SUMITOMO MITSUI TRUST INVESTMENT CO., LTD. (President: Yoshida Norimasa) has jointly established the “Japan Next Generation Investment Limited Partnership,” a fund of funds investing in relatively new VC funds targeting domestic startup companies, in collaboration with Aozora Corporate Investment Co., Ltd.ad_group.

This fund primarily invests in domestic startup companies by supporting relatively new VC funds, aiming to contribute to the development of the domestic venture community by identifying and supporting high-quality VC funds.

Following investments in VC funds, Sumitomo Mitsui Trust Group will leverage its extensive experience with numerous domestic and international funds to strengthen governance, reporting systems, and ESG management frameworks within the funds. This approach aims to create an environment that facilitates institutional investors' access to domestic startup companies.

This is the end of the announcement.