MUFJ continues Western expansion with Capula stake
MUFG, Japan’s biggest banking conglomerate, has continued its Western expansion with the acquisition of a stake in Capula Investment Management, the $4bn (€2.9bn) UK hedge fund, according to a report in the Financial Times.
Capula, launched in 2005 by Yan Huo and Masao Asai, has already divested a 20% holding to Petershill, a Goldman Sachs fund - a transaction estimated to have been worth up to $100m.
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