fund that could help put some of her ideas into practice.
Matsui, who left Goldman Sachs Group Inc. at the end of 2020, has teamed up with three other experienced female financial executives to build a fund that aims to invest $150 million (¥16.4 billion) in sectors including health care, fintech, next-generation work and education, and as the environment. The MPower Partners Fund, a rarity in Japan for its female leadership, will seek to secure high returns while imbuing startups with environmental, social and governance values, Matsui said.
Tokyo, Japan (PRWEB) June 02, 2021 The fund will focus on investments into growth- to late-stage Japanese startups, and the remainder into earlier-stage
Industry Veteran Charman to Retire from Sompo Int’l, Succeeded by Zurich’s Shea May 25, 2021
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced that after eight years with the company and more than five decades in the industry, John Charman will retire from Sompo International at the end of his current contract in April 2022.
James Shea has been selected to succeed Charman in his role of executive chairman of the board of directors, Sompo International Holdings Ltd., and chief executive officer of Overseas Insurance and Reinsurance Business, Sompo Holdings Inc.
John Charman
In addition, Shea will be appointed chief executive officer of Sompo International Holdings. All of Shea’s appointments will be effective Sept. 1, 2021, subject to regulatory approvals. He will report to Kengo Sakurada, group chief executive officer of Sompo Holdings.