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Former Japan Carlyle executive's fund invests in Lion

ReutersOct 16, 2024 7:33 AM

(Corrects Japan Activation Capital founder's name to Hiroyuki Otsuka, not Masayuki Takemori, in paragraph 2)

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 and deputy head of Carlyle in Japan, Hiroyuki Otsuka - invested in Lion, a manufacturer of toothbrushes, soaps, detergents and other daily goods, on Oct. 9, the statement said.

(Reporting by Anton Bridge; Editing by Christian Schmollinger)

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