Advantage Partners wins Firm of the Year - Mid Cap at the 2020 AVCJ Awards
We are pleased to announce that Advantage Partners was honored with the Mid Cap Firm of the Year award at Asian Venture Capital Journal’s annual awards ceremony on November 19, 2020.
The AVCJ awards are the preeminent awards related to private equity in Asia-Pacific and are determined based on both AVCJ’s panel of judges as well as voting from those involved with the private equity industry. We are honored and thankful to have been chosen and are extremely grateful to all those who have contributed to our success over the past twelve months.
AVCJ wrote, “Highlights of Advantage’s year include closing its sixth Japan buyout fund at the hard cap of JPY85 billion ($790 million) and selling a minority stake in the management company to Tokyo Century Corporation, a longstanding LP. The latter move is the first time a Japanese GP has addressed succession planning in a meaningful way. Folsom described it as part of a larger transition in governance, decision making and ownership to ensure ‘the firm can long outlive the founders.””