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March 8, 2013
The Japan Private Equity Association announced "Recommendation for More Proactive Use of Private Capital for the Real Revitalization of the Japanese Economy"

On March 8, the Japan Private Equity Association, regarding government-affiliated funds, through which the Government of Japan and related institutions proactively support Japanese businesses, made three recommendations, in view of the necessity to maintain public-private division of roles. The Association’s recommendations are as follows: 1) Establish strict standards for investments and loans provided by government-affiliated funds, 2) promote collaboration between the government-affiliated funds and private funds, and 3) conduct follow-up monitoring of investments and loans by government-affiliated funds.

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