DOHA, State of Qatar & TOKYO, Japan – November 11, 2025 – Q Prime Holding, a premier publicly listed investment entity on the Qatar Stock Exchange, and ORIX Corporation, a leading diversified global financial services group headquartered in Tokyo, today announced the establishment of OQCI Fund LP, a private equity fund with a target size of USD 2.5 billion. Q Prime Holding has committed USD 1 billion to the fund, representing 40% of its total target capital. The partnership establishes a dedicated platform through which Q Prime will access investment opportunities across the Japanese market, leveraging ORIX's six decades of domestic expertise, proprietary deal flow and operational capabilities.
Capitalizing on Japan's Evolving M&A Landscape
Japan is undergoing a structural transformation in its corporate landscape, driven by evolving governance standards, increasing shareholder engagement and a growing appetite for strategic transactions. Against this backdrop, OQCI Fund LP will target Japanese companies with enterprise values of at least JPY 30 billion per transaction, with particular emphasis on business succession, the privatization of listed companies and corporate carve-outs.
The fund's strategy is designed to capitalize on a deepening pipeline of governance-driven deals and increasing international capital participation in one of the world's largest economies, positioning Q Prime to partner with established Japanese enterprises at a moment of meaningful structural change.
Strategic Synergies and Operational Excellence
Under the partnership, ORIX will contribute its extensive domestic networks, proprietary deal flow and comprehensive post-investment monitoring and advisory capabilities, while Q Prime and ORIX will serve as the fund's sole Limited Partners. The structure aligns international institutional capital with deep local execution, enabling disciplined investment in larger Japanese enterprises and supporting the long-term improvement of corporate value.
The collaboration also advances ORIX's ambition to expand its asset-management platform by increasing the proportion of third-party funds within its portfolio, enhancing capital efficiency and accelerating the growth of its asset management business.
Executive Commentary on the Strategic Alliance
“Japan represents a core component of Q Prime's long-term private equity strategy. With disciplined valuations, a deep pipeline of governance-driven deals, and growing global investor interest, we view this as an exceptional opportunity to partner with best-in-class Japanese businesses to create enduring value. We are highly pleased to be the first international partner in ORIX's inaugural private equity fund. This partnership will enable both parties to capitalize on current market opportunities and support ORIX's ambition to build a thriving asset management initiative.”
Mr. Faisal Hamad T M Al-Thani
Chief Executive Officer, Q Prime Holding
“We are deeply honored to enter into this partnership with Q Prime Holding today. As a significant and influential sovereign wealth fund, Q Prime's commitment will help expand investments in the Japanese economy. ORIX has built considerable expertise in Japanese private equity, and this partnership represents the next logical step in improving the corporate value of high-growth companies while contributing to Japan's broader industrial development. Increasing the proportion of third-party funds in our portfolio will enhance capital efficiency and accelerate the growth of our asset management business.”
Mr. Makoto Inoue
Representative Executive Officer, Chairman, and CEO of ORIX
About ORIX Group
ORIX Corporation is a diversified financial services group founded in 1964 and headquartered in Tokyo, Japan. Over six decades, ORIX has built a global platform spanning corporate financial services, leasing, real estate, banking, asset management and private equity. Listed on the Tokyo Stock Exchange, ORIX operates across Asia, the Americas, Europe and the Middle East, combining deep domestic market expertise with an international operational footprint.
The establishment of OQCI Fund LP represents a significant step in ORIX's strategy to grow its asset-management business by partnering with leading institutional investors worldwide. The partnership reflects a shared commitment to disciplined, long-term value creation and to supporting the development of Japan's broader industrial landscape.