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Nomura, Sparx to Form Company to Invest in Unlisted Firms
By
January 14, 2021
A sign for The Nomura Holdings Inc. is displayed outside a Nomura Securities Co. branch in Tokyo, Japan, on Tuesday, April 23, 2019. Nomura is scheduled to release its full-year earnings on April 25. Photographer: Toru Hanai/Bloomberg
(Bloomberg) Nomura Holdings Inc. is teaming up with Japanese asset manager Sparx Group Co. to form a company that will invest in unlisted companies.
The move is part of Nomura’s efforts to do more business in private markets, where it sees potential for growth. It will also give individuals more opportunities to invest in unlisted firms, Nomura said in a statement on Thursday.