Former Japan Carlyle Executive’s Fund Invests in Lion

Yomiuri Shimbun file photo
A logo of Lion Corp.

TOKYO (Reuters) – An investment fund established by a former Carlyle executive in Japan has invested in Japanese consumer goods maker Lion Corp, it said in a statement on Thursday.

Japan Activation Capital – established last year by a former managing director at Carlyle in Japan, Masayuki Takemori – invested in Lion, a manufacturer of toothbrushes, soaps, detergents and other daily goods, on Oct. 9, the statement said.